Our illustrious owners wealth since taking over the reigns in 2010 has increaed from 1.1bn dollars, to 2.8bn dollars as of now. Yes he has his hand in other sports ventures as we all know (formally NESV), but are we assuming his other âprojectsâ make his profit, but not LFC?
I think part of the problem is misunderstanding what increasing the wealth is. Just because their wealth had increased doesn't mean they have money sitting in the bank.
Let's say Jeff Bezos, he's worth $X billions, and growing every day, but he doesn't have al those X billions in cash, same with other billionaires. Same if you buy gold today and tomorrow it's worth 3x, that's what happened with the Club, they bought it for ÂŁ300m and now it's worth ÂŁ2b or something like that.
They haven't taken money out of the club, as it's shown in the accounts. If you chose to believe those reports or not well, up to you, but the club is audited by PWC o KPMG (don't remember which) and they won't put false reports just to fool LFC supporters, it's not how it works.
Some people might not like them, and that's ok. I think overall they've been ok.
They're have made errors, yes but also made good things too. Talking about the nets spend, yes they sold Coutinho but that made us a better team and if, hypothetically, we sell x player and buy 2 or 3 and that makes us a better team, I'm fine with that.
Logged