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      NESV/Fenway Sports Group: Owners of LFC

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      Lallana in Pyjamas
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      Re: NESV/Fenway Sports Group: Owners of LFC
      Reply #27050: Feb 22, 2021 05:47:37 pm
      What are you talking about,stuey said we wouldn't have brought VVD,Ally and Fab had we not sold Coutinho,which is true,i think i read somewhere that there is no way FSG would have spent that money without selling Coutinho,Jürgen didn't want Coutinho to go and he was told if he went the funds can be used to strengthen the team,do you think Jürgen wanted Brewster to go?no but he was sold with a possible buy back because of FSG's transfer strategy of sell to buy hence we brought Jota and sold Wolves our up and coming defender hence our net spend was about 20m at most with the other 2 signings and the Lovern departure.FSG's transer policies are clear they won't spend their own money and they give Jürgen 20m from revenue plus what we get back from selling players that look good for us but end up being donkeys when they leave.


      How do you know who we would have bought if Coutinho had stayed ? You are using guesswork to try and justify a point


      There is no way to tell what we would have done if Coutinho had stayed


      Either way we didn’t sell Coutinho just so we could buy other players


      Coutinho wanted to leave so he left - the club then brought in 3 players and we moved on

      If Klopp didn’t want Brewster to leave then he wouldn’t have left - simple


      We brought Jota in and to help the deal we allowed a right back to leave - that’s just standard deals these days


      And again you are going on about net spend  :mad:


      Yes their transfer policy is clear - spend what the club earns and it’s been that way since they arrived

      What other policy should they have ? What owners would you like to see buy the club from them
      Lallana in Pyjamas
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      Re: NESV/Fenway Sports Group: Owners of LFC
      Reply #27051: Feb 22, 2021 05:49:13 pm
      He ties himself in knots and ends up contradicting himself.

      No I haven’t - and you still have shown the “Sell to buy policy” yet - but you won’t be able to because it doesn’t exist in the club
      stuey
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      Re: NESV/Fenway Sports Group: Owners of LFC
      Reply #27052: Feb 22, 2021 06:52:54 pm
      No I haven’t - and you still have shown the “Sell to buy policy” yet - but you won’t be able to because it doesn’t exist in the club

      It has been displayed and you refuse to accept it!
      Where does the dosh come from?
      It has to be generated by LFC as FSG  will not provide monies for the running of the club.

      How many times does this need explaining?
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      Re: NESV/Fenway Sports Group: Owners of LFC
      Reply #27053: Feb 22, 2021 06:59:53 pm
      It has been displayed and you refuse to accept it!
      Where does the dosh come from?
      It has to be generated by LFC as FSG  will not provide monies for the running of the club.

      How many times does this need explaining?


      The money spent comes from commercial income earned by the club that’s includes


      Sponserships - shirt and stadium
      Telly and Competition revenue
      Matchday revenue
      Shirt sales
      Player sales

      It’s then spent on

      Wages
      Player purchases
      Stadium loans
      General running of the club

      Not one single player has been sold just so the club can buy another player


      Any player sold the money goes into the clubs finances - those finances are FSGs monies

      You haven’t once displayed any “sell to buy policy”. Unless you can confirm which player was sold on the basis of purely buying another player
      stuey
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      Re: NESV/Fenway Sports Group: Owners of LFC
      Reply #27054: Feb 22, 2021 07:07:44 pm

      The money spent comes from commercial income earned by the club that’s includes


      Sponserships - shirt and stadium
      Telly and Competition revenue
      Matchday revenue
      Shirt sales
      Player sales

      It’s then spent on

      Wages
      Player purchases
      Stadium loans
      General running of the club

      Not one single player has been sold just so the club can buy another player


      Any player sold the money goes into the clubs finances - those finances are FSGs monies

      You haven’t once displayed any “sell to buy policy”. Unless you can confirm which player was sold on the basis of purely buying another player

      Monies generated on the back of the club, ONCE AGAIN - FSG contribute zero to the running of the club.
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      Re: NESV/Fenway Sports Group: Owners of LFC
      Reply #27055: Feb 22, 2021 07:09:16 pm
      Still curious as to how JWH and FSG have increased their worth, but somehow they don’t profit from LFC? Does their profit purely come from Boston Red Sox? From NASCAR?

      So they run LFC as a business model but make no profit? Bollocks if I ever heard it, regardless of what figures from a spreadsheet say...
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      Re: NESV/Fenway Sports Group: Owners of LFC
      Reply #27056: Feb 22, 2021 07:27:13 pm
      Here's a good one

      So you were complaining that we "pay peanuts", then when shown players we have paid a lot of money for, it then became "but they were off the back of sales", which was not your argument in the first place. Convenient to keep changing the argument, ain't it.

