Author Topic: RedBird Capital to buy stake in FSG  (Read 69668 times)

Offline No666

  • Married to Macca.
  • RAWK Scribe
  • Legacy Fan
  • ******
  • Posts: 16,720
Re: RedBird Capital to buy stake in FSG
« Reply #40 on: February 27, 2021, 09:00:41 am »
Question to those of you with the expertise -- if this is RedBird's raison d'être --
They specialise in helping to ‘scale founder-led companies’.
Then am I simply inferring this, or does that mean they envisage at least a proportion of that investment going into that scaling, via the individual components of the FSG group or the group as a whole somehow, to take it to the next level? (Rather than simply being diverted into John or Mike's building society account.)


Offline MD1990

  • Makes your eyes bleed and your brain hurt.
  • Legacy Fan
  • ******
  • Posts: 5,860
  • We all Live in a Red and White Kop
Re: RedBird Capital to buy stake in FSG
« Reply #41 on: February 27, 2021, 10:31:05 am »
https://twitter.com/Simon_Hughes__/status/1365609012415377410

Quote
A no comment answer from RedBird last night who were asked whether they were buying into FSG following reports in the US. Earlier this week, John Henry chose not to speak to baseball reporters like he normally does at spring training. Interesting times.

Offline killer-heels

  • Hates everyone and everything. Including YOU! Negativity not just for Christmas. Thinks 'irony' means 'metallic'......
  • Legacy Fan
  • ******
  • Posts: 75,707
Re: RedBird Capital to buy stake in FSG
« Reply #42 on: February 27, 2021, 10:52:01 am »
Is it actually that interesting?

Offline CraigDS

  • Lite. Smelt it and dealt it. Worrawhopper.
  • RAWK Supporter
  • Legacy Fan
  • ******
  • Posts: 61,462
  • YNWA
Re: RedBird Capital to buy stake in FSG
« Reply #43 on: February 27, 2021, 10:56:19 am »
Is it actually that interesting?

No, not really. Could literally be a million reasons for him not doing so, especially in the middle of a pandemic.

Offline killer-heels

  • Hates everyone and everything. Including YOU! Negativity not just for Christmas. Thinks 'irony' means 'metallic'......
  • Legacy Fan
  • ******
  • Posts: 75,707
Re: RedBird Capital to buy stake in FSG
« Reply #44 on: February 27, 2021, 11:01:49 am »
Doesn’t it also mean that someone has valued the club close to their value and therefore decided to sell a portion of it? It’s nothing really for us to get excited or concerned about is it? Or am I missing something?

Online ScouserAtHeart

  • RAWK Supporter
  • Legacy Fan
  • ******
  • Posts: 12,367
  • Pissing Manc "fans" off since 1999.
Re: RedBird Capital to buy stake in FSG
« Reply #45 on: February 27, 2021, 11:03:24 am »
Think people are hoping it means more money for transfers. Which is highly doubtful.
"Jürgen Klopp is bringing Liverpool's 'fuck you' back. And I can't wait."

Offline CraigDS

  • Lite. Smelt it and dealt it. Worrawhopper.
  • RAWK Supporter
  • Legacy Fan
  • ******
  • Posts: 61,462
  • YNWA
Re: RedBird Capital to buy stake in FSG
« Reply #46 on: February 27, 2021, 11:05:21 am »
Doesn’t it also mean that someone has valued the club close to their value and therefore decided to sell a portion of it? It’s nothing really for us to get excited or concerned about is it? Or am I missing something?

Depends. Some of the investment could go inwards to the companies FSG owns rather than as a return to it's investors, in which case we could see a cash bump.

Offline killer-heels

  • Hates everyone and everything. Including YOU! Negativity not just for Christmas. Thinks 'irony' means 'metallic'......
  • Legacy Fan
  • ******
  • Posts: 75,707
Re: RedBird Capital to buy stake in FSG
« Reply #47 on: February 27, 2021, 11:09:30 am »
Depends. Some of the investment could go inwards to the companies FSG owns rather than as a return to it's investors, in which case we could see a cash bump.

What would be the rationale for that? Extra investment to further advance and bump up the value of the remaining 90% of the group?

Offline CraigDS

  • Lite. Smelt it and dealt it. Worrawhopper.
  • RAWK Supporter
  • Legacy Fan
  • ******
  • Posts: 61,462
  • YNWA
Re: RedBird Capital to buy stake in FSG
« Reply #48 on: February 27, 2021, 11:13:36 am »
What would be the rationale for that? Extra investment to further advance and bump up the value of the remaining 90% of the group?

