They have been asking 880m, Parry was in Dubai 'chatting' to people there. they have been hovering around 650m, truth is that the club is worth about 330-350m tops. Anyone who comes in is taking the hit on the stadium the way the paperwork is written so it's not going to be cheap to buy. FSG have cleaned a lot of money through the club. they didn't put in nearly as much as you think and have gotten out more so far, than they put in. They have overvalued the club and it's not easy for them to pitch it.
In which case it only comes down to how much profit they think is enough? In % terms, it sounds like they should get a very good return even if they sold at whatever the market is already offering?
It was 5 years ago today that FSG took over. While we are on much firmer footing financially, we have yet to come close to our achievements sporting wise under H&G. Here is to the future and the hope that Klopp can win us a couple pots in the next few years.
What did we achieve on the field under H&G? A CL Final and 2nd place? Considering we'd won 5 or 6 things in 5 or so years preceding that, barely a maintaining of the status quo.
eh H&G started to sink the ship and if city and their sugar daddy had been around back then i doubt we would have made as many champsleagues. I cant believe you give them any credit
The market thinks 330-400million is reasonable and they think it is double that. The market is right.
And that's with money almost free to borrow today for big hitters. They either sell at that price or hang on and hope the stadium additions and on field success raises the price.
Not necessarily, they knew that nobody would be interested if the stadium wasn't started; it was too daunting a task financially, and given the history of uncertainty with planning permissions and the relatively poor relationship with the very Blue council leaders, it only made sense to get it started and have someone buy it once it was started. It's less about selling it (then you have to recoup costs on building or the loans associated with it), once it's finished and more about enticing people to see the vision of where it is going.
Right - but they could finally be in a good spot - world class manager and stadium development underway. They won't get double - but they may get that premium they are looking for.
I ran some valuations through this model that was developed a couple years ago. http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2238265 Assuming I did it correctly, current revenues/assets etc, put a value on the order of 370M. Adding new TV money and increase in asset value from new MS, increases value to 440M or so. Using that model, its tough to see exactly how value of club increases significantly to north of 700M they are hoping to get.
So the question is: who would buy, should they take a rather decent profit and sell around £450 million, or hang on and hope for future growth. To me the question is who would buy? They bought in at the rock bottom price and have done well in seeing the valuation rise. But buying at £450 million doesn't give the prospect of massive future growth to a new buyer. So it would have to be an act of love, or ego, it would seem to me.
I'd love it but here are two questions. 1) Could a fan owned team reasonably get the kind of cash needed to compete with City, Chelski, and Manure? 2) If not is that preferable to a Sheik or Oligarch? One model would be the Green Bay Packers in gridiron. They sell shares but the shares can not be resold on the open market. When you buy a share essentially all you get is a certificate and the knowledge that you are helping your team. Seems to work for them, guessing with Liverpool's world wide support something similar might work. Of course they are also helped by having complete revenue sharing and a salary cap.
its pointless using your country as a template if you are shyte you get rewarded with the best college players next season. when it comes to sports britain adopts american capitalism and america adopts socialism
bayern have a monopoly in germany and im sure they have control of certain media rights, they have conquered a country whos league has lots of socialist rules, their business model wouldnt work in england.
You are confusing "ownership" model with "business" model. The current business model at LFC is to reinvest the revenues generated by the club. That wouldn't change with a different ownership model. Short of becoming a toy for a sheik, that's the business model we are going to have. Might as well have the fans in control of the club as they have the greatest stake in its success.
I'm all for fan ownership. If someone like the Sheikh who bought City came in and bought the club, I'd be finished with it. I wouldn't be able to get past the human rights abuses.
You can't use them as an example mate, the top two clubs take the lions share of the revenues and create a pretty uneven league.