Our financial position

That is the inside of the Getafe kit, it is a pic of the Burger King LFC Exiled suggested that in the subscribers thread, may change it to Boris... as per bad boy bubby's suggestion

Not sure if anyone has looked into the members of NESV before. Just from a look at Wikipedia and a couple of Google searches I found out a fair bit.

John W. Henry - Set up up "John W. Henry and Co" specialising in foreign trading and exchange. In the beggining of 2006 he was worth around 1.1 billion dollars although he has severe losses of around 300/400 million dollars in December 2006 and today is believed to be worth anywhere between 700 million to 1 billion dollars.

Tom Werner - Not a large investor. History of TV producing and leading investment groups in other sports teams. I couldn't find much on how much he is worth, although it doesn't look like he's worth any large amount. I may end up being corrected on this one.

John A. Kaneb - He owns/runs HP Hood a leading food company. You can often see HP Hood blimps above Fenway Park. He used to work in oil for Gulf Oil and brought them huge profits. He is worth around 600 million dollars.

Thomas DiBendetto - Just brought a majority stake in A.S Roma along with other investors and large investment bank UniCredit.

LeBron James - Obviosly owns a very small stake and probably won't be investing any money in the club. He earns 14.5 million dollars a year from Miami Heat and he has huge deals with Nike etc. He's got a fair bit of money.

Seth Klarman - Owns/Runs Baupost Investment Group. Manages a 22 billion pound investment fund and has brought big returns to investors in the past. He holds a significant amount of money himself and has many portfolios. He has written a couple of books on investment that have reasonably well.

Larry Lucchino - CEO of the Red Sox. Similar to Tom Werner in that I couldn't find much in the form of assets and more of someone running the operation. He has had success at previous Baseball clubs and building new stadia.

The New York Times - Owned by the Sulzberger family. Total assets just below 3.3 billion dollars. There were some reports/rumours I found that NYT wanted out but I couldn't find anything substancial.

Jeffrey Vinik - Owns Tampa Bay Lightning NHL Club and Tampa Bay Storm AFL Club. Runs investment fund "Vinik Asset Managment". He made his investors 4.2 billion dollars on thier investments. A bit of a side-note but I'm pretty sure he's a boardmember on Football Manager.

Ted Alfond and Will Alfond - They are a sort of family investment. They represent thier aging father who made huge sums of money in the shoe business. He was the first person to set up a facory outlet store and the family is worth 106 billion dollars.

Henry F. McCance - Chairman of Greylock Partners Invesment Fund who have a sizable chunk in Facebook along with Digg and Linkedin. Worth around 2 billion dollars.

There were plenty of members I couldn't find much about too such as Michael Egan and Michael Gordon who is a boardmember.

Not sure if anyone has looked into the members of NESV before. Just from a look at Wikipedia and a couple of Google searches I found out a fair bit.

John W. Henry - Set up up "John W. Henry and Co" specialising in foreign trading and exchange. In the beggining of 2006 he was worth around 1.1 billion dollars although he has severe losses of around 300/400 million dollars in December 2006 and today is believed to be worth anywhere between 700 million to 1 billion dollars.

Tom Werner - Not a large investor. History of TV producing and leading investment groups in other sports teams. I couldn't find much on how much he is worth, although it doesn't look like he's worth any large amount. I may end up being corrected on this one.

John A. Kaneb - He owns/runs HP Hood a leading food company. You can often see HP Hood blimps above Fenway Park. He used to work in oil for Gulf Oil and brought them huge profits. He is worth around 600 million dollars.

Thomas DiBendetto - Just brought a majority stake in A.S Roma along with other investors and large investment bank UniCredit.

LeBron James - Obviosly owns a very small stake and probably won't be investing any money in the club. He earns 14.5 million dollars a year from Miami Heat and he has huge deals with Nike etc. He's got a fair bit of money.

Seth Klarman - Owns/Runs Baupost Investment Group. Manages a 22 billion pound investment fund and has brought big returns to investors in the past. He holds a significant amount of money himself and has many portfolios. He has written a couple of books on investment that have reasonably well.

Larry Lucchino - CEO of the Red Sox. Similar to Tom Werner in that I couldn't find much in the form of assets and more of someone running the operation. He has had success at previous Baseball clubs and building new stadia.

The New York Times - Owned by the Sulzberger family. Total assets just below 3.3 billion dollars. There were some reports/rumours I found that NYT wanted out but I couldn't find anything substancial.

Jeffrey Vinik - Owns Tampa Bay Lightning NHL Club and Tampa Bay Storm AFL Club. Runs investment fund "Vinik Asset Managment". He made his investors 4.2 billion dollars on thier investments. A bit of a side-note but I'm pretty sure he's a boardmember on Football Manager.

Ted Alfond and Will Alfond - They are a sort of family investment. They represent thier aging father who made huge sums of money in the shoe business. He was the first person to set up a facory outlet store and the family is worth 106 billion dollars.

