08 Feb 2016 15:14:09
since FSG took control of the club over 5 years ago, they have slashed the wage bill, with the likes of Reina, Gerrard, Carragher, Torres, Kuyt, Maxi and Suarez all leaving to be replaced by much lower earners. I'd love to know the annual savings on the wage bill over this period, but it's clear to see that once that saving is offset against the sub-£25m transfer kitty FSG have provided every year, they haven't dug that deep into their own funds at all.
During the last 5 years, Liverpool's income has increased to stratospheric levels both from the increased TV money and from club-record sponsorship and commercial deals .
08 Feb 2016 23:35:47
And The team is now worth nothing. We have probably Coutinho who is worth around 30 mil.
Nobody would pay even 20 for anybody else imo.
We need a Klopp miracle, maybe get some German talent in.
08 Feb 2016 23:39:46
J, was your expectations that they was going to come into a club riddled with debt with zero guarantee of success and throw all of there previously earned money into it and have nothing left for the other businesses. It's like buying a car from a sales man. Your going to hear what you want from him buying the motor. When it all costs you money at a later date. He's looking for his next pound to be earnt.
They are business men looking to earn money from the purchase of the club. I have no doubt they craved success in their tenure and still do but for our reasons on top of their own financial gain.
Been said so much by the Ed's on this page. We're years behind others when we should of been doing what we are now when Moores had the club! He fleeced us. Hicks and Gillete were a shambles and FSG are looking to earn a decent profit from us with success along the way.
08 Feb 2016 23:45:45
Slashed the wage bill?
FY 2007, staff costs of £77.6M
FY 2008, staff costs of £89.7M
FY 2009, staff costs of £96.1M
FY 2010, staff costs of £114.3M
FY 2011, staff costs of £128.8M
FY 2012, staff costs of £109.2M (10 month FY)
FY 2013, staff costs of £130.8M
FY 2014, staff costs of £143.7M
I certainly notice a trend and it's not negative.
08 Feb 2016 23:57:27
Im not sure the wage bill is lower at all. Anyone with any figures?
09 Feb 2016 00:29:27
J, mate.
You do remember FSG owned the club when we bought Suarez, right? They didn't inherit him and his wages and then offloaded him to make a saving on the wage bill as your post would seem to imply.
In the current squad, Firmino, Benteke, Henderson, Sturridge and Milner are all reportedly on £100k or over basic wage. Not to mention that we have the biggest first team squad that I can remember us having. I'd say that offsets any wage savings made by previous high-earners leaving.
And BR spent £93m nett just in transfer fees in three years (loan fees, signing on fees, agent fees etc. would all have to be added on), so sub-£25m a year transfer kitty is also wrong.
I'm not going to even bother going into the whole part where they bought a club running at a massive ongoing loss.
09 Feb 2016 01:48:22
It's just another "fan" spewing nonsense at the owners that they completely made up just to sound smart. It's pathetic really. Do you moaners read nothing on the site? 1
Million pounds lost per week for the first 3 years? Is that not registering upstairs?
09 Feb 2016 02:12:11
So J, are you satisfied or dissatisfied with the owners? I don't follow what you're trying say - maybe because I believe your figures, assumptions and reasoning are wide of the mark. Income may have gone up, but so too has the expenditure. It has been made apparent on this site on many occasions, just how much money is being spent and that quite a lot of it was unnecessary expenditure incurred to appease fans. The owners have not been thrifty at all - they have been wasteful, but at least you can't say they haven't been supportive.
09 Feb 2016 03:00:27
Ridiculous post based on nothing but assumptions. Show some numbers to back up your fantasy.
FSG are owners acting in the best interests of the club, which is trying to be profitable. Would have rather them did what happened to Malaga? Come in, spend loads of money on players, earn one year of champions league and then leave the club to rot?
So sick of the whining.
09 Feb 2016 04:05:31
if we start selling our players we have 100 million worth of players to sell not including coutinho, but including benteke.
09 Feb 2016 04:25:31
Happy to see other posters have debunked some of the patently false crap being slung at FSG.
I'm not the biggest fan of FSG, but all of these claims that they're sucking money out of LFC to subsidize the Redsox are total baloney.
Look, the ticket price rise was a huge mistake and they're already in the process of reviewing it and changing course. And, they literally just signed us Klopp a few months ago, the first truly world class manager we've had since Rafa.
It is one thing is insist that ticket price increases are pricing out segments of the traditional fan base-- a fair point-- but quite another to act like self-entitled ****s, making false claims about under-spending.
09 Feb 2016 07:45:37
Reina - pushed his way out
Carra - retired of his own accord
Suarez - it's been covered above
Gerrard - should have gone a year earlier
Torres - wanted out, is a shadow of his former self since and they reinvensted that 50 mil into Suarez and Carroll
High earners brought in since - benteke, Milner, firmino, Sturbridge, couts, ballotelli, hendo on I'm sure a much improved contract.
Truly embarrassing post.
09 Feb 2016 09:44:44
we have potentially alberto, allen, one of sakho skrtel or illori, one of benteke sturridge, enrique, balotelli, markovic, texeira/ coutinho (pretty sure one will go), mignolet or bodgan, moreno to sell that is a lot of players we either don't need or they won't stay. i still am not sure i have got all. FSG have invested in squad. and most of the players we still can sell at decent prices if we sell right. its not right so say its all miserable. we just have clear our squad which has just too many player and address three areas top class GK, Leader defender and a winger. we have players like gomez, origi, smith, kent, ojo, ibe, rossister, brannagan, canos, who can fill in places. its not all bad. if we can move our players at good prices we have enough to fund our required signings and knock off some debt. with tv revenue coming up i think players can be sold at good prices because lower clubs also get the money. its not hopeless but FSG need to be complete business oriented in summer. they should sell players first and then just by a class keeper, a defender and a winger. with firmino/ ings/ ibe/ one of sturridge or benteke we have enough strikers on our books. hell we don't even need a winger if markovic stays.
09 Feb 2016 00:14:15
I understand some of what your saying specially about previous owners and wile I think we could of done worst than FSG I think they could of done a lot better . Maybe things will be learnt regarding mistakes and edd002 has said changes have been made regarding scouting and transfer committee, my problem has been more this transfer committee thing and what we've spent and wasted and how they have been advised but iv gone on an on about that so I'm leaving that now . Ha . I hope the club and supporters can come out the other side of all this and look back one day and say that was were the club turned it fortunes around .
09 Feb 2016 12:38:03
You ignoring the posts pointing out with facts why your post made no sense?
09 Feb 2016 14:23:20
Well Red J as per Shane above are you just going to ignore the posts showing that yours is completely false about wages etc?
Or maybe you just keep clicking disagree to those posts.
09 Feb 2016 14:23:20
Well Red J as per Shane above are you just going to ignore the posts showing that yours is completely false about wages etc?
Or maybe you just keep clicking disagree to those posts.
09 Feb 2016 14:53:49
I'm still trying to figure out why anyone would disagree with my post? It's literally data taken from the club's accounts posted to Companies House. It's public information that takes about 30 seconds to find via google.
09 Feb 2016 17:33:04
@RDL, the Agree / Disagree was a nice addition to the site.
Currently being ruined by trolling.