Yeah, basically. It's not uncommon at all for that to happen.

Especially for an investment group, who will normally back themselves to make any inwards investment worth X times it's original value over time.

Online kaesarsosei

  • Brutally bad.
  • Legacy Fan
  • ******
  • Posts: 1,883
  • We all Live in a Red and White Kop
Re: RedBird Capital to buy stake in FSG
« Reply #49 on: February 27, 2021, 11:17:26 am »
My take on this is - utterly meaningless. We will still be on a completely different scale financially to City and there are only perhaps half a dozen people in the world who could buy us and change that.

Offline CraigDS

  • Lite. Smelt it and dealt it. Worrawhopper.
  • RAWK Supporter
  • Legacy Fan
  • ******
  • Posts: 61,462
  • YNWA
Re: RedBird Capital to buy stake in FSG
« Reply #50 on: February 27, 2021, 11:20:27 am »
My take on this is - utterly meaningless. We will still be on a completely different scale financially to City and there are only perhaps half a dozen people in the world who could buy us and change that.

We've already shown we don't need to be on the same financial level as a despot Sheik to compete with them.

Offline gamble

  • andproctor
  • Legacy Fan
  • ******
  • Posts: 6,823
Re: RedBird Capital to buy stake in FSG
« Reply #51 on: February 27, 2021, 11:30:54 am »
the whole point of investing is for the intention of obtaining a return - where is the return for RedBird? Where is the exit?

I'd welcome anyone who helps the club grow and puts money for use, but should still be cautious about the long term plan.

Offline lukeb1981

  • Legacy Fan
  • ******
  • Posts: 3,586
Re: RedBird Capital to buy stake in FSG
« Reply #52 on: February 27, 2021, 11:31:54 am »
We've already shown we don't need to be on the same financial level as a despot Sheik to compete with them.
Only if the first 11 are mainly fit for the season Craig if not then no one can. This investment is only cash in FSG’s pockets so wouldn’t be too excited about it . It will just offset what they won’t make this season by not winning the league and possibly failure to qualify for next year’s Champions league. Their revenue will stay up while the clubs won’t.

Offline CraigDS

  • Lite. Smelt it and dealt it. Worrawhopper.
  • RAWK Supporter
  • Legacy Fan
  • ******
  • Posts: 61,462
  • YNWA
Re: RedBird Capital to buy stake in FSG
« Reply #53 on: February 27, 2021, 11:32:54 am »
the whole point of investing is for the intention of obtaining a return - where is the return for RedBird? Where is the exit?

The short term return is from linked businesses - in FSG's case they have NESN and FSM.

The long term return is from increasing the value of all businesses - and either selling up completely or in part.

Offline CraigDS

  • Lite. Smelt it and dealt it. Worrawhopper.
  • RAWK Supporter
  • Legacy Fan
  • ******
  • Posts: 61,462
  • YNWA
Re: RedBird Capital to buy stake in FSG
« Reply #54 on: February 27, 2021, 11:34:13 am »
This investment is only cash in FSG’s pockets so wouldn’t be too excited about it .

Excellent, didn't realise you're privvy to the terms of this completely unknown deal. Care to share?


Quote
It will just offset what they won’t make this season by not winning the league and possibly failure to qualify for next year’s Champions league. Their revenue will stay up while the clubs won’t.

What who doesn't make? FSG take no profit out of any of their sports terms.

Offline b_joseph

  • b_jesus, b_mary, b_joseph and the wee b_donkey. Unloyal gloryhunter who was probably Kelly Osbourne in another life.
  • Legacy Fan
  • ******
  • Posts: 23,603
Re: RedBird Capital to buy stake in FSG
« Reply #55 on: February 27, 2021, 11:36:58 am »
the whole point of investing is for the intention of obtaining a return - where is the return for RedBird? Where is the exit?

I'd welcome anyone who helps the club grow and puts money for use, but should still be cautious about the long term plan.
The return is the continued financial growth of the assets currently "owned" by FSG. The exit is years down the line when they cash in on that growth

Online [new username under construction]

  • Poster formerly know as shadowbane. Never lost his head whilst others panicked. Fucking kopite!
  • Legacy Fan
  • ******
  • Posts: 12,285
  • Insert something awesome here!
Re: RedBird Capital to buy stake in FSG
« Reply #56 on: February 27, 2021, 11:55:01 am »
I'd put money on us not actually getting anything

