Author Topic: RedBird Capital to buy stake in FSG (Read 72387 times)

FSG paid $493m for Liverpool. KPMG have valued us at $2.6bn. So despite seeing their investment increase by $2.1bn the only investment in January was the signing of Ben Davies. With the Kabak loan fee being cancelled out by the Minamino loan fee.

The funniest part though is the idea that FSG will be investing in Mbappe in 2022. If that does happen then it will be on a free with LFC and not FSG picking up the tab for signing on fees and wages. Fenway Sports Management will benefit.

FSG just use the increase in value of sports franchises to buy more clubs. It is the same business model as landlords buying more houses instead of improving the ones they have.

Eeyore · « **Reply #208 on:** March 17, 2021, 12:49:12 am »

Quote from: Original on March 16, 2021, 11:24:11 pm

It does really make me wonder what the point is in all this and what the end game is for the people involved

To me it looks like FSG's partners want to spread the risk. Liverpool was bought in the aftermath of 07-08 financial crash. FSG now look as if they want to go on a spending spree and take advantage of the pandemic.

Redball the SPAC and Redbird the private investment have hit the headlines but what has slipped under the radar has been Arctos Sports partners becoming a partner. An entity that provides liquidity for sports franchises in exchange for a passive stake in the company.

So both Arctos and Redbird will be making significant investments in FSG.

Max_powers · « **Reply #209 on:** March 17, 2021, 12:50:42 am »

Quote from: Al 666 on March 17, 2021, 12:30:39 am

FSG paid $493m for Liverpool. KPMG have valued us at $2.6bn. So despite seeing their investment increase by $2.1bn the only investment in January was the signing of Ben Davies. With the Kabak loan fee being cancelled out by the Minamino loan fee.

The funniest part though is the idea that FSG will be investing in Mbappe in 2022. If that does happen then it will be on a free with LFC and not FSG picking up the tab for signing on fees and wages. Fenway Sports Management will benefit.

FSG just use the increase in value of sports franchises to buy more clubs. It is the same business model as landlords buying more houses instead of improving the ones they have.

We have won the league and the CL in last 3 seasons. Relax.

The revenue of the club has increased and so has the investment into transfers and player wages.

We are in much better financial shape now than in 2010 needless to say.

Who is your ideal owner Al?

Eeyore · « **Reply #210 on:** March 17, 2021, 12:54:36 am »

Quote from: Max_powers on March 17, 2021, 12:50:42 am

We have won the league and the CL in last 3 seasons. Relax.

The revenue of the club has increased and so has the investment into transfers and player wages.

We are in much better financial shape now than in 2010 needless to say.

Who is your ideal owner Al?

Me, Craig and Mac Red.

I can be in charge of knowing everything, Craig can keep hold of the kitty and Mac can be in charge of signing the next Messi from the 9th division of Albanian football.

FLRed67 · « **Reply #211 on:** March 17, 2021, 10:06:52 am »

Is that new investment in FSG by the guy that plays in the sports league whose viewership is hitting all-time lows? And who is becoming about as popular and likeable as flesh-eating bacteria?

Yep – that’s a good idea.

CraigDS · « **Reply #212 on:** March 17, 2021, 10:27:27 am »

Quote from: FLRed67 on March 17, 2021, 10:06:52 am

Is that new investment in FSG by the guy that plays in the sports league whose viewership is hitting all-time lows? And who is becoming about as popular and likeable as flesh-eating bacteria?

Yep – that’s a good idea.

No, it isn’t.

killer-heels · « **Reply #213 on:** March 17, 2021, 11:49:33 am »

Quote from: FLRed67 on March 17, 2021, 10:06:52 am

Is that new investment in FSG by the guy that plays in the sports league whose viewership is hitting all-time lows? And who is becoming about as popular and likeable as flesh-eating bacteria?

Yep – that’s a good idea.

Are you talking about LeBron James and the NBA or someone else? I thought the NBA were doing well for ratings and he was pretty much popular? Its the only sport in America that seems worth watching.

CraigDS · « **Reply #214 on:** March 17, 2021, 11:58:42 am »

Quote from: a treeless whopper on March 17, 2021, 11:49:33 am

Are you talking about LeBron James and the NBA or someone else? I thought the NBA were doing well for ratings and he was pretty much popular? Its the only sport in America that seems worth watching.