      Making a point that the manager didn’t get his targets is wrong how brown nose?

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      Re: NESV/Fenway Sports Group: Owners of LFC
      Reply #27057: Feb 22, 2021 07:32:36 pm
      Monies generated on the back of the club, ONCE AGAIN - FSG contribute zero to the running of the club.

      The club is self sufficient that’s not new and been the same for the past 10 years

      But they do contribute to the running of the club - it’s their club , they own it lock stock and barrel and they have Mike Gordon running it on a daily basis along with his team and all the people they employ to run the club.

      If you are purely looking for financial contribution from the owners - they provide loan facilities, credit lines and also money for the new training facilities.


      But an owners contribution to a club isn’t purely about how much money they can spend on players - unless you are a City or Chelsea fan
      Shabs
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      Re: NESV/Fenway Sports Group: Owners of LFC
      Reply #27058: Feb 22, 2021 07:35:28 pm
      Time to move on.. going in f**king roundabouts here...

      I fell asleep after this post and not long woke up... nothing changed then, same arguments...😂

      Lallana in Pyjamas
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      Re: NESV/Fenway Sports Group: Owners of LFC
      Reply #27059: Feb 22, 2021 07:35:30 pm
      Still curious as to how JWH and FSG have increased their worth, but somehow they don’t profit from LFC? Does their profit purely come from Boston Red Sox? From NASCAR?

      So they run LFC as a business model but make no profit? Bollocks if I ever heard it, regardless of what figures from a spreadsheet say...


       :mad:

      They have increased their asset worth - so they assets they own have increased in value

      They don’t take a penny out of the club beyond loan repayments ( £10mil so far ) , I believe also Werner and Henry don’t even take a salary from the club


      HUYTON RED
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      Re: NESV/Fenway Sports Group: Owners of LFC
      Reply #27060: Feb 22, 2021 07:44:27 pm
      Can you remind me when we first looked to buy VVD - was it not the summer that we bought Mo

      When Klopp got caught tapping him up in Blackpool!!

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      Re: NESV/Fenway Sports Group: Owners of LFC
      Reply #27061: Feb 22, 2021 07:46:17 pm

       :mad:

      They have increased their asset worth - so they assets they own have increased in value

      They don’t take a penny out of the club beyond loan repayments ( £10mil so far ) , I believe also Werner and Henry don’t even take a salary from the club




      Stop talking out of your arse will you? JWH personal wealth has shot up massively. So like I said, does his profit come only from Red Sox or NASCAR, because according to you, he takes no money from LFC. Let’s face it, I’m sure accounts have NEVER been fabricated before have they?!

      By sound of it, you think he’s whiter than snow and sun shines out of his arse.
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      Re: NESV/Fenway Sports Group: Owners of LFC
      Reply #27062: Feb 22, 2021 07:47:58 pm
      When Klopp got caught tapping him up in Blackpool!!

      Was it Blackpool ? I thought it was Southport and at a certain golf club frequented by many players  ;D
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      Re: NESV/Fenway Sports Group: Owners of LFC
      Reply #27063: Feb 22, 2021 07:50:32 pm
      Was it Blackpool ? I thought it was Southport and at a certain golf club frequented by many players  ;D

      Nah it was Blackpool, I don't even think Klopp is that dumb enough to do it that close to home. Part of the reason for the £75 mil price tag, we could of got him a bit cheaper, but once Southampton found out they increased price to £75 mil and stuck to it.
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      Re: NESV/Fenway Sports Group: Owners of LFC
      Reply #27064: Feb 22, 2021 07:51:28 pm
      Stop talking out of your arse will you? JWH personal wealth has shot up massively. So like I said, does his profit come only from Red Sox or NASCAR, because according to you, he takes no money from LFC. Let’s face it, I’m sure accounts have NEVER been fabricated before have they?!


      The accounts don’t get fabricated- they are audited and checked 🤦‍♂️ - is that really the basis of your opinion- the accounts have been doctored 🤦‍♂️


      As for his personal money - that’s nothing to do with his but a lot of his wealth is tied up in assets


      https://www.google.co.uk/amp/s/www.sportscasting.com/john-henrys-diverse-interests-create-a-net-worth-safety-net/%3famp
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      Re: NESV/Fenway Sports Group: Owners of LFC
      Reply #27065: Feb 22, 2021 07:52:46 pm
      Nah it was Blackpool, I don't even think Klopp is that dumb enough to do it that close to home. Part of the reason for the £75 mil price tag, we could of got him a bit cheaper, but once Southampton found out they increased price to £75 mil and stuck to it.


