Interesting. Out of all the English clubs, I don't actually dislike Pool though. I don't particularly want them to go down.
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[ENG] Premiership 2010/2011 (8 Viewers)
- Thread starter Dostoevsky
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Liverpool reselling to Americans 
I hope it comes crashing down again.
I hope it comes crashing down again.
They purchased the Red Sox, Fenway Park, and the New England Sports Network for $660 Million Dollars back in 2002. The Team itself now is worth 617 Million Dollars, NESN is worth Hundreds of millions of dollars in and of itself as one of the premier cable sports networks in the United States, and they reinvigorated a 98 year old stadium in Fenway Park into one of the most visited ballparks in the world.
Unlike Hicks and Gillett, who won very very little as owners (Believe me I know this, as a fan of the NHL Montreal Canadiens when Gillett was the owner) This ownership group took a franchise that had not won a championship since 1918, (After they sold Babe Ruth, heretofore known as "The Curse of the Bambino") and proceeded to win 2 championships in 2004 and 2007, which is no mean feat considering that the New York Yankees happen to be in the same division as them.
This ownership group knows how to win, knows how to nurture young talent (Their minor league system is one of, if not the best, in all of baseball), and they know how to hire the right people and make a boatload of money in the process.
This isn't Hicks and Gillet redux, or the same situation as the American owner who runs Aston Villa.
This is HUGE news for any Liverpool fan. The only other bigger American Sports Clubs who could have purchase a football team would have been the Yankees and the Dallas Cowboys.
These guys do not treat their franchise as some sort of personal playground. They are serious and driven about winning.
If I were Aaron right now, I would be smiling from ear to ear.
Can we have those guys as our new owners 
Yeah, I wouldn't mind them buying Juve, to be honest.
The thing about the Patriots and the Red Sox is both those organizations play at a high level no matter whether they win championships. They're very keen to invest in the organizations but not to the point of over extension. They seem to be able to find the movable parts to run an organization at the highest level year after year.
If this does indeed go down, it could be huge. For the financial stability of the club at the very least. Hicks and Gillete were never successful in sporting ownership as both had made their billions in other ventures. Gillete I think is a successful food processing owner.
Anywho. I think it's amazing how Broughton allegedly stood against Hicks and Gillete in the board meeting. Very surprised.
Still while this is promising I'll reserve my final thoughts for two seasons from now.
If this does indeed go down, it could be huge. For the financial stability of the club at the very least. Hicks and Gillete were never successful in sporting ownership as both had made their billions in other ventures. Gillete I think is a successful food processing owner.
Anywho. I think it's amazing how Broughton allegedly stood against Hicks and Gillete in the board meeting. Very surprised.
Still while this is promising I'll reserve my final thoughts for two seasons from now.
I've spoken to a few Americans this morning Serg and they seem to inform me to the contray, now I'm not calling you a liar but I don't think it's so rosey as you make it out to be. The chap is not even worth a billion dollars, how does he expect to get Liverpool back to the top? he wont because he has not got the money to do that. The Sheikh and Abramovic dwarf this guy in terms of money. If I were a Liverpool fan I'd hope that the Chinese consortium resurface or The Dubai group because they're the only guys able to compete financially with Chelsea and City.
He'll do what Randy Lerner is doing at Villa and he's worth more.
He'll do what Randy Lerner is doing at Villa and he's worth more.
Its not an Individual, it is a company, and they are worth a fortune, with ownership of the Red Sox, Fenway Park, New England Sports Network, and are 50% owners of Roush Fenway Racing, which is one of the most succesful NASCAR teams in the country (Don't Laugh. Say what you will about it, but those teams are worth a small fortune as well)
And with all due respect, the Americans that you have spoken to, are any of them from the Boston area like I am?
And with all due respect, the Americans that you have spoken to, are any of them from the Boston area like I am?
Interesting points, but that is baseball. Saying they can come in and take the same approach in England and have even 10% of the knowledge is speculative. Basically what they want is to increase the value of the club, in whatever way possible. The differences between the American sports market and the Premier League in terms of how it is structured should also be noted, the Premier League is a competitive free for all where a new owner can literally transform a club overnight with sheer wealth. I hope the new owners haven't underestimated the differences here, it's a lot harder to make money from football. Still, it'll be interesting to see the response from the 'Thanks but no Yanks' brigade.
From what I've read, a lot of people seem to be so engulfed in the exit of Hicks and Gillete that it could be Manchowder Nick buying the club on his Visa and they'd probably be ok with it.
It seems to me that all the ultra rich foreign investors were turned away by the two current owners and now Henry is what's left. Granted he's not hugely wealthy and probably won't by Robinho for a billion euros, but he has gotten results and seems to install the right people in the right places to be successful. Whether it translates between sports is to be seen.
An ultra wealthy sugar daddy may not have much value in the future anyway.
It seems to me that all the ultra rich foreign investors were turned away by the two current owners and now Henry is what's left. Granted he's not hugely wealthy and probably won't by Robinho for a billion euros, but he has gotten results and seems to install the right people in the right places to be successful. Whether it translates between sports is to be seen.
An ultra wealthy sugar daddy may not have much value in the future anyway.
You are correct in the statement that a billionaire owner can literally transfer a team overnight, but that is under the current structure. with the Fair Play Rules coming into effect in 2012, the landscape will be changing dramatically. This cannot be overstated enough. I know that there are some who say that the big teams will find ways to circumvent this, but if the same rules apply here that they do in American sports where it is a fairly rigid structure, it will be far more difficult than one would think.
In baseball, Revenue Sharing is a process that has been used for at least the last decade, whereby the rich teams must give up a certain percentage of revenue to the poorer teams in the spirit of helping to build a competitive balance. Although there is no Salary Cap in baseball, there is a luxury tax, where if a team's salray exceeds a certain amount, then they are required to pay Major League Baseball the amount that they are over the threshold dollar fo dollar.
In other words, this ownership group has dealt with situations that could potentially restrict what they can do with their money, but have proven to be extremely successful, as their record since owning the Boston Red Sox have shown.
They are already ahead of the curve in regards to building a successful team while dealing with said restrictions.
This isn't the same as Randy Lerner. He went and bought the Cleveland Browns, built a brand new stadium,. but has not put forth a successful product on the field.
Its apples and oranges, really, when comparing the two.
In baseball, Revenue Sharing is a process that has been used for at least the last decade, whereby the rich teams must give up a certain percentage of revenue to the poorer teams in the spirit of helping to build a competitive balance. Although there is no Salary Cap in baseball, there is a luxury tax, where if a team's salray exceeds a certain amount, then they are required to pay Major League Baseball the amount that they are over the threshold dollar fo dollar.
In other words, this ownership group has dealt with situations that could potentially restrict what they can do with their money, but have proven to be extremely successful, as their record since owning the Boston Red Sox have shown.
They are already ahead of the curve in regards to building a successful team while dealing with said restrictions.
This isn't the same as Randy Lerner. He went and bought the Cleveland Browns, built a brand new stadium,. but has not put forth a successful product on the field.
Its apples and oranges, really, when comparing the two.