Not only that but it’s popular the world over. There is a reason he’s one of Nikes biggest stars (the biggest?).

Either way, he’s taking a small stake and it’s the one investing $750m.

Dim Glas · « **Reply #215 on:** March 17, 2021, 11:59:19 am »

Quote from: a treeless whopper on March 17, 2021, 11:49:33 am

Are you talking about LeBron James and the NBA or someone else? I thought the NBA were doing well for ratings and he was pretty much popular? Its the only sport in America that seems worth watching.

it’s shite

But yeah, what’s the deal with Lebron James, what has he done, why is he as 'popular and likeable as flesh-eating bacteria’ these days? I don’t follow basketball so have no idea what he has done.

Gods_Left_Boot · « **Reply #216 on:** March 17, 2021, 12:27:13 pm »

Quote from: Dim Glas on March 17, 2021, 11:59:19 am

it’s shite

But yeah, what’s the deal with Lebron James, what has he done, why is he as 'popular and likeable as flesh-eating bacteria’ these days? I don’t follow basketball so have no idea what he has done.

Right wingers in the US are livid with him (and with the NBA at large) for having the temerity to use his clout and influence to speak out for basic civil rights and against systemic racism, police brutality. As you might imagine, that makes him "divisive" and "controversial".

Dim Glas · « **Reply #217 on:** March 17, 2021, 12:33:25 pm »

Quote from: Gods_Left_Boot on March 17, 2021, 12:27:13 pm

Right wingers in the US are livid with him (and with the NBA at large) for having the temerity to use his clout and influence to speak out for basic civil rights and against systemic racism, police brutality. As you might imagine, that makes him "divisive" and "controversial".

In that case, I like him more!

B0151? · « **Reply #218 on:** March 17, 2021, 01:01:31 pm »

Quote from: Gods_Left_Boot on March 17, 2021, 12:27:13 pm

Right wingers in the US are livid with him (and with the NBA at large) for having the temerity to use his clout and influence to speak out for basic civil rights and against systemic racism, police brutality. As you might imagine, that makes him "divisive" and "controversial".

Makes me a bit interested as to why dear FLRed67 seems to have a dislike for him!

stewy17 · « **Reply #219 on:** March 17, 2021, 01:06:02 pm »

Quote from: Craig 🤔 on March 17, 2021, 11:58:42 am

Not only that but it’s popular the world over. There is a reason he’s one of Nikes biggest stars (the biggest?).

Either way, he’s taking a small stake and it’s the one investing $750m.

Let's not forget Space Jam 2.

newterp · « **Reply #220 on:** March 17, 2021, 01:18:38 pm »

Quote from: Dim Glas on March 17, 2021, 11:59:19 am

it’s shite

But yeah, what’s the deal with Lebron James, what has he done, why is he as 'popular and likeable as flesh-eating bacteria’ these days? I don’t follow basketball so have no idea what he has done.

NBA is putrid. It’s become an unwatchable game of isolation and feed your star player to the detriment of the team play. It’s really really boring too. It certainly gets better in the playoffs - but nowadays you have 7 footers who think they are guards - and shooting threes more than twos.

So many problems with the sport - but like any other major sport it will always be “popular”.

Tobelius · « **Reply #221 on:** March 17, 2021, 01:41:51 pm »

Quote from: newterp on March 17, 2021, 01:18:38 pm

NBA is putrid. It’s become an unwatchable game of isolation and feed your star player to the detriment of the team play. It’s really really boring too. It certainly gets better in the playoffs - but nowadays you have 7 footers who think they are guards - and shooting threes more than twos.

So many problems with the sport - but like any other major sport it will always be “popular”.

Some games are still good with players driving to the basket and do battle,but i hate the many games now where both teams just rotate until someone tries a 3,rinse and repeat.

afc tukrish · « **Reply #222 on:** March 17, 2021, 01:42:03 pm »

Quote from: newterp on March 17, 2021, 01:18:38 pm

NBA is putrid. It’s become an unwatchable game of isolation and feed your star player to the detriment of the team play. It’s really really boring too. It certainly gets better in the playoffs - but nowadays you have 7 footers who think they are guards - and shooting threes more than twos.

