The fans wanting to buy the team may have good timing. The way Liverpool are going, the price will probably be about the same as buying Plymouth. I call that a bargain The best they ever had
Yeah, I'd be worried about how financially committed to the club the Americans are too. I mean, they barely made a splash in the transfer market over the summer, with some minor purchases of Fernando Torres, Ryan Babel, Yossi Benayoun and Andriy Voronin. 50 million pounds is practically nothing. And, maybe the fans have forgotten one principle. Just cause you have the money, doesn't mean anyone is selling.
Well, to be fair, none of those four have been busts. (None have lit the world on fire neither, but I'm just saying it could be worse.) I like the principle behind this, but I fear the execution of it.
I wish them all the best (so long as they remain a safe distance behind Arsenal in the table). I don't completely understand these kinds of deals. Over time, don't shares trade hands and you eventually end up with a few major players with controlling shares and economic interests eventually displacing club loyalty? Greed (if that's what wanting to make a lot of money by owning a football club is) takes over and you're in much the same place as having one or two owners (witness the power struggles in Arsenal's board room).
Chico, you do know that was sarcasm, right?
All I could think of was (even as a Liverpool fan meself) WTF? I went to their site and got this: "This Account Has Been Suspended Please contact the billing/support department as soon as possible. " This is romantic and all but, heck, if they can't run a fooking website, you want them to run an international cooperative for a half-billion-POUND club?
JJ, what's wrong with being financially literate?
I think JJ makes a leetle joke about equating Liverpool club with "assets".
Oh, the 'assets' / 'liabilities' with a picture of the team in the latter column is an old mainstay of fanzines. This is an important move. It could go tits-up, but if it reverses the trend for clubs to become the playthings of foreign multi-millionaires, their ownership built on dubious borrowing models, it sets a precedent to offset the inexorable trend towards the franchise model. The repercussions of 'Yanks Go Home' may even cross the pond and challenge the prohibition of co-operative ownership. Over time, don't shares trade hands...? Not if you have something akin to the sporting-club (or, if you like, the Green Bay Packers) model with restrictions on share ownership, transfer and appreciation.