      Oh no doubt at all - if we followed the correct channels we would have got him for around £40-50mil in the summer I suspect but the increase was certainly down to the tapping up
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      Re: NESV/Fenway Sports Group: Owners of LFC
      Reply #27066: Feb 22, 2021 08:02:05 pm
      The club is self sufficient that’s not new and been the same for the past 10 years

      But they do contribute to the running of the club - it’s their club , they own it lock stock and barrel and they have Mike Gordon running it on a daily basis along with his team and all the people they employ to run the club.

      If you are purely looking for financial contribution from the owners - they provide loan facilities, credit lines and also money for the new training facilities.


      But an owners contribution to a club isn’t purely about how much money they can spend on players - unless you are a City or Chelsea fan


      Waffle.
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      Re: NESV/Fenway Sports Group: Owners of LFC
      Reply #27067: Feb 22, 2021 08:05:55 pm

      The accounts don’t get fabricated- they are audited and checked 🤦‍♂️ - is that really the basis of your opinion- the accounts have been doctored 🤦‍♂️


      As for his personal money - that’s nothing to do with his but a lot of his wealth is tied up in assets


      https://www.google.co.uk/amp/s/www.sportscasting.com/john-henrys-diverse-interests-create-a-net-worth-safety-net/%3famp

      No I’m not insinuating they are doctored, but to take anything at face value without question is f**king stupid.

      JWH and FSG (or NESV)saw a gilt edged opportunity to make a f**k load of money off the back of a sleeping footballing behemoth. That was their priority pure and simple. If success followed along the way, all the better for it, as revenues will increase further. Do you think this scenario I’ve just stated is pure fantasy, or actually, absolutely bang right on the money? Bare in mind we’re talking about billionaires. Billionaires do not think in the same way as your average punter. All they ever see is a way to make more money, even though there is no need for more.

      I acknowledge that a lot of good has come about during their tenure, first and foremost securing the safety of our great football club. Secondly, allowing us to have a one off manager like JK, who has brought us onfield glory once again. I don’t expect the club to do transfer Windows like the oil barons or oligarchs, but I expect more than the odd superstar now and again. JK asked for specific players and never got them. After what he’s achieved, that shouldn’t be the case...

      Disagree with me once again, I really don’t care. You can talk finances, net spend, non profit etc until you’re blue in the face, but in not buying it...

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      Re: NESV/Fenway Sports Group: Owners of LFC
      Reply #27068: Feb 22, 2021 08:14:39 pm
      No I’m not insinuating they are doctored, but to take anything at face value without question is f**king stupid.

      JWH and FSG (or NESV)saw a gilt edged opportunity to make a f**k load of money off the back of a sleeping footballing behemoth. That was their priority pure and simple. If success followed along the way, all the better for it, as revenues will increase further. Do you think this scenario I’ve just stated is pure fantasy, or actually, absolutely bang right on the money? Bare in mind we’re talking about billionaires. Billionaires do not think in the same way as your average punter. All they ever see is a way to make more money, even though there is no need for more.

      I acknowledge that a lot of good has come about during their tenure, first and foremost securing the safety of our great football club. Secondly, allowing us to have a one off manager like JK, who has brought us onfield glory once again. I don’t expect the club to do transfer Windows like the oil barons or oligarchs, but I expect more than the odd superstar now and again. JK asked for specific players and never got them. After what he’s achieved, that shouldn’t be the case...

      Disagree with me once again, I really don’t care. You can talk finances, net spend, non profit etc until you’re blue in the face, but in not buying it...

      The owners buy sports franchises and clubs to add to their portfolio, they then look to make those various sporting outlets successful both on and off the field whilst increasing their net worth


      They have achieved that first with Red Sox then their nascar and now with us


      They have currently not made money from owning us - the money they would earn would be on the day that they sell us or indeed any of their sports ventures

      You keep suggesting they are making money from us - can you provide the basis on how they are making money from us when they don’t take money out of the club ?

