The other thing is... that the more season tickets (and people who can afford a whole season) there are, the fewer kids (who can only afford a few games a season) can get to the match.
Also, farming out tickets stops the natural churn and unlimited numbers of season tickets are both a bad thing for new blood, enthusiasm and the atmosphere that comes with it.
Quite reasonable points.
This is about supply, and demand.
The Club, by design and default, have been able to take the cheap option for a quarter of a century of charging more and more for existing seats as demand, driven by population and PL popularity, more than our signal success, has increased.
FSG want to maximise stadium income, that means ideally a full stadium for games against Bournemouth and Palace as much as those against Chelsea and Dortmund. Seth Klarman sleeps easy.
Constantly full stadia are a PL phenomena. When attendances boomed post War and post 66, capacity reflected demand for the biggest games, not the smallest.
You are right to argue, as you have elsewhere, that a 60k capacity feels optimum for FSG at the moment. The limitations of redevelopment mean that is where it will stay anyway. LFC, and the PL, is awash with cash in a low interest rate era. History will rightly judge the club harshly for failing to look to the next fifty years rather than paying homage to:Margin of Safety: Risk-Averse Value Investing Strategies for the Thoughtful Investor.