So many problems with the sport - but like any other major sport it will always be “popular”.

Broadly agree, but don't think that assessment explains the accusation of James's putridity.

Quote from: Gods_Left_Boot on March 17, 2021, 12:27:13 pm

Right wingers in the US are livid with him (and with the NBA at large) for having the temerity to use his clout and influence to speak out for basic civil rights and against systemic racism, police brutality. As you might imagine, that makes him "divisive" and "controversial".

Gods_Left_Boot covered it well...

Ratboy3G · « **Reply #223 on:** March 17, 2021, 03:51:14 pm »

Quote from: a treeless whopper on March 17, 2021, 11:49:33 am

Are you talking about LeBron James and the NBA or someone else? I thought the NBA were doing well for ratings and he was pretty much popular? Its the only sport in America that seems worth watching.

What about rounders? 😁

FLRed67 · « **Reply #224 on:** March 17, 2021, 04:49:17 pm »

Quote from: Gods_Left_Boot on March 17, 2021, 12:27:13 pm

Right wingers in the US are livid with him (and with the NBA at large) for having the temerity to use his clout and influence to speak out for basic civil rights and against systemic racism, police brutality. As you might imagine, that makes him "divisive" and "controversial".

“his clout and influence to speak out for basic civil rights . . .”

Lol

When the Houston Rockets GM "spoke out for the basic civil rights" of the people of Hong Kong, this creepy and bigoted LFC "investor" told him to shut the f*ck up, and used his "clout and influence" to make sure the GM promptly lost his job.

Yeah keep telling yourself it’s all about “right-wingers”.

Hey, I have a bridge for sale. Brand new. Call me quick - it won't last long!

Dim Glas · « **Reply #225 on:** March 17, 2021, 05:16:44 pm »

Wait, LeBron James is creepy and bigotted? This escalated quickly!

Jono69 · « **Reply #226 on:** March 17, 2021, 05:19:03 pm »

A bridge for sale

B0151? · « **Reply #227 on:** March 17, 2021, 05:23:43 pm »

Quote from: FLRed67 on March 17, 2021, 04:49:17 pm

“his clout and influence to speak out for basic civil rights . . .”

Lol

When the Houston Rockets GM "spoke out for the basic civil rights" of the people of Hong Kong, this creepy and bigoted LFC "investor" told him to shut the f*ck up, and used his "clout and influence" to make sure the GM promptly lost his job.

Yeah keep telling yourself it’s all about “right-wingers”.

Hey, I have a bridge for sale. Brand new. Call me quick - it won't last long!

I'm sure that's why you dislike him and are calling him bigoted mate.

Dim Glas · « **Reply #228 on:** March 17, 2021, 05:24:58 pm »

And also, 5 mins research - the Daryl Morey ‘furore’ happened in Oct 2019, he left the Rockets a year later, not sure how that equates to James causing him to ‘promptly’ lose his job. Also seems the Rockets themselves as an organisation where really fucking mad at their own GM for the furore it caused. I’m sure there is a lot more to it, than the cut down version above (and my cut down version here!).

Max_powers · « **Reply #229 on:** March 17, 2021, 05:25:21 pm »

You will all be unfurling Lebron James banners on the Kop when Mbappe signs.

Gods_Left_Boot · « **Reply #230 on:** March 17, 2021, 05:28:07 pm »

Quote from: FLRed67 on March 17, 2021, 04:49:17 pm

“his clout and influence to speak out for basic civil rights . . .”

Lol

When the Houston Rockets GM "spoke out for the basic civil rights" of the people of Hong Kong, this creepy and bigoted LFC "investor" told him to shut the f*ck up, and used his "clout and influence" to make sure the GM promptly lost his job.

Yeah keep telling yourself it’s all about “right-wingers”.

Hey, I have a bridge for sale. Brand new. Call me quick - it won't last long!

Nice bit of whataboutery mate, keep up the good work!

deFacto please, you bastards · « **Reply #231 on:** March 17, 2021, 05:47:30 pm »

LeBron didn't cause Morey to lose his job. Morey resigned in October 2020, and got a job the following month at Philladelphia. His tweet pertaining to Hong Kong was in October 2019. The resignation wasn't to do with his tweet, but the state of Houston as an organization and what they wanted to do going forward.