Henry F. McCance - Chairman of Greylock Partners Invesment Fund who have a sizable chunk in Facebook along with Digg and Linkedin. Worth around 2 billion dollars.

There were plenty of members I couldn't find much about too such as Michael Egan and Michael Gordon who is a boardmember.

Skinning along on our arses again? Is that what you're trying to say?
Stetsons are'nt cool.

Jesus!! i havent read that much since going to court!! not guilty obviously it does make for good reading though,looking forward to the red future!!

Skinning along on our arses again? Is that what you're trying to say?
Stetsons are'nt cool.

I don't understand any of that.

Not sure if anyone has looked into the members of NESV before. Just from a look at Wikipedia and a couple of Google searches I found out a fair bit.
 
Tom Werner - Not a large investor. History of TV producing and leading investment groups in other sports teams. I couldn't find much on how much he is worth, although it doesn't look like he's worth any large amount. I may end up being corrected on this one.

A little effort goes a long way: From Forbes


#368, Werner, Tom  
52 , self made
Source: Media/Entertainment, television

Net Worth: $600 mil  
Hometown: Los Angeles , CA

Marital Status: single , 3 children

Undergraduate: Harvard University, Bachelor of Arts / Science

With partner Marcy Carsey, cofounded hitmaking television studio (The Cosby Show, Roseanne, 3rd Rock From the Sun) hooked up in 1981, now one of the last remaining independent TV producers. Also partners in slow-starting women's network, Oxygen. Harvard grad, now part-owner of Boston Red Sox.


Now Michael Egan Can Grin And Bear It
June 13, 1999|By KATHERINE HUTT SCOTT Business Writer

A graceful green-soapstone statue of a dancing bear stands in an alcove at the entrance to Michael S. Egan's office. He calls the foot-high statue a good luck charm. His wife says The Dancing Bear is a reflection of Egan himself.


Small wonder that Michael Egan turned again to the name Dancing Bear after he sold Fort Lauderdale-based Alamo, which he had built into the nation's fourth-largest rental car company, to Republic Industries for $626 million in Republic stock. Egan's stake was worth about 586 million million at the time.


12 years ago but I doubt he blew the wad.

A little effort goes a long way: From Forbes


#368, Werner, Tom 
52 , self made
Source: Media/Entertainment, television

Net Worth: $600 mil 
Hometown: Los Angeles , CA

Marital Status: single , 3 children

Undergraduate: Harvard University, Bachelor of Arts / Science

With partner Marcy Carsey, cofounded hitmaking television studio (The Cosby Show, Roseanne, 3rd Rock From the Sun) hooked up in 1981, now one of the last remaining independent TV producers. Also partners in slow-starting women's network, Oxygen. Harvard grad, now part-owner of Boston Red Sox.


Now Michael Egan Can Grin And Bear It
June 13, 1999|By KATHERINE HUTT SCOTT Business Writer

A graceful green-soapstone statue of a dancing bear stands in an alcove at the entrance to Michael S. Egan's office. He calls the foot-high statue a good luck charm. His wife says The Dancing Bear is a reflection of Egan himself.


Small wonder that Michael Egan turned again to the name Dancing Bear after he sold Fort Lauderdale-based Alamo, which he had built into the nation's fourth-largest rental car company, to Republic Industries for $626 million in Republic stock. Egan's stake was worth about 586 million million at the time.


12 years ago but I doubt he blew the wad.

As I said I was prepared to be corrected. Thanks anyway

http://www.forbes.com/2011/04/20/worlds-most-valuable-soccer-teams_slide_10.html

Liverpool are 9th.

So we don't have to pay FSG any money back then? Those not really that rich people (in the crazy world of oil) that have no real loyalty to the club just gave that money to buy H&G yeah? They will want it back, no doubt. We are not in debt to any bank & therefore I hope interest levels will not even be comparable, but we are in debt. We owe FSG & their investors their money back. They will get it back with interest, wait & see. They are not doing anything for the love of LFC or for fun

So we don't have to pay FSG any money back then? Those not really that rich people (in the crazy world of oil) that have no real loyalty to the club just gave that money to buy H&G yeah? They will want it back, no doubt. We are not in debt to any bank & therefore I hope interest levels will not even be comparable, but we are in debt. We owe FSG & their investors their money back. They will get it back with interest, wait & see. They are not doing anything for the love of LFC or for fun

And it would be different with any other set of owners?

So we don't have to pay FSG any money back then? Those not really that rich people (in the crazy world of oil) that have no real loyalty to the club just gave that money to buy H&G yeah? They will want it back, no doubt. We are not in debt to any bank & therefore I hope interest levels will not even be comparable, but we are in debt. We owe FSG & their investors their money back. They will get it back with interest, wait & see. They are not doing anything for the love of LFC or for fun

All potential owners would expect a return at some time. FSG have said they don't plan on taking anything out soon. The only exceptions would be the likes of City and Chelsea who are just thier owner's toys.

And it would be different with any other set of owners?