Online TepidT2O

  • Deffo NOT 9"! MUFC bedwetter. Grass. Folically-challenged, God-piece-wearing, monkey-rubber. Jizz aroma expert. Operating at the lower end of the distribution curve...has the hots for Alan. Bastard. Fearless in transfer windows with lack of convicti
  • Lead Matchday Commentator
  • Legacy Fan
  • ******
  • Posts: 93,680
  • Dejan Lovren fan club member #1
Re: RedBird Capital to buy stake in FSG
« Reply #57 on: February 27, 2021, 11:56:23 am »
I'd put money on us not actually getting anything
I don’t think there’s ever been any suggestion we would has there?
“Happiness can be found in the darkest of times, if one only remembers to turn on the light.”
“Generosity always pays off. Generosity in your effort, in your work, in your kindness, in the way you look after people and take care of people. In the long run, if you are generous with a heart, and with humanity, it always pays off.”
W

Offline CraigDS

  • Lite. Smelt it and dealt it. Worrawhopper.
  • RAWK Supporter
  • Legacy Fan
  • ******
  • Posts: 61,462
  • YNWA
Re: RedBird Capital to buy stake in FSG
« Reply #58 on: February 27, 2021, 11:57:00 am »
I don’t think there’s ever been any suggestion we would has there?

There has been nothing either way, both are entirely possible, and both would be entirely normal from an outside investment.

Online [new username under construction]

  • Poster formerly know as shadowbane. Never lost his head whilst others panicked. Fucking kopite!
  • Legacy Fan
  • ******
  • Posts: 12,285
  • Insert something awesome here!
Re: RedBird Capital to buy stake in FSG
« Reply #59 on: February 27, 2021, 11:59:26 am »
I don’t think there’s ever been any suggestion we would has there?

Don't think so no, but you'd imagine in a nice world, our owners may chuck some our way, just can't see it, so not getting hopes up

Offline No666

  • Married to Macca.
  • RAWK Scribe
  • Legacy Fan
  • ******
  • Posts: 16,720
Re: RedBird Capital to buy stake in FSG
« Reply #60 on: February 27, 2021, 11:59:36 am »
As I posted earlier, RedBird's rationale is to scale up founder-operated businesses. The scale up bit would imply that the money is going to be used somehow, across the group. At least, that was my interpretation.

Offline lukeb1981

  • Legacy Fan
  • ******
  • Posts: 3,586
Re: RedBird Capital to buy stake in FSG
« Reply #61 on: February 27, 2021, 12:10:13 pm »
Excellent, didn't realise you're privvy to the terms of this completely unknown deal. Care to share?


What who doesn't make? FSG take no profit out of any of their sports terms.
Dont start being a prick lad . Twisting the whole post to suit yourself. You don’t like anyone stating facts about FSG ownership do you .

Offline Ghost Town

  • RAWK snitch. Bands won't play no more. Too much fighting on the dance floor! Probably one of only three people who knows the meaning of "depuratory", the Suzy Dent-esque freakshow! Hannoying homunculus.
  • Legacy Fan
  • ******
  • Posts: 14,899
  • mundus vult decipi
Re: RedBird Capital to buy stake in FSG
« Reply #62 on: February 27, 2021, 12:14:29 pm »
I'd put money on us not actually getting anything
Probably best you just give the money to Kloppo instead
"Every man has a right to utter what he thinks truth, and every other man has a right to knock him down for it."
Samuel (not Glen) Johnson, as reported by James (not Joey) Boswell. They must have foreseen RAWK ;D

Offline b_joseph

  • b_jesus, b_mary, b_joseph and the wee b_donkey. Unloyal gloryhunter who was probably Kelly Osbourne in another life.
  • Legacy Fan
  • ******
  • Posts: 23,603
Re: RedBird Capital to buy stake in FSG
« Reply #63 on: February 27, 2021, 12:17:27 pm »
I'd put money on us not actually getting anything
Stability in a chaotic time is a good thing. Having that is a leg up on most

Online kaesarsosei

  • Brutally bad.
  • Legacy Fan
  • ******
  • Posts: 1,883
  • We all Live in a Red and White Kop
Re: RedBird Capital to buy stake in FSG
« Reply #64 on: February 27, 2021, 12:18:35 pm »
We've already shown we don't need to be on the same financial level as a despot Sheik to compete with them.

No we haven't. In the last 3 years, which has been our peak under Klopp, we have 1 CL and 1 PL. City have 2 PL and god knows how many domestic cups, and are adding another PL and at least 1 other trophy this season. The very best you can say is we are close and that is with absolutely everything being perfect for us.

