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Joined: Oct 2009
Posts: 27,628
Liverpool Legend
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Liverpool Legend
Joined: Oct 2009
Posts: 27,628 |
The plan for the new stadium has been around since peter robinsons day right through to moores and gillet and hicks dozens of advisors have concluded a new stadium is viable. And if FSG thought it was not viable then why buy the club and why was it not picked up on due diligence ? Having performed due dilligence myself on company acquisitions there is no way such a fundamental item would have been overlooked before they even started the bid. So the idea the new build is crazy does not stand up to serious examination
There is nothing certain about business vish intrinsically it is about risk I don't believe the new build is unviable why has it taken so many years for FSG to declare it so ? Even until recently it was being debated by FSG hence the decision must be marginal.
Is it not more likely FSG have suddenly concluded the refurb gives them a greater short term return which is great (for them) not so good for the city the fans and the club over the long term.
IF YOU WANT TO BE HEARD SPEAK SOFTLY - BOB PAISLEY
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Joined: Jan 2010
Posts: 22,926
Liverpool Legend
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Liverpool Legend
Joined: Jan 2010
Posts: 22,926 |
The plan for the new stadium has been around since peter robinsons day right through to moores and gillet and hicks dozens of advisors have concluded a new stadium is viable. And if FSG thought it was not viable then why buy the club and why was it not picked up on due diligence ? Having performed due dilligence myself on company acquisitions there is no way such a fundamental item would have been overlooked before they even started the bid. So the idea the new build is crazy does not stand up to serious examination
There is nothing certain about business vish intrinsically it is about risk I don't believe the new build is unviable why has it taken so many years for FSG to declare it so ? Even until recently it was being debated by FSG hence the decision must be marginal.
Is it not more likely FSG have suddenly concluded the refurb gives them a greater short term return which is great (for them) not so good for the city the fans and the club over the long term.
So if it was so viable, why didn't Moores or H&G build it? In business you should always take the best viable option unless you are a speculator not managing your own money. I know what I am talking about as I have beem managing companies for almost 15 years.
Last edited by vish LFC; 15/06/14 05:35 PM.
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Joined: Oct 2009
Posts: 27,628
Liverpool Legend
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Liverpool Legend
Joined: Oct 2009
Posts: 27,628 |
I have been managing companies since 1985.
Moores wanted out and H&G were hit by the credit crunch and banks raising their loan criteria.
I disagree you always take the immediate viable option in business you take the most long term viable option if you want to grow and stay in business with an integrated plan allowing for growth and contingency factors.
Your notion the new build is crazy does not stand examination there were well advanced plans to build a new stadium including the granting of planning permission do you think it advanced that far on a crazy idea ?
No the about turn by FSG is they are looking to build the short term that gives them the optimum return, nice for them but not so great for Liverpool FC, the city and the fans whom will now grow up to a club limited in scope.
Notice how I keep saying city vish? the city of liverpool where Liverpool football club are domiciled and have been since 1892. A major new stadium would be a showcase for the city sttracting tourists and putting the city on the map.
You may not care about this or John Henry but I do. I am quite sure if FSG made intentions in this direction with the £2 billion of central government funds flowing into the Liverpool city region long term grants might potentially be arranged at least to mitigate the cost which as I recall was the case in the H&G times but FSG feet dragging meant they lost patience,
Last edited by Stanley Park; 15/06/14 05:54 PM.
IF YOU WANT TO BE HEARD SPEAK SOFTLY - BOB PAISLEY
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Joined: Jan 2010
Posts: 22,926
Liverpool Legend
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Liverpool Legend
Joined: Jan 2010
Posts: 22,926 |
I have been managing companies since 1985.
Moores wanted out and H&G were hit by the credit crunch and banks raising their loan criteria.
I disagree you always take the immediate viable option in business you take the most long term viable option if you want to grow and stay in business with an integrated plan allowing for growth and contingency factors.
Your notion the new build is crazy does not stand examination there were well advanced plans to build a new stadium including the granting of planning permission do you think it advanced that far on a crazy idea ?
No the about turn by FSG is they are looking to build the short term that gives them the optimum return, nice for them but not so great for Liverpool FC, the city and the fans whom will now grow up to a club limited in scope.
Notice how I keep saying city vish? the city of liverpool where Liverpool football club are domiciled and have been since 1892. A major new stadium would be a showcase for the city sttracting tourists and putting the city on the map.
