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      NESV/Fenway Sports Group: Owners of LFC

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      stuey
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      Re: NESV/Fenway Sports Group: Owners of LFC
      Reply #24426: Jul 30, 2018 05:19:21 pm
      Were you or are you genuinely expecting them to?

      How many club owners do? Please research it and let me know

      Citeh owners, Glazer Snr the previous Man u owner, Abramovic to name a few
      Kopite78
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      Re: NESV/Fenway Sports Group: Owners of LFC
      Reply #24427: Jul 30, 2018 05:22:45 pm
      Citeh owners, Glazer Snr the previous Man u owner, Abramovic to name a few

      So oil rich owners... That's your yardstick?

      I thought Glazer had essentially laid debt on utd?
      shabbadoo
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      Re: NESV/Fenway Sports Group: Owners of LFC
      Reply #24428: Jul 30, 2018 05:23:33 pm
      Why should they abandon a very viable, self-funding asset guaranteed to increase in value year on year with no financial input needed.


      A self funding viable asset that guarantees increase in value with no financial input needed is what FSG have made the club into..

      What's wrong with this model?..

      waltonl4
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      Re: NESV/Fenway Sports Group: Owners of LFC
      Reply #24429: Jul 30, 2018 05:25:25 pm
      some people may get a shock to know that most businesses survive on borrowing not on what comes through the tills.
      Why should they spend their own money....because its their club they own it.
      We have been starved of the correct level of investment to make us competitive again only since Jürgen came in have we sustained  level of performance but even that has slipped through lack of quality and depth in their team.
      Whilst all this is going on the value of the club has gone from less than £300 mil to £1.4 billion who will get to keep the profit when they sell up?.
      waltonl4
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      Re: NESV/Fenway Sports Group: Owners of LFC
      Reply #24430: Jul 30, 2018 05:27:05 pm
      A self funding viable asset that guarantees increase in value with no financial input needed is what FSG have made the club into..

      What's wrong with this model?..



      if your John Henry and his mates nothing if your a club with ambition to succeed at the very highest level... everything especially when your rivals don't share that same ideology.
      stuey
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      Re: NESV/Fenway Sports Group: Owners of LFC
      Reply #24431: Jul 30, 2018 05:34:47 pm
      Catching up on the last few pages has given me a big chuckle, so not a bad start to the week. But why is FSG not spending their own money on the team a bad thing? Not sure why we'd want to have transfer fees, wages, etc beyond what the team can pay for and needing external funding to maintain operations. That does not strike me as a good position to be in  ???

      Having owners that are confident, seriously confident in the knowledge that their asset is buoyant enough to repay any funds invested is essential.
      Essential for the ultimate success of the asset and the bank balance of the owner.

      That confidence is none existent as our owners are happy creaming LFC and taking a quick profit.
      waltonl4
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      Re: NESV/Fenway Sports Group: Owners of LFC
      Reply #24432: Jul 30, 2018 05:42:26 pm
      The ultimate crime will be they will sell and at this rate pocket close to a £billion and that is money the club will never see, money which could have been used to build the club into a winning machine
      Kopite78
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      Re: NESV/Fenway Sports Group: Owners of LFC
      Reply #24433: Jul 30, 2018 05:42:41 pm

      That confidence is none existent as our owners are happy creaming LFC and taking a quick profit.

      For a bloke who was 60 when he brought the club.. is now 68 having owned the club for 8 years in not sure how he deem that a quick profit 🤷‍♂️
      CT_LFC
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      Re: NESV/Fenway Sports Group: Owners of LFC
      Reply #24434: Jul 30, 2018 06:01:14 pm
      The ultimate crime will be they will sell and at this rate pocket close to a £billion and that is money the club will never see, money which could have been used to build the club into a winning machine

      How much of a club's worth should be used on the club itself?
      stuey
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      Re: NESV/Fenway Sports Group: Owners of LFC
      Reply #24435: Jul 30, 2018 06:07:14 pm
      A self funding viable asset that guarantees increase in value with no financial input needed is what FSG have made the club into..

      What's wrong with this model?..


      The successful model that is LFC existed before H&G fu**ed it up and brought the club to the brink of bankruptcy, LFC was always capable of self-perpetuity in a financial sense, to say FSG are the creators or are responsible for LFC's status or reputation is very naive.

      Kopite78
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      Re: NESV/Fenway Sports Group: Owners of LFC
      Reply #24436: Jul 30, 2018 06:12:02 pm
      The successful model that is LFC existed before H&G fu**ed it up and brought the club to the brink of bankruptcy, LFC was always capable of self-perpetuity in a financial sense, to say FSG are the creators or are responsible for LFC's status or reputation is very naive.

      Literally no one is saying that though

      CT_LFC
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      Re: NESV/Fenway Sports Group: Owners of LFC
      Reply #24437: Jul 30, 2018 06:12:06 pm
      The successful model that is LFC existed before H&G fu**ed it up and brought the club to the brink of bankruptcy, LFC was always capable of self-perpetuity in a financial sense, to say FSG are the creators or are responsible for LFC's status or reputation is very naive.