While I didn't like LeBron's stance on Hong Kong, he's more than well in his rights to speak about the civil rights of Black Americans, and anyone calling him a bigot is incredibly bizarre.

Lastrador · « **Reply #232 on:** March 17, 2021, 06:01:42 pm »

Quote from: deFacto please, you bastards on March 17, 2021, 05:47:30 pm

LeBron didn't cause Morey to lose his job. Morey resigned in October 2020, and got a job the following month at Philladelphia. His tweet pertaining to Hong Kong was in October 2019. The resignation wasn't to do with his tweet, but the state of Houston as an organization and what they wanted to do going forward.

While I didn't like LeBron's stance on Hong Kong, he's more than well in his rights to speak about the civil rights of Black Americans, and anyone calling him a bigot is incredibly bizarre.

He did come across as a massive hypocrite though. Him talking about the civil rights of Black Americans rings hollow when he pretty much spewed CPC propaganda in regards to the Hong Kong situation.

deFacto please, you bastards · « **Reply #233 on:** March 17, 2021, 06:06:29 pm »

Quote from: Lastrador on March 17, 2021, 06:01:42 pm

He did come across as a massive hypocrite though. Him talking about the civil rights of Black Americans rings hollow when he pretty much spewed CPC propaganda in regards to the Hong Kong situation.

I agree, which is why I said that I didn't like his stance on Hong Kong. having said that, he's got far more experience as a Black American to talk about civil rights of Black Americans than he does about Hong Kong and it's people.

Despite that, I don't think that takes away from what he is trying to do in regards to civil rights for Black Americans. A hypocrite yes, but a bigot? I don't think so.

Lastrador · « **Reply #234 on:** March 17, 2021, 06:33:34 pm »

Quote from: deFacto please, you bastards on March 17, 2021, 06:06:29 pm

I agree, which is why I said that I didn't like his stance on Hong Kong. having said that, he's got far more experience as a Black American to talk about civil rights of Black Americans than he does about Hong Kong and it's people.

Despite that, I don't think that takes away from what he is trying to do in regards to civil rights for Black Americans. A hypocrite yes, but a bigot? I don't think so.

Then he shouldn't have said that Morey was “either misinformed or not really educated on the situation” regarding Hong Kong.

I agree, I wouldn't call him a bigot, but it does damage his credibility as a Civil Rights spokesman when he picks and chooses what Civilians he supports, depending on how it affects his bottom line.

Sheer Magnetism · « **Reply #235 on:** March 17, 2021, 06:35:37 pm »

Sounds like the money will be used to acquire a basketball franchise, which means the funding and attention will be diluted three ways instead of two.

CraigDS · « **Reply #236 on:** March 17, 2021, 06:48:06 pm »

Quote from: Sheer Magnetism on March 17, 2021, 06:35:37 pm

Sounds like the money will be used to acquire a basketball franchise, which means the funding and attention will be diluted three ways instead of two.

They’ve never really funded us, or them, so it will be no different with another team.

As for attention - not sure we’ve ever suffered from a lack of it from them. They install the best they can get and generally have a hands off approach.

WhereAngelsPlay · « **Reply #237 on:** March 17, 2021, 06:50:32 pm »

Quote from: Gods_Left_Boot on March 17, 2021, 12:27:13 pm

Right wingers in the US are livid with him (and with the NBA at large) for having the temerity to use his clout and influence to speak out for basic civil rights and against systemic racism, police brutality. As you might imagine, that makes him "divisive" and "controversial".

He is a good guy but he really needs to get off the fence with regards to the Covid vaccine.

Red Beret · « **Reply #238 on:** March 17, 2021, 06:52:33 pm »

Quote from: Sheer Magnetism on March 17, 2021, 06:35:37 pm

Sounds like the money will be used to acquire a basketball franchise, which means the funding and attention will be diluted three ways instead of two.

Were we ever actually getting any money? I thought LFC was basically self sufficient financially, with not much support from FSG, who basically just manage and run the club?

(forgive my ignorance in advance)

WhereAngelsPlay · « **Reply #239 on:** March 17, 2021, 06:54:47 pm »

Quote from: Bakez0151 on March 17, 2021, 05:23:43 pm

I'm sure that's why you dislike him and are calling him bigoted mate.