Convo from a supporter's group (on a another platform)

[Steveo]

It's a fucking nonsense to suggest that FSG and Henry aren't takin significant dividends out of the club and that's why we are about 14th in the net spend charts over Jurgen's time here

Off course it is total nonsense 19, but that doesn’t stop it happening mate.

[teesred]

It's a fucking nonsense to suggest that FSG and Henry aren't takin significant dividends out of the club and that's why we are about 14th in the net spend charts over Jurgen's time here

Yeah I don't understand that, whats the point in them being here otherwise. They're just running a business to break even, fucking no chance.

[Taksin]

This article explains it at a basic level. It’s dispassion- and is actually largely singing his praises BUT it is clear as Crystal that his wealth has increased off the charts AND inline with our own recent successes. How coincidental.

And this despite a global pandemic and all that fear around loss of earnings.

But we still have those who would leap to his defence.


https://www.mirror.co.uk/sport/footb...g-28196885.amp

Does it say anything about dividends?

Or is the author making the same elementary mistake as you?

And then, when a little accuracy is brought to bear on the subject, does he start accusing the other of being a shill, defending FSG, being a plant etc

Probably not - most people are actually interested in the truth

[Nineteenx]

Yeah I don't understand that, whats the point in them being here otherwise. They're just running a business to break even, fucking no chance.

Exactly

[CCTV]

This article explains it at a basic level. It’s dispassion- and is actually largely singing his praises BUT it is clear as Crystal that his wealth has increased off the charts AND inline with our own recent successes. How coincidental.

And this despite a global pandemic and all that fear around loss of earnings.

But we still have those who would leap to his defence.


https://www.mirror.co.uk/sport/footb...g-28196885.amp

His net worth will have increased as LFCs value increased, since he purchased the club.

Due to pandemic spending/printing-money his assets were going to inflate as a result.

I think it's quite reasonable to suggest we could have matched Chelsea&Spurs net spend since Klopp arrived.

No doubt he's able to access finance and increase his portfolio. Doesn't need to take a dividend. Though iirc there was a small dividend in recent times, more on behalf of smaller investors.

[Crimson Dynasty]

He is making an absolute fortune out of Liverpool FC and the Boston Red Sox.

He will make another fortune on top of that when he decides to sell up too.

Yes but most of that fortune is coming from the Boston Red Sox (and his other investments) and not from Liverpool.
SIGNIFICANTLY more.

The Red Sox are a bigger revenue stream to FSG than LFC is.

Professional baseball (just as with other American sports) operate on a vastly different economic scale than Premier League clubs and indeed European Football does - largely on account of just how much more control they have over their own revenue streams (broadcasting rights, marketing and endorsement deals, franchising deals etc) than football clubs are allowed or able to.

This has been explained to you many times before and yet you constantly choose to keep ignoring it.

Henry could sell Liverpool FC tomorrow and it wouldn't make a dent on his estimated worth - and if anything it would go up on account of the likely good price he would get from it, and the almost certainly 10 to 15X profit he stands to make from having increased its value since he bought it.

It doesn't account for the vast portion of his wealth or his revenue streams.
His American sports and business interests do.

When they bought the club, the idea was to set it up to be as largely self-sufficient as possible in terms of generating revenue and operating within its own means rather than going the Abramovich 'loan your club £1 billion' route, or the Oil baron oligarch expensive 'plaything' method.
Yes, ostensibly that makes LFC a more attractive (and thus more valuable) potential asset for any prospective buyer in the future should FSG decide to sell up, but would you rather we be a club in dire financial straits and mountains of debt when that day eventually comes (as some of rivals are almost certain to find themselves when their current owners sell up)?

There's a cost to deciding to run your club as a responsible and self-providing entity that lives within their own means, and mostly it means we can't always afford to compete in the transfer market at the same scale that some of our rivals do.

And all of you who want FSG to sell up and get out, who do you have in mind to sell it to that would run it any different and wouldn't put the club in debt, nor have questionable financial resources but that would still allow us to buy the £200 Million Mbappe's and the £100 Million Rice's and the £180 Million Bellingham's?

Nobody ever bothers answering that question.