      And of course you won’t buy it because you don’t want to see the facts in front of you and instead want to think about some fantasy land


      If you ever want to get past all the paranoid nonsense about the owners and see the facts you might see they aren’t the devils people portray them as
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      Re: NESV/Fenway Sports Group: Owners of LFC
      Reply #27069: Feb 22, 2021 08:17:24 pm
      The owners buy sports franchises and clubs to add to their portfolio, they then look to make those various sporting outlets successful both on and off the field whilst increasing their net worth

       

      Should Lebron be considered a franchise then? ;)
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      Re: NESV/Fenway Sports Group: Owners of LFC
      Reply #27070: Feb 22, 2021 08:21:01 pm
      Should Lebron be considered a franchise then? ;)


      The way some of those us sports stars are marketing they might as well be

      Just need to look at what Nike do with both Jordan and Woods- money machines
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      Re: NESV/Fenway Sports Group: Owners of LFC
      Reply #27071: Feb 22, 2021 08:21:08 pm
      The owners buy sports franchises and clubs to add to their portfolio, they then look to make those various sporting outlets successful both on and off the field whilst increasing their net worth


      They have achieved that first with Red Sox then their nascar and now with us


      They have currently not made money from owning us - the money they would earn would be on the day that they sell us or indeed any of their sports ventures

      You keep suggesting they are making money from us - can you provide the basis on how they are making money from us when they don’t take money out of the club ?

      And of course you won’t buy it because you don’t want to see the facts in front of you and instead want to think about some fantasy land


      If you ever want to get past all the paranoid nonsense about the owners and see the facts you might see they aren’t the devils people portray them as

      The owners buy sports franchises and clubs to add to their portfolio, they then look to make those various sporting outlets successful both on and off the field whilst increasing their net worth


      They have achieved that first with Red Sox then their nascar and now with us


      They have currently not made money from owning us - the money they would earn would be on the day that they sell us or indeed any of their sports ventures

      You keep suggesting they are making money from us - can you provide the basis on how they are making money from us when they don’t take money out of the club ?

      And of course you won’t buy it because you don’t want to see the facts in front of you and instead want to think about some fantasy land


      If you ever want to get past all the paranoid nonsense about the owners and see the facts you might see they aren’t the devils people portray them as

      Just because you’ve quoted their account spreadsheet as fact, doesn’t actually mean it is.

      Devils no, astute business men whose sole desire is to make a much money as possible , yes.
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      Re: NESV/Fenway Sports Group: Owners of LFC
      Reply #27072: Feb 22, 2021 08:22:21 pm
      Just because you’ve quoted their account spreadsheet as fact, doesn’t actually mean it is.

      Devils no, astute business men whose sole desire is to make a much money as possible , yes.

      These are the facts of the finances of the club


      https://find-and-update.company-information.service.gov.uk/company/00035668/filing-history

      Enjoy
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      Re: NESV/Fenway Sports Group: Owners of LFC
      Reply #27073: Feb 22, 2021 08:29:50 pm
      Still curious as to how JWH and FSG have increased their worth, but somehow they don’t profit from LFC? Does their profit purely come from Boston Red Sox? From NASCAR?

      So they run LFC as a business model but make no profit? Bollocks if I ever heard it, regardless of what figures from a spreadsheet say...

      The value of their assets has increased.
      That means their personal worth has increased.

      That's why wealthy people buy assets that will increase in value instead of keeping their money in a bank.

      JH was an asset billionaire before he took over LFC.

      Mike Gordon is also an asset billionaire who bought 12% of the whole group, and runs LFC (JH concentrates on the Red Sox).

      So, as the value of LFC increases, their paper worth or asset worth increases.
      Same goes for their other assets.

      That worth will only be realised when they sell the club, but for now, on paper, as the owners, it increases their worth.
      This is inline with JH's trading strategy, which made his vast fortune, of finding undervalued assets and building them up over the long term.

      The accounts, prepared and signed off by KPMG show they don't take any money apart from loan repayments.
      If you think it's the same as the bloke who owns the cornershop, knocking out a spreadsheet every year for the taxman, you'd be wrong.

      So, to recap: Their assets (including LFC) have increased in value, which gives them a higher worth on paper.
      They won't make any profit until they sell the club, and don't take any money out of the club (apart from loan repayments, and even then the loan mostly rolls over, interest free).

      Now, you can debate the ethics, business practice or long term viability of buying a club for £300 million, increasing the value of it to $1.34 billion dollars (call it a billion quid), and then selling it (which they haven't done yet), but just gobbing off about them "nicking money" from something they own, is pretty wide of the mark.

      A million quid is pocket change to these blokes.
      They don't give a f**k about taking a few quid out.
      They're in it for the long haul, and success means they make more money when they eventually sell.

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      Re: NESV/Fenway Sports Group: Owners of LFC
      Reply #27074: Feb 22, 2021 08:30:47 pm

      Just waffle I’m afraid and doesn’t prove a thing. Not really any different to City falling foul of FFP regs and then magically not guilty of a breach.

      And of course you’ve read all of the hundreds of pages of accounts no doubt?

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