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      NESV/Fenway Sports Group: Owners of LFC

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      waltonl4
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      Re: NESV/Fenway Sports Group: Owners of LFC
      Reply #31533: Sep 04, 2022 04:30:24 pm
      the added conundrum is borrowing has been the cheapest its ever been for the past decade or more so if it meant the CLUB LFC needed to borrow money to get the right player then so be it this is how businesses survive on borrowing to suggest any borrowing could endanger the club is farcical most if not all people have some sort of finance in their lives Mortgages, bank loans, Credit cards etc its almost a Victorian concept to live within your means it protects their investment but starves the squad of better players. Having seen just what Ali and Virgil did to the squad when they came what is the problem.
      tezmac
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      Re: NESV/Fenway Sports Group: Owners of LFC
      Reply #31534: Sep 04, 2022 05:15:53 pm
      The problem is they dont want to spend there money. No risk to them just skim off the profits. Feed off the fatted calf
      Lallana in Pyjamas
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      Re: NESV/Fenway Sports Group: Owners of LFC
      Reply #31535: Sep 04, 2022 05:22:36 pm
      But one of the arguments for the FSG supporters is that the club will only ever spend what it makes, which is fine, it keeps the club secure, but surely weā€™ve generated enough money over the past 5 or 6 seasons with all of our success that we donā€™t need to continue with a sell to buy policy? The money should be there. And if itā€™s not, where is it?

      If thereā€™s no money in the pot, then isnā€™t that poor running of the club? If there is nothing there then that means weā€™re relying/gambling on securing top four every season and reaching the latter stages of the competition which we consistently do.

      The accounts are clear , club lost a significant amount of commercial revenue during Covid - maybe up to the tune of Ā£120mil so that needs to be cleared back.


      There is also a significant high wage bill that needs paying

      Quote
      Another argument from FSG supporters for why we donā€™t sign players is that we will continue to wait to land a certain player, the latest one being Jude Bellingham. Why couldnā€™t we sign him now? If thatā€™s who klopp desperately wants why donā€™t we support him and go and get him? People can say all they want dortmund wouldnā€™t sell but thatā€™s rubbish. If we turned up with the money then weā€™d get him. It happens everywhere. Every player has a price.


      You canā€™t force clubs to sell - Dortmund have just sold one star this year and there is no doubt they arenā€™t going to sell another - you can call it rubbish but Dortmund have shown they are happy to keep a player until they sell on their terms

      Quote
      What if we donā€™t even get him? And weā€™ve potentially wrote this season off...for what? And is Jude Bellingham the only midfielder in the world who can improve our midfield? Thiago aside, itā€™s not as if weā€™ve had world class midfielders during Klopps time here. Weā€™ve had hard working professionals in there who do a job. So is that not poor running of the club that we never look at any other players but instead become obsessed with one target who we might not even sign anyway?


      The recruitment team will have a plan ,surely we can trust them now , and if they are waiting until next summer for the player then itā€™s going to be for a good reason , itā€™s not just so that people can complain about players not arriving


      And the midfield we have had are all players Klopp has signed apart from Henderson - he brought in the others
      Lallana in Pyjamas
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      Re: NESV/Fenway Sports Group: Owners of LFC
      Reply #31536: Sep 04, 2022 05:26:05 pm
      The problem is they dont want to spend there money. No risk to them just skim off the profits. Feed off the fatted calf


      ā€œSkim off the profitsā€


      Itā€™s that sort of false bollocks that adds nothing
      ruthcity
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      Re: NESV/Fenway Sports Group: Owners of LFC
      Reply #31537: Sep 04, 2022 05:41:21 pm
      The problem is they dont want to spend there money. No risk to them just skim off the profits. Feed off the fatted calf

      Itā€™s not wrong to run the club like that. The problem is we cannot keep up with the oil sheiks and oligarchs who consistently spend money like crazy. While spending huge amounts cannot guarantee success, we have also proven that our model can keep up as well, albeit more difficult.