You may not care about this or John Henry but I do. I am quite sure if FSG made intentions in this direction with the £2 billion of central government funds flowing into the Liverpool city region long term grants might potentially be arranged at least to mitigate the cost which as I recall was the case in the H&G times but FSG feet dragging meant they lost patience, Your long term version is a much more risky one and probably the potential returns are not worth it. It will also put the club at a risk where at least 20m of cash will be required every year. I maintain that FSG are doing the right thing when it comes to LFC. If Liverpool City sees value in it, they should may be build it themselves and do a deal with LFC. Why did Moores want out and banks are still very stringent on loans especially to a company in negative equity. Stop dreaming or go and try to put up a consortium to take over with your great plans, I doubt you'll get anybody to follow your ideas.
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Joined: Mar 2011
Posts: 8,595
1st Team Squad
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1st Team Squad
Joined: Mar 2011
Posts: 8,595 |
I have been managing companies since 1985.
Moores wanted out and H&G were hit by the credit crunch and banks raising their loan criteria.
I disagree you always take the immediate viable option in business you take the most long term viable option if you want to grow and stay in business with an integrated plan allowing for growth and contingency factors.
Your notion the new build is crazy does not stand examination there were well advanced plans to build a new stadium including the granting of planning permission do you think it advanced that far on a crazy idea ?
No the about turn by FSG is they are looking to build the short term that gives them the optimum return, nice for them but not so great for Liverpool FC, the city and the fans whom will now grow up to a club limited in scope.
Notice how I keep saying city vish? the city of liverpool where Liverpool football club are domiciled and have been since 1892. A major new stadium would be a showcase for the city sttracting tourists and putting the city on the map.
You may not care about this or John Henry but I do. I am quite sure if FSG made intentions in this direction with the £2 billion of central government funds flowing into the Liverpool city region long term grants might potentially be arranged at least to mitigate the cost which as I recall was the case in the H&G times but FSG feet dragging meant they lost patience, Absolutely agree Stanley, imo that analysis is pretty irrefutable. FSG have done an about turn on the stadium and went for the cheap option. Commercial cowardice and short term financial expediency, no two ways about it. When you think about the consequences of this missed opportunity in terms of the club’s future income and infrastructural standing, relative to the best in the PL and Europe, you could say it’s almost criminal.
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Joined: Jan 2010
Posts: 22,926
Liverpool Legend
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Liverpool Legend
Joined: Jan 2010
Posts: 22,926 |
I have been managing companies since 1985.
Moores wanted out and H&G were hit by the credit crunch and banks raising their loan criteria.
I disagree you always take the immediate viable option in business you take the most long term viable option if you want to grow and stay in business with an integrated plan allowing for growth and contingency factors.
Your notion the new build is crazy does not stand examination there were well advanced plans to build a new stadium including the granting of planning permission do you think it advanced that far on a crazy idea ?
No the about turn by FSG is they are looking to build the short term that gives them the optimum return, nice for them but not so great for Liverpool FC, the city and the fans whom will now grow up to a club limited in scope.
Notice how I keep saying city vish? the city of liverpool where Liverpool football club are domiciled and have been since 1892. A major new stadium would be a showcase for the city sttracting tourists and putting the city on the map.
You may not care about this or John Henry but I do. I am quite sure if FSG made intentions in this direction with the £2 billion of central government funds flowing into the Liverpool city region long term grants might potentially be arranged at least to mitigate the cost which as I recall was the case in the H&G times but FSG feet dragging meant they lost patience, Absolutely agree Stanley, imo that analysis is pretty irrefutable. FSG have done an about turn on the stadium and went for the cheap option. Commercial cowardice and short term financial expediency, no two ways about it. When you think about the consequences of this missed opportunity in terms of the club’s future income and infrastructural standing, relative to the best in the PL and Europe, you could say it’s almost criminal. Always easier when it is not your own money at stake.
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Joined: Mar 2011
Posts: 8,595
1st Team Squad
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1st Team Squad
Joined: Mar 2011
Posts: 8,595 |
I have been managing companies since 1985.
Moores wanted out and H&G were hit by the credit crunch and banks raising their loan criteria.
I disagree you always take the immediate viable option in business you take the most long term viable option if you want to grow and stay in business with an integrated plan allowing for growth and contingency factors.
Your notion the new build is crazy does not stand examination there were well advanced plans to build a new stadium including the granting of planning permission do you think it advanced that far on a crazy idea ?