Offline CraigDS

  • Lite. Smelt it and dealt it. Worrawhopper.
  • RAWK Supporter
  • Legacy Fan
  • ******
  • Posts: 61,462
  • YNWA
Re: RedBird Capital to buy stake in FSG
« Reply #65 on: February 27, 2021, 12:22:58 pm »
Dont start being a prick lad . Twisting the whole post to suit yourself. You don’t like anyone stating facts about FSG ownership do you .

You’ve stated no facts, lad.

You’ve come in and started spouting stuff you’ve formed in your own imagination, because you’ve seen fuck all information than anyone else has... yet you’re some how stating facts.

There are many possibilities from such an investment. They could take it all for themselves, or some could go into the businesses, or it all could.

We simply don’t know, and I’ve not suggested any outcome would be more likely than the other, just that there are multiple possibilities.

Offline CHOPPER

  • Bad Tranny with a Chopper. Hello John gotta new Mitre? I'm Jim Davidson in disguise. Undercover Cop (Grammar Division). Does Louis Spence. Well. A giga-c*nt worth of nothing in particular. Hodgson apologist. Astronomical cock. Hug Jacket Distributor
  • Legacy Fan
  • ******
  • Posts: 52,433
  • Super Title: Not Arsed
Re: RedBird Capital to buy stake in FSG
« Reply #66 on: February 27, 2021, 12:25:55 pm »
@ Veinticinco de Mayo The way you talk to other users on this forum is something you should be ashamed of as someone who is suppose to be representing the site.
Martin Kenneth Wild - Part of a family

Offline CraigDS

  • Lite. Smelt it and dealt it. Worrawhopper.
  • RAWK Supporter
  • Legacy Fan
  • ******
  • Posts: 61,462
  • YNWA
Re: RedBird Capital to buy stake in FSG
« Reply #67 on: February 27, 2021, 12:26:16 pm »

Offline lukeb1981

  • Legacy Fan
  • ******
  • Posts: 3,586
Re: RedBird Capital to buy stake in FSG
« Reply #68 on: February 27, 2021, 12:34:26 pm »
You’ve stated no facts, lad.

You’ve come in and started spouting stuff you’ve formed in your own imagination, because you’ve seen fuck all information than anyone else has... yet you’re some how stating facts.

There are many possibilities from such an investment. They could take it all for themselves, or some could go into the businesses, or it all could.

We simply don’t know, and I’ve not suggested any outcome would be more likely than the other, just that there are multiple possibilities.
They have bought a stake in FSG not Liverpool so it’s obvious where the money is going . Il actually put a wager on with you I’m that confident we won’t get a penny out of it . 200 pound charity of your choice .

Offline CraigDS

  • Lite. Smelt it and dealt it. Worrawhopper.
  • RAWK Supporter
  • Legacy Fan
  • ******
  • Posts: 61,462
  • YNWA
Re: RedBird Capital to buy stake in FSG
« Reply #69 on: February 27, 2021, 12:48:53 pm »
They have bought a stake in FSG not Liverpool so it’s obvious where the money is going . Il actually put a wager on with you I’m that confident we won’t get a penny out of it . 200 pound charity of your choice .

I’m not arguing we will get some, I’m saying there are many possibilities and one is that money goes into the assets of the business to increase the value of the whole. Another is we won’t.

You’re the only one who is telling us there is only one thing going to happen, and it’s based on nothing more than your own imagination.

The fact it’s an investment in FSG and not the club directly means nothing.

Offline lukeb1981

  • Legacy Fan
  • ******
  • Posts: 3,586
Re: RedBird Capital to buy stake in FSG
« Reply #70 on: February 27, 2021, 12:57:19 pm »
I’m not arguing we will get some, I’m saying there are many possibilities and one is that money goes into the assets of the business to increase the value of the whole. Another is we won’t.

You’re the only one who is telling us there is only one thing going to happen, and it’s based on nothing more than your own imagination.

The fact it’s an investment in FSG and not the club directly means nothing.
What I would like to see announced is a sponsor and investment for the Annie stand . That revenue should see investment pumped straight into the team .

Offline Ratboy3G

  • Sworn enemy of Mousegirl5G
  • RAWK Supporter
  • Legacy Fan
  • ******
  • Posts: 3,400
Re: RedBird Capital to buy stake in FSG
« Reply #71 on: February 27, 2021, 01:13:13 pm »
I prefer our dear leaders in China.

I, for one, welcome our new Chinese overlords
I am a man of few words.....any questions?

