Liverpool Football Corporation: The Business of LFC

say what??!!

 

FSG have sold 10% to RedBird Capital SPAC for $750m which means LFC and the Red Sox in tandem are worth $7.5bn!

RedBird were founded by Gerry Cardinale and Billy Beane.

 

Maybe they'll give Jurgen some cash this summer.

 

I see United have borrowed £60m to offset some of the Covid losses. Say what you will about FSG, they do seem to have the ship sailing smoothly enough financially to weather this storm.

Yup, on field is a clusterf.uck these days, but financially we are light years ahead of the H&G days. I wonder now that Covid *seems* to be ending with this worldwide vaccination program, if next season we’ll be as well positioned as any to take advantage? Still, I’d prefer to be in our financial position rather than United’s.

 

let's hope FIFA changes the rules so we're allowed to buy a goal or two each game ....

 

Quite a lot of other assets in there, but, yes, a crazy valuation.
The Red Sox are probably worth $2B and we're about that. They also have Roush Racing, NESN, and FSG Marketing.
And despite all this, they are clinically underinvesting in both the Red Sox and Liverpool. While I appreciate financial discipline, it feels like they've gone over the tipping point and are willing to defer maintenance on both assets and it could lead to more problems in the medium-to-long-term.

 

Especially when one remembers the dark days of Hicks & Gillette, when he club was paying upwards of £40 million in interest payments alone. Interest on a debt taken on not to invest in but to buy the club— just let they sink in.

 

Liverpool might follow in the footsteps of Manchester United in attempting to become a publicly listed company, says football finance expert Kieran Maguire.

 

When you sell 10% to a listed SPAC, you become a public enterprise. I don't see them spinning off Liverpool separately out of FSG, though.

 

It does establish a public market valuation, and an equity carve out can be the first step to an IPO, so its an interesting situation.

 

Lebron stepping up his investment in FSG and is now listed as a "Partner."
He owns 2% of Liverpool already and has made further investments into their parent company, FSG.

 

He just wants some respect.

 

it's happening!!

 

absolutely. LeBron will make a hell of a striker for PSG!!

 

very interesting ...

https://www.mirror.co.uk/sport/football/news/inside-liverpools-new-550m-investors-23801976

Inside Liverpool's new £550m investor's plans: TV rights, Kylian Mbappe and multi-club portfolio
Gerry Cardinale’s Redbird Capital Partners have recently agreed to pay more than £550m for what is believed to be an 11 per cent stake in Liverpool owners Fenway Sports Group - so what are his plans for the Reds?

 

RedBird Capital Partners has bought a stake in Fenway Sports Group for about $735m (£533m), Liverpool’s owners have confirmed.

FSG has been in negotiations with RedBird, a private investment firm, for several months as it sought investment to cushion the financial impact of the pandemic, which is understood to have cost Liverpool £120m in lost revenue over the past year. That figure is set to increase and the deal with RedBird, which will become the third-biggest partner in FSG, will enable Liverpool to continue with plans to redevelop the Anfield Road stand and invest in player recruitment at pre-pandemic levels.

https://www.theguardian.com/footbal...rs-confirm-735m-redbird-deal-for-stake-in-fsg

 

this is a good overview of what the RedBird investment will / won't mean to LFC and the Red Sox (from a sporting viewpoint vs the financial mechanics of the deal).

https://www.independent.co.uk/sport...-investment-fsg-transfer-window-b1825919.html

 

Suck on that G+H

 

The Reds published their financial statements for the year ending May 2020 on Tuesday and here's how they compare with the other 'Big Six'
Liverpool hold £455m advantage over Man United but Chelsea, Man City closing gap - Liverpool Echo

 

US magazine Forbes, which recently published its famous rundown of the world's richest people, has put together a list of the 50 most valuable sporting franchises across the world, from football to baseball, American football to basketball.

For Liverpool owners Fenway Sports Group, two of the teams in their stable make the top 20.

With a value of £2.93bn ($4.1bn), Liverpool rank as the 12th most valuable team in world sport, a rise of 165 per cent in the past five years thanks to the successes in the Champions League and Premier League and ability to leverage that success into commercial opportunities.

https://www.liverpoolecho.co.uk/sport/football/football-news/fsg-given-liverpool-18bn-boost-20554315