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#213985 - 16/04/12 01:09 AM
Re: Is £20-30 million enough for next season?
[Re: bigredkop]
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Member
Registered: 28/03/12
Posts: 759
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Hmm not too sure about that one rushy, I think the board at the red sox would be pretty vexed if money made by them would be used to fund another business. there is only one pot of money within the FSG global company and that has to do us all, they got the money from that pot in the first place to buy us with even if it was at a knock down price, speculate to accumilate is what there doing, they even started to dilute us within a month or so of buying us by selling parts of the Liverpool franchise off. I disagree, I think the 'pot of money' gets compartmentalized into their various assets and interests. It's bad business to do as you suggested and FSG might not know football, but they do know business. It's no good having one part of the franchise doing well while another is'nt as it will drain the money from the other franchise parts, you have to use the money to make sure they are equaly performing and making money, thats how it works, juggling act in a way.
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#214015 - 16/04/12 02:05 AM
Re: Is £20-30 million enough for next season?
[Re: ianrush81]
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thundyr
Unregistered
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They may manage them seperately but at the end of the day FSG is one company. If one part is doing bad its can't but help affect the others. Conversely one area might subsidise the other. There was some comment by redsox fans that last season they were subsidising Liverpool. To be honest Stanley we would all probably say the same if the shoe was on the other foot and we were bailing out the red sox. These Americans are only here to make money, the Club will only ever be treated as a business and not a football club with traditions and history, they want bang for the buck which means putting as little as possible in and taking maximum profits out. I disagree with the intent of this post. Yes, it's a business - all sport is these days. They want Liverpool to be self-sufficient and successful, just like any business. Funny how that coincides with what we fans want. If they take some money, then so be it, as long as Liverpool FC is not being drained (and I say it again to the doubters: the owners have done nothing to deserve such a staggering lack of faith). With FFP on the horizon, the pragmatic approach of buying young players and developing them is cheaper in the short and long term, and you have much less chance of making big money mistakes on players who don't work out. This may prevent Liverpool being the best club in England, or it may help Liverpool become the best club in England. Who can tell? Spending "big" hasn't worked, so it's pretty obvious we're not going to spend "big" again. I use quotes because our net spend suggests we didn't spend big last summer, but people see a big number and their brains explode so you one can't help the obvious misconceptions.
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#214027 - 16/04/12 02:33 AM
Re: Is £20-30 million enough for next season?
[Re: ianrush81]
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Member
Registered: 21/07/11
Posts: 889
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Hmm not too sure about that one rushy, I think the board at the red sox would be pretty vexed if money made by them would be used to fund another business. there is only one pot of money within the FSG global company and that has to do us all, they got the money from that pot in the first place to buy us with even if it was at a knock down price, speculate to accumilate is what there doing, they even started to dilute us within a month or so of buying us by selling parts of the Liverpool franchise off. I disagree, I think the 'pot of money' gets compartmentalized into their various assets and interests. It's bad business to do as you suggested and FSG might not know football, but they do know business. It's no good having one part of the franchise doing well while another is'nt as it will drain the money from the other franchise parts, you have to use the money to make sure they are equaly performing and making money, thats how it works, juggling act in a way. No that's precisely how it doesn't work. If one Franchise is doing badly you address that separately as a going concern. FSG as a group pump money into the 'pot' which then gets directed to the various nodes of their business network. Red sox will never subsidize Liverpool, nor the other way around. I think you'll find that actually goes against the very specific rules that owners must agree to when buying 1. A football club in this country and 2. even more so a sports franchize in the US.
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#214143 - 16/04/12 04:39 PM
Re: Is £20-30 million enough for next season?
[Re: ]
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Member
Registered: 23/03/11
Posts: 7374
Loc: The World's Cosiest Armchair!
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They may manage them seperately but at the end of the day FSG is one company. If one part is doing bad its can't but help affect the others. Conversely one area might subsidise the other. There was some comment by redsox fans that last season they were subsidising Liverpool. To be honest Stanley we would all probably say the same if the shoe was on the other foot and we were bailing out the red sox. These Americans are only here to make money, the Club will only ever be treated as a business and not a football club with traditions and history, they want bang for the buck which means putting as little as possible in and taking maximum profits out. I disagree with the intent of this post. Yes, it's a business - all sport is these days. They want Liverpool to be self-sufficient and successful, just like any business. Funny how that coincides with what we fans want. If they take some money, then so be it, as long as Liverpool FC is not being drained (and I say it again to the doubters: the owners have done nothing to deserve such a staggering lack of faith). With FFP on the horizon, the pragmatic approach of buying young players and developing them is cheaper in the short and long term, and you have much less chance of making big money mistakes on players who don't work out. This may prevent Liverpool being the best club in England, or it may help Liverpool become the best club in England. Who can tell? Spending "big" hasn't worked, so it's pretty obvious we're not going to spend "big" again. I use quotes because our net spend suggests we didn't spend big last summer, but people see a big number and their brains explode so you one can't help the obvious misconceptions. That's too much a of generalisation. Spending big usually does work as long as the spender knows what he's doing. We failed not because the idea of spending big is flawed but because WE spent very badly. The biggest spenders nealry always occupy the top positions in every league. For me, the buy 'young and develop' method is extremely risky and would have a much better chance of success if all clubs adopted the same policy. But they don't.
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