      If I were a shareholder in a fan owned club, because we know better which players should be coming in, and thereā€™s pressure on me to pour in funds constantly, I wouldnā€™t last a very long time since I will deffo go bankrupt in no time as the financial commitment to keep spending takes its toll.

      We have put money into some players but maybe not enough to satisfy some fans.

      Thereā€™s only one solution - our owner must have the appetite to spend big on every window. But we do not have such an owner. Nor do we have any power to change the status quo. Therefore we will keep posting our opinions on these boards. And hopefully something will change.
      Lallana in Pyjamas
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      Re: NESV/Fenway Sports Group: Owners of LFC
      Reply #31538: Sep 04, 2022 07:28:46 pm




      Yep, me too, Iā€™m struggling to see how we would end up Ā£400m in debt when we are currently debt free, and profits taken when FSG decide to go, go with them ?


      The fact is, IF JĆ¼rgen WANTED IN a new midfielder this summer he knows he DOESā€™NT have to go to FSG with his begging bowl, the funds would be made available, now we can all argue until weā€™re blue in the face whether thatā€™s the correct way to conduct business for transfers or not, itā€™s how it is and JĆ¼rgen seems happy enough with it, heā€™s certainly no Conte at Spuds throwing his toys around is he ?

      It certainly looks from the outside that FSG are as tight as a Goldfishes poop chute, and obviously a lot of us do too, the exact opposite of the oily lot, and we are DEBT FREE, Totally, so itā€™s a fine balancing act weā€™re talking about where the ā€˜Amountā€™ we spend or donā€™t on transferā€™s?

      Personally I donā€™t think JĆ¼rgen seen the current injury worries about to happen, otherwise he would have acted sooner, and perhaps brought in a player who was a better fit than Arthur, we all know new signings have to be the right signing or they donā€™t happen, Arthur Melo is probably the closest we could get at such a late stage,

      Said this all before, be careful what you wish for, Iā€™d much rather have this model of ownership rather than that of the Glazerā€™s thatā€™s for sure, as for the oliy lot, no thanks, I want my club to build teams thru sheer hard graft and working together as one, and not buy our successes, fraudulently or otherwise,


      Our clubā€™s history tell us and everyone else itā€™s not a bad model to follow, and but for the oily lot and other oligarchs we would have had many more titles & tin to back it up, weā€™ve already seen the back of one tyrannical Zillionaire in Abramovic disappear into obscurity, but he was suckin Putinā€™s boaby so not bothered one iota, heā€™s not missed as much as some Ukrainian families are !!

      I guess this particular debate will rumble on and on and on, Iā€™m guessing for the most part that itā€™s a clash of footballing cultures, with the old school fuckers like your truly wanting traditional values, and the more modern ā€˜football managerā€™ fans want immediate success and who gives a f**k what we spend !!



                                                                                    Y  N  W  A


      Donā€™t think there is any realistic explanation for what he was suggesting


      The rest of your is superb 👏
      tezmac
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      Re: NESV/Fenway Sports Group: Owners of LFC
      Reply #31539: Sep 04, 2022 07:30:04 pm

      ā€œSkim off the profitsā€


      Itā€™s that sort of false bollocks that adds nothing

      Are you on some kind or retainer from FSG
      Lallana in Pyjamas
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      Re: NESV/Fenway Sports Group: Owners of LFC
      Reply #31540: Sep 04, 2022 07:34:21 pm
      Are you on some kind or retainer from FSG

      Nope


      Any chance you can provide some substance or proof of these ā€œskimming the profitsā€
      tezmac
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      Re: NESV/Fenway Sports Group: Owners of LFC
      Reply #31541: Sep 04, 2022 07:39:52 pm
      Well if I was able to look at the books can you prove they are not doing this ?
      Lallana in Pyjamas
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      Re: NESV/Fenway Sports Group: Owners of LFC
      Reply #31542: Sep 04, 2022 07:41:05 pm
      Well if I was able to look at the books can you prove they are not doing this ?

