Bb
I have read that FSG are underwriting the £110m required (interest free) for this expansion, and the additional seating (and everything that goes with it) will generate (approximately) an additional £18-20m per year. The interest free loan will be paid back over 5.5 years.....
In other words, every penny of the additional revenue for this expansion will go back to FSG until the debt is cleared. Therefore, the club will not benefit from this until 2020.
IF you were FSG would you not do the same? Is it a business to them or a love child or pet project? Why are they millionaires? Because they don't let sentimental bs interfere with making money which is why they bought LFC.
Absolutely right but this does not help us as Liverpool fans does it ? I am not John Henry's accountant or financial adviser were I then I would probably advise him to suck the life out of Liverpool FC spend as little as possible and get out just at the right moment. Bye bye Liverpool FC as a top club at least over the last 20 years at least we pretended we were a top club now we don't even have that !
You love the club but don't want to pay more to watch the game, however, you want FSG or anybody else to throw their money in a pit (you know it, football is not a good investment), how does this work? Why should others throw away big money when you are not ready to do it yourself, I really can't get it or is it just wanting something like a kid in a toy shop?
