Kegler Super
Well-Known Member
- Joined
- 22 Sep 2019
- Messages
- 219
- Team supported
- Liverpool
Do you mean "within their means" by loading huge debt on the club or buy how it helped Bury? don't be naive, it's so nobody buys other good sized clubs so owners like yours could keep their place at the trough while leeching money out of the profits.
Our club is largely debt free. Our owners don’t take a penny out of the club, there’s plenty of transparent data on it. They make their money out of Liverpool FC by leveraging their value against buying another asset for the Fenway portfolio. Same as the guy who runs a property one. Buy a house, do it up and make it look shiny. Use the value of that to buy somewhere else. The problem we have is that all the extra equity that the club is worth doesn’t get seen by them, it’s FSG’s. All the money that comes in and out of the club though stays in there. We have to give them that to be fair.