No the about turn by FSG is they are looking to build the short term that gives them the optimum return, nice for them but not so great for Liverpool FC, the city and the fans whom will now grow up to a club limited in scope.
Notice how I keep saying city vish? the city of liverpool where Liverpool football club are domiciled and have been since 1892. A major new stadium would be a showcase for the city sttracting tourists and putting the city on the map.
You may not care about this or John Henry but I do. I am quite sure if FSG made intentions in this direction with the £2 billion of central government funds flowing into the Liverpool city region long term grants might potentially be arranged at least to mitigate the cost which as I recall was the case in the H&G times but FSG feet dragging meant they lost patience, Absolutely agree Stanley, imo that analysis is pretty irrefutable. FSG have done an about turn on the stadium and went for the cheap option. Commercial cowardice and short term financial expediency, no two ways about it. When you think about the consequences of this missed opportunity in terms of the club’s future income and infrastructural standing, relative to the best in the PL and Europe, you could say it’s almost criminal. Always easier when it is not your own money at stake. I won’t dispute that point vish, but its our club and it’s long term future development that’s being crippled by this cowardice and short term expediency. that’s more important to me than short term financial returns for FSG. Like Stanley I can see why they opted for this cheap reconstruction, it makes financial sense from their perspective, It’s the best option for them, but it’s not the best option for Liverpool City, LFC or for us fans. No owner has the right to limit the ambitions of this great club for their own short term gain, but that’s what FSG doing with this option.
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Joined: Feb 2013
Posts: 7,446
1st Team Squad
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1st Team Squad
Joined: Feb 2013
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Quick question if building a new stadium is such a viable option and it's quite easy to manage the debt and loan repayments, why haven't we seen more teams just get on with it? Spurs have talked and talked about it, Everton dream about it, Chelsea want one.
It's just so easy to talk on a forum about how easy it is and how the owners should just get on with it. But reality is very different from fro. The dream land some people live in.
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Joined: Jan 2010
Posts: 22,926
Liverpool Legend
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Liverpool Legend
Joined: Jan 2010
Posts: 22,926 |
I have been managing companies since 1985.
Moores wanted out and H&G were hit by the credit crunch and banks raising their loan criteria.
I disagree you always take the immediate viable option in business you take the most long term viable option if you want to grow and stay in business with an integrated plan allowing for growth and contingency factors.
Your notion the new build is crazy does not stand examination there were well advanced plans to build a new stadium including the granting of planning permission do you think it advanced that far on a crazy idea ?
No the about turn by FSG is they are looking to build the short term that gives them the optimum return, nice for them but not so great for Liverpool FC, the city and the fans whom will now grow up to a club limited in scope.
Notice how I keep saying city vish? the city of liverpool where Liverpool football club are domiciled and have been since 1892. A major new stadium would be a showcase for the city sttracting tourists and putting the city on the map.
You may not care about this or John Henry but I do. I am quite sure if FSG made intentions in this direction with the £2 billion of central government funds flowing into the Liverpool city region long term grants might potentially be arranged at least to mitigate the cost which as I recall was the case in the H&G times but FSG feet dragging meant they lost patience, Absolutely agree Stanley, imo that analysis is pretty irrefutable. FSG have done an about turn on the stadium and went for the cheap option. Commercial cowardice and short term financial expediency, no two ways about it. When you think about the consequences of this missed opportunity in terms of the club’s future income and infrastructural standing, relative to the best in the PL and Europe, you could say it’s almost criminal. Always easier when it is not your own money at stake. I won’t dispute that point vish, but its our club and it’s long term future development that’s being crippled by this cowardice and short term expediency. that’s more important to me than short term financial returns for FSG. Like Stanley I can see why they opted for this cheap reconstruction, it makes financial sense from their perspective, It’s the best option for them, but it’s not the best option for Liverpool City, LFC or for us fans. No owner has the right to limit the ambitions of this great club for their own short term gain, but that’s what FSG doing with this option. You and SP need to move from a dream state to reality, a new stadium will mean above 20m yearly costs, I prefer to have those funds for players, we cannot have both as we have seen with Arsenal financing the Emirates.
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Joined: Aug 2011
Posts: 8,564
1st Team Squad
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1st Team Squad
Joined: Aug 2011
Posts: 8,564 |
You and SP need to move from a dream state to reality, a new stadium will mean above 20m yearly costs, I prefer to have those funds for players, we cannot have both as we have seen with Arsenal financing the Emirates.
And they went into that when they were more or less on top of things. I don't want to make that kind of compromise.
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