FSG president Mike Gordon has begun ‘transferring responsibilities to Liverpool CEO Billy Hogan’ according to one report.
This update comes courtesy of the Boston Globe in the wake of the American group’s decision to invite further investment into the club.
It’s possible that a full sale could occur if the right potential owner steps forward and is relatively well-aligned with the Reds’ ambitions and the politics of the city.
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This comes amid reports that the Premier League-based outfit is attracting serious interest, including from Stephen Pagliuca’s Bain Capital, according to the Daily Star (via TEAMtalk).
FSG received one early approach after their bombshell announcement and other publications have noted some interest from Dubai (though the four groups linked with interest were unable to showcase the funds necessary to launch a move).
Whilst it’s not a move that’s thought to be directly linked to the potential sale of the football club (according to the Echo), it’s an interesting turn of events nonetheless in the ongoing evolution of Liverpool and our behind-the-scenes structure.
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FSG didn’t actually invest anything yet out of their own pocket
£4.4 billion todays value
Costs
£300 million purchase price
£120 million net spend on player (10m x12 yrs )
£250 million infrastructure training stadium
£500 million red bird
£1,190 billion total costs
£3.300 billion profit by fsg, which equals £275 million profit at sale ,a year for 12 years
In the 12 years Liverpool have made a profit after loses of £500+ million.
If FSG had spent another 50,80 million a year, it would of made all the difference
Let’s hope they do not sink LFC by not spending in Jan and the summer . £200-£300 million or more between now and the end of the season on players, if they do not LFC will be set back a decade.
FSG message for me, football is not a sustainable model when you have sovereign autocratic states owning clubs, so they want out.
But let’s be clear yes there were worse owners. But FSG have invested NOTHING, take the overall profit over 12 years (they provided a bridging loan only).
Let’s hope new owners build a new stadium of 120,000 some where else in merseyside and stop the sentimental pandering (which if continued will result in 2nd best nearly every time) and tell Liverpool city council to do one. (It should be renamed Everton fc city approval council )