Yes, it is different to many other owners. That said, that is not even the point. The point is in reply to people saying we have no debt.

And it would be different with any other set of owners?

In my experience most owners of football clubs expect to lose money, they buy a club for an adventure, sometimes is because they have a passion or love of football, quite often it is out of loyalty for there home team.
 They try there best to make the club successful, putting there own money on the line with no realistic chance of getting it back.
 When things go wrong they try there best to pass the club onto a good custodian, excepting they have tried and failed and taking a massive hit in the process.
 Most owners of football clubs are very different to FSG.

Yes, it is different to many other owners. That said, that is not even the point. The point is in reply to people saying we have no debt.

I think, I may be wrong, that 'we' (the club) owe about £40m. I don't know if F.S.G. owe anyone any money but the club, it's self, has only the debt mentioned.

I'm guessing, as ever, it'll be a question of semantics and perhaps perspective as to who 'we' are. I consider FSG to be owners of the club and not the club (it's self). I'm guessing, for the purpose of argument (and only that), others will make sure they see things differently. 

Yes, it is different to many other owners. That said, that is not even the point. The point is in reply to people saying we have no debt.

The owners got the club well under valuation by paying off the acquisition debt that was thrust up on us by H&G, there is a small amount of debt left over to do with the Stadium.

We owe the owners the nothing the club is their investment, they will not take a penny out as they have not done at the Red Sox, they will grow the club professionally and commercially and hopefully return to us back to a successful football club.

Once they have grown their investment to what they feel is a reasonable valuation and the financial market is in a healthy position, they will sell the club and make the profit/return on their investment, whether that be in 5 years time or 20 years time. John Henry already discussed all this.

The owners got the club well under valuation by paying off the acquisition debt that was thrust up on us by H&G, there is a small amount of debt left over to do with the Stadium.

We owe the owners the nothing the club is their investment, they will not take a penny out as they have not done at the Red Sox, they will grow the club professionally and commercially and hopefully return to us back to a successful football club.

Once they have grown their investment to what they feel is a reasonable valuation and the financial market is in a healthy position, they will sell the club and make the profit/return on their investment, whether that be in 5 years time or 20 years time. John Henry already discussed all this.

Just like any other businessmen Daz.  Although I hope they don't, I'd like them to remain as our owners for many years to come.

they will not take a penny out as they have not done at the Red Sox,

Worth repeating.

Its that "Lucky" Larry Lucchino I'd watch out for.

Does he wear spats and has a cool line in double breasted suits?

John Henry already discussed all this.

As did we, (at length), earlier this year mate. Anyone genuinely interested could, I suppose, either use the search function on here or just 'google' 'it' should they want proper insight and not just a row.  

I think, I may be wrong, that 'we' (the club) owe about £40m. I don't know if F.S.G. owe anyone any money but the club, it's self, has only the debt mentioned.

I'm guessing, as ever, it'll be a question of semantics and perhaps perspective as to who 'we' are. I consider FSG to be owners of the club and not the club (it's self). I'm guessing, for the purpose of argument (and only that), others will make sure they see things differently. 

Isn't that 40 million working capital though?

I wouldn't worry about that...

The owners got the club well under valuation by paying off the acquisition debt that was thrust up on us by H&G, there is a small amount of debt left over to do with the Stadium.

We owe the owners the nothing the club is their investment, they will not take a penny out as they have not done at the Red Sox, they will grow the club professionally and commercially and hopefully return to us back to a successful football club.

Once they have grown their investment to what they feel is a reasonable valuation and the financial market is in a healthy position, they will sell the club and make the profit/return on their investment, whether that be in 5 years time or 20 years time. John Henry already discussed all this.

Have a +828 mate  .

The owners got the club well under valuation by paying off the acquisition debt that was thrust up on us by H&G, there is a small amount of debt left over to do with the Stadium.

We owe the owners the nothing the club is their investment, they will not take a penny out as they have not done at the Red Sox, they will grow the club professionally and commercially and hopefully return to us back to a successful football club.

Once they have grown their investment to what they feel is a reasonable valuation and the financial market is in a healthy position, they will sell the club and make the profit/return on their investment, whether that be in 5 years time or 20 years time. John Henry already discussed all this.

Thats the way I see it as well - with regards to long term plans, however I do see them taking out every year to pay themsleves the money they put in. Then in say 10 years they will have in effect purchased the club with our money. They can then choose to sell & keep the whole amount as pure profit. If not that means we will have millions to spend each year, so I guess we will wait and see. I dont think they are bad for doing this either, just good businessmen & lets not kid ourselves that they are in this for the love of the club. What Henry has discussed & what he does isnt always going to be the same, for sure he is going to tell us what we want to hear. Call me sceptical, perhaps I am & overly so. But I support the club, not Henry  - He has to prove to me his worth, I hope he does

Can someone please tell me that Milan Jovanovic DOES NOT earn £120,000 a week as The Gaurdian are reporting. If that is true then I don't know how to react to that.