      The accounts are public

      🤷ā€ā™‚ļø


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


      tezmac
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      Re: NESV/Fenway Sports Group: Owners of LFC
      Reply #31543: Sep 04, 2022 07:43:22 pm
      Accounts can be manipulated
      Lallana in Pyjamas
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      Re: NESV/Fenway Sports Group: Owners of LFC
      Reply #31544: Sep 04, 2022 07:44:25 pm

      Is that your answer ? That the owners are not only skimming the profits they are also committing corporate fraud by submitting falsified accounts

      🤷ā€ā™‚ļø
      tezmac
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      Re: NESV/Fenway Sports Group: Owners of LFC
      Reply #31545: Sep 04, 2022 07:45:28 pm
      We had a couple of owners not long ago who where doing that. Short memories some people
      « Last Edit: Sep 04, 2022 07:53:42 pm by tezmac »
      Lallana in Pyjamas
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      Re: NESV/Fenway Sports Group: Owners of LFC
      Reply #31546: Sep 04, 2022 07:55:11 pm
      We had a couple of owners not long ago who where doing that

      Did we ?

      Hicks and Gillette were awful . they didnā€™t falsify accounts - they just loaned out the money to buy the club and put that debt on the club and then struggled with the payments 🤷ā€ā™‚ļø


      Surely if you are going to keep throwing accusations around at least provide proof

      Yes they donā€™t use their personal money to buy players and they have made some poor choices over the years but they have been very clear about the accounts and how the club club is funded


      To even try and compare them to the previous owners shows either a complete lack of understanding or someone who is just a bit thick . The only comparison is their Nationality
      tezmac
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      Re: NESV/Fenway Sports Group: Owners of LFC
      Reply #31547: Sep 04, 2022 07:56:23 pm
      Pull your nose out of JHā€™s arse
      higgy_sham
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      Re: NESV/Fenway Sports Group: Owners of LFC
      Reply #31548: Sep 04, 2022 07:58:47 pm
      We had a couple of owners not long ago who where doing that. Short memories some people

      Hmm. Your memory mustn't be great yourself. Hicks and Gillette, cu*ts that they were, didn't declare false accounts.

      Just get back to your one word posts about the owners 'skinflints'.

      As the more you waffle on it shows how little you actually know.
      Lallana in Pyjamas
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      Re: NESV/Fenway Sports Group: Owners of LFC
      Reply #31549: Sep 04, 2022 08:00:41 pm
      Pull your nose out of JHā€™s arse

      Iā€™m guessing youā€™re just a bit thick then
      tezmac
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      Re: NESV/Fenway Sports Group: Owners of LFC
      Reply #31550: Sep 04, 2022 08:01:29 pm
      Well we will see how the skinflints invest as our squad age and our rivals disappear into the distance
      tezmac
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      Re: NESV/Fenway Sports Group: Owners of LFC
      Reply #31551: Sep 04, 2022 08:02:13 pm
      The only reason why we have bought decent players is when we have sold
      Newdawn
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      Re: NESV/Fenway Sports Group: Owners of LFC
      Reply #31552: Sep 04, 2022 08:02:37 pm
      Iā€™m guessing youā€™re just a bit thick then

      He's clever enough to know you've got your schnozzer firmly between JH's cheeks
      Lallana in Pyjamas
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      Re: NESV/Fenway Sports Group: Owners of LFC
      Reply #31553: Sep 04, 2022 08:02:52 pm
      The only reason why we have had decent players is when we have sold

      Who did we sell when we bought Diaz
      tezmac
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      Re: NESV/Fenway Sports Group: Owners of LFC
      Reply #31554: Sep 04, 2022 08:13:24 pm
      I think I have read in here that FSG have on average invested 28 million a season, minuscule compared to how much the clubs worth has increased so they are not putting in any money that has a risk to it. Thank god we have Klopp otherwise we would be a mid table team
      tezmac
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      Re: NESV/Fenway Sports Group: Owners of LFC
      Reply #31555: Sep 04, 2022 08:16:49 pm
      I wonder how many posters will be confident in FSGā€™s running of the club when and if Klopp leaves

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