Message: I refer to your Editorial of 24th. August 2006, "Full steam ahead".
http://www.anfield-online.co.uk/features/editor/240806.htmYou have skirted round the truth when referring to the lack of investment in Liverpool FC.Your comment "maybe we suffer because of our unusual management structure, we are at times a family club operating in a highly commercial world."
Oh dear! what a weak statement, which smacks of sycophancy.
Let's face it, Liverpool FC have failed to attract an investor because of the huge cost- probably in excess of £100 million, involved in buying out David Moores interests. Any Investor would demand overall control and that means removing the current Chairman. If he was so devoted to LFC Moores should offer to step down without such a massive pay off. After all his original capital input (provided by his family) in respect of his holding of 17923 shares cost him no more than £6 million.(Work it out!)
As for thinking we are a family club "at times" is another reason the club is in a time warp. Liverpool FC is a public limited company with approximately 1200 shareholders. A club which has lain in a metamorphosis for far too long and is currently five years behind our nearest competitors.
Let the club issue it's 15177 unissued shares, with Moores agreeing to step down by selling (say) just 10,000 shares at a more reasonable price.
In this way a new investor could take control (with much more cash to come) and most of the capital would accrue to the club and not Moores.
With respect you need much more research and original thinking on this question of investment. Supporters deserve it.
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