Okay FSG out, but who "in"?
Any Emiratis you have in mind?
Who also just happen to be "life-long Liverpool fans" and are only interested in seeing that we're run as a responsible club (financially and morally)?

[Crimson Dynasty]

Yeah I don't understand that, whats the point in them being here otherwise. They're just running a business to break even, fucking no chance.

They bought the club for something like 300 Million.
It's now worth about 4.45 billion.

Put two and two together on that one.

They don't have to be taking dividends for their being here to have a point or a rationale.

[Steveo]

Yes but most of that fortune is coming from the Boston Red Sox (and his other investments) and not from Liverpool.
SIGNIFICANTLY more.

The Red Sox are a bigger revenue stream to FSG than LFC is.

Professional baseball (just as with other American sports) operate on a vastly different economic scale than Premier League clubs and indeed European Football does - largely on account of just how much more control they have over their own revenue streams (broadcasting rights, marketing and endorsement deals, franchising deals etc) than football clubs are allowed or able to.

This has been explained to you many times before and yet you constantly choose to keep ignoring it.

Henry could sell Liverpool FC tomorrow and it wouldn't make a dent on his estimated worth - and if anything it would go up on account of the likely good price he would get from it, and the almost certainly 10 to 15X profit he stands to make from having increased its value since he bought it.

It doesn't account for the vast portion of his wealth or his revenue streams.
His American sports and business interests do.

When they bought the club, the idea was to set it up to be as largely self-sufficient as possible in terms of generating revenue and operating within its own means rather than going the Abramovich 'loan your club £1 billion' route, or the Oil baron oligarch expensive 'plaything' method.
Yes, ostensibly that makes LFC a more attractive (and thus more valuable) potential asset for any prospective buyer in the future should FSG decide to sell up, but would you rather we be a club in dire financial straits and mountains of debt when that day eventually comes (as some of rivals are almost certain to find themselves when their current owners sell up)?

There's a cost to deciding to run your club as a responsible and self-providing entity that lives within their own means, and mostly it means we can't always afford to compete in the transfer market at the same scale that some of our rivals do.

And all of you who want FSG to sell up and get out, who do you have in mind to sell it to that would run it any different and wouldn't put the club in debt, nor have questionable financial resources but that would still allow us to buy the £200 Million Mbappe's and the £100 Million Rice's and the £180 Million Bellingham's?

Nobody ever bothers answering that question.

Okay FSG out, but who "in"?
Any Emiratis you have in mind?
Who also just happen to be "life-long Liverpool fans" and are only interested in seeing that we're run as a responsible club (financially and morally)?

This isn’t completely true, he makes a vast sum from his US franchises YES , as the closed nature of the leagues ensures, (that’s why he was instrumental in the ESL… to do the same here) but his wealth has skyrocketed PRECISELY inline with our own club value: this cannot be denied or refuted, it is a matter of fact. The fact that some want to try doesn’t make it so.

Even if Henry hasn’t pocketed cash, a single dime, his ability to use our increase in wealth Absolutely has afforded him and FSG the ability to buy further franchises.

If you or others struggle as to how this has impacted our own ability to back the best manager on the planet, then I cannot help.

And lastly - I haven’t asked for FSG to go, because I recognise the fact that we would likely draw in worse. I DO NOT want a gulf petrodollar owner any more than you do. No thanks, no way! Just want FSG to do the best they can to provide a platform for success NOT to create a perfectly sustainable club. Bournemouth, Brighton and Southampton will likely do that all across the south coast!

[Steveo]

They bought the club for something like 300 Million.
It's now worth about 4.45 billion.

Put two and two together on that one.

They don't have to be taking dividends for their being here to have a point or a rationale.

This is correct ONLY if we don’t consider their continued expansion.

You cannot talk about one without the other.

Sid mentioned a property comparison. That is precisely what I always called it. Buy to let, then sell investment. We demand better.

[CCTV]

They bought the club for something like 300 Million.
It's now worth about 4.45 billion.

Put two and two together on that one.

They don't have to be taking dividends for their being here to have a point or a rationale.

LFC is worth more now, and it seems our annual revenue strean is above theirs also.
Going forward LFC should grow well beyond the Redsox.