      Not the creators, but they are responsible for their current status given how H&G fu**ed it up. They are the ones that came in and cleaned up the mess, no?
      stuey
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      Re: NESV/Fenway Sports Group: Owners of LFC
      Reply #24438: Jul 30, 2018 06:12:20 pm
      For a bloke who was 60 when he brought the club.. is now 68 having owned the club for 8 years in not sure how he deem that a quick profit 🤷‍♂️

      Reference previous owners and their time at the club. 8 years is not a viable comparison.
      What has one man's age got to do with anything?
      FL Red
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      Re: NESV/Fenway Sports Group: Owners of LFC
      Reply #24439: Jul 30, 2018 06:14:50 pm
      The successful model that is LFC existed before H&G fu**ed it up and brought the club to the brink of bankruptcy, LFC was always capable of self-perpetuity in a financial sense, to say FSG are the creators or are responsible for LFC's status or reputation is very naive.



      So they’ve brought us back to where we used to be and that’s a strike against them? I’m confused now. I have no love for a bunch of rich Boston businessmen, but I’m trying to understand what exactly your particular beef is with them? You don’t care about the shady sponsorships (or don’t understand them) and you seem to infer that FSG didn’t reinvent the model the club is currently run under, that it was put in place long ago before H&G effed it up....so what is FSG’s main problem now that we seem to be running as a self sufficient entity that doesn’t need to laden itself with huge financial burdens or run afoul of FFP?
      Kopite78
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      Re: NESV/Fenway Sports Group: Owners of LFC
      Reply #24440: Jul 30, 2018 06:16:02 pm
      Reference previous owners and their time at the club. 8 years is not a viable comparison.
      What has one man's age got to do with anything?

      Because you're saying they brought for a quick profit

      How is 8 years a quick profit? If they wanted a quick profit they would have turned around say 100m in a year or 18 months

      Near on a decade for a man nearly 70 doesn't seem like short term thinking of turning  a quick profit


      As I've said in the past stuey I'm not the owners biggest fan by a long long stretch but your obsessive ramblings make no sense
      stuey
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      Re: NESV/Fenway Sports Group: Owners of LFC
      Reply #24441: Jul 30, 2018 06:27:50 pm
      Not the creators, but they are responsible for their current status given how H&G fu**ed it up. They are the ones that came in and cleaned up the mess, no?

      Right, so £260m sorted the debt and then the club was once again viable, H&G's conduct was literally criminal and they brought a very profitable concern to it's knees, no miracles or undying appreciation needed for a very astute piece of business.
      stuey
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      Re: NESV/Fenway Sports Group: Owners of LFC
      Reply #24442: Jul 30, 2018 06:32:41 pm
      Because you're saying they brought for a quick profit

      How is 8 years a quick profit? If they wanted a quick profit they would have turned around say 100m in a year or 18 months

      Near on a decade for a man nearly 70 doesn't seem like short term thinking of turning  a quick profit


      As I've said in the past stuey I'm not the owners biggest fan by a long long stretch but your obsessive ramblings make no sense

      How is anything obsessive?
      The definition of obsessive does not match stated facts consistently pointed out.
      Kopite78
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      Re: NESV/Fenway Sports Group: Owners of LFC
      Reply #24443: Jul 30, 2018 06:40:01 pm

      Because you post the same stuff constantly for the past 8 years? 🤷‍♂️
      CT_LFC
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      Re: NESV/Fenway Sports Group: Owners of LFC
      Reply #24444: Jul 30, 2018 06:47:54 pm
      Right, so £260m sorted the debt and then the club was once again viable, H&G's conduct was literally criminal and they brought a very profitable concern to it's knees, no miracles or undying appreciation needed for a very astute piece of business.

      and what would have happened if they (FSG or anyone else) hadn't done that?....
      Kopite78
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      Re: NESV/Fenway Sports Group: Owners of LFC
      Reply #24445: Jul 30, 2018 06:49:25 pm
      and what would have happened if they (FSG or anyone else) hadn't done that?....

      Someone would have

      Too good an opportunity to turn down
      CT_LFC
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      Re: NESV/Fenway Sports Group: Owners of LFC
      Reply #24446: Jul 30, 2018 06:51:15 pm
      Someone would have

      Too good an opportunity to turn down

      How many buyers were there, both interested and meeting financial requirements, at the time FSG took over? Honest question.
      Kopite78
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      Re: NESV/Fenway Sports Group: Owners of LFC
      Reply #24447: Jul 30, 2018 06:57:01 pm
      How many buyers were there, both interested and meeting financial requirements, at the time FSG took over? Honest question.

      Nothing really came out into public knowledge but there were other interested parties but NESV (at the time) were Martin Broughton and Christian Purslows preferred bidders and were the ones pushed to complete

      There would always be interested parties in one of the biggest and most famous clubs in world football, not 5 years since European champions .. with the English game on the upcurve in financial terms.. the tv and marketing deals going up and up and up and all they would be paying is the cost of the debt

      It's naive to think there weren't far more interested parties.. Like I say NESV were Broughton and Purslows preferred bidders
      stuey
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      Re: NESV/Fenway Sports Group: Owners of LFC
      Reply #24448: Jul 30, 2018 07:50:52 pm
      Because you post the same stuff constantly for the past 8 years? 🤷‍♂️

      Wrong.
      Check it out.
      I was as made up as anyone on the forum when FSG took over but the years of disappointment kicked in and lead to a sense of cynicism which is taking some time to dispel.

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