Online LovelyCushionedHeader

  • Not so pleasant non-upholstered footer
  • Legacy Fan
  • ******
  • Posts: 14,680
  • We all Live in a Red and White Kop
Re: RedBird Capital to buy stake in FSG
« Reply #72 on: February 27, 2021, 01:16:03 pm »
We will still be on a completely different scale financially to City and there are only perhaps half a dozen people in the world who could buy us and change that.

Thanks god for that.
And if the rain stops, and everything's dry.. she would cry, just so I could drink tears from her eyes.

Offline WhereAngelsPlay

  • Rockwool Marketing Board Spokesman. Cracker Wanker. Fucking calmest man on RAWK, alright? ALRIGHT?! Definitely a bigger cunt than YOU!
  • RAWK Supporter
  • Legacy Fan
  • ******
  • Posts: 26,215
  • We all Live in a Red and White Kop
Re: RedBird Capital to buy stake in FSG
« Reply #73 on: February 27, 2021, 01:24:25 pm »
I don’t think there’s ever been any suggestion we would has there?

Not from those tight sods
My cup, it runneth over, I'll never get my fill

Offline Samie

  • The next Pharaoh of Egypt. The Ev of drafting! Rumoured to be the 7th, we may need that old magic back! The Timekeeper, ask him what time the action starts.
  • RAWK Supporter
  • Legacy Fan
  • ******
  • Posts: 65,938
Re: RedBird Capital to buy stake in FSG
« Reply #74 on: February 27, 2021, 01:30:03 pm »
FSG Craig back in action.  ;D

Offline Ma Vie en Rouge

  • J'aime voir...!
  • Legacy Fan
  • ******
  • Posts: 2,176
  • We all Live in a Red and White Kop
Re: RedBird Capital to buy stake in FSG
« Reply #75 on: February 27, 2021, 01:32:37 pm »
No we haven't. In the last 3 years, which has been our peak under Klopp, we have 1 CL and 1 PL. City have 2 PL and god knows how many domestic cups, and are adding another PL and at least 1 other trophy this season. The very best you can say is we are close and that is with absolutely everything being perfect for us.

Sure, and that is far better than being owned by tyrants, and has given us some of the greatest times in our history.

Offline CraigDS

  • Lite. Smelt it and dealt it. Worrawhopper.
  • RAWK Supporter
  • Legacy Fan
  • ******
  • Posts: 61,462
  • YNWA
Re: RedBird Capital to buy stake in FSG
« Reply #76 on: February 27, 2021, 01:35:49 pm »
FSG Craig back in action.  ;D

I’m not even defending them, but for some if you don’t take the most negative position possible you’re a mole.

Offline killer-heels

  • Hates everyone and everything. Including YOU! Negativity not just for Christmas. Thinks 'irony' means 'metallic'......
  • Legacy Fan
  • ******
  • Posts: 75,707
Re: RedBird Capital to buy stake in FSG
« Reply #77 on: February 27, 2021, 01:38:19 pm »
I have been critical of the owners but not sure what this has to do with their own performance? Seems pretty logical to me as it values the group pretty high.

The financial figures due soon and the summer window will tell us a bit more.

On another note, how much are the Red Sox worth?

Offline deFacto please, you bastards

  • Apologies if I haven't responded to every post in every thread yet, I'm trying hard. farKnow.
  • Legacy Fan
  • ******
  • Posts: 35,685
Re: RedBird Capital to buy stake in FSG
« Reply #78 on: February 27, 2021, 01:54:58 pm »
I have been critical of the owners but not sure what this has to do with their own performance? Seems pretty logical to me as it values the group pretty high.

The financial figures due soon and the summer window will tell us a bit more.

On another note, how much are the Red Sox worth?

$3.3 billion, 3rd highest in MLB

Offline CraigDS

  • Lite. Smelt it and dealt it. Worrawhopper.
  • RAWK Supporter
  • Legacy Fan
  • ******
  • Posts: 61,462
  • YNWA
Re: RedBird Capital to buy stake in FSG
« Reply #79 on: February 27, 2021, 01:55:35 pm »
No we haven't. In the last 3 years, which has been our peak under Klopp, we have 1 CL and 1 PL. City have 2 PL and god knows how many domestic cups, and are adding another PL and at least 1 other trophy this season. The very best you can say is we are close and that is with absolutely everything being perfect for us.

This is crazy talk.

You’re genuinely trying to make the argument that in 3 seasons, where we got to two CL finals, winning 1 and also winning the PL...at a canter, and finishing 2nd only by a point on a record high of 97pts for runners up... has not been competing with City?

I’d call that pretty insulting to Klopp and the squad.