Liverpool Rumours Archive March 01 2021

28 Feb 2021 23:48:28
Question for the eds. Reports surfacing or resurfacing of some potential investment and linking up on some way shape or form with toulouse. Not the Billy bean guy but someone else that wants to invest in European clubs. Apparently the deal could be done in a couple months. Bullsssst or real deal?

{Ed002's Note - It is the samething without Billy Beane and all of his money. Redbird is the remnants of the Redball investment company that Gerry Cardinale and Billy Beane (a self-confessed Liverpool supporter who owns much of the Oakland As and is the "moneyball" guru) set up last year to buy 20% of FSG (not of Liverpool per se, but of all FSC assets - so part of Liverpool, the Red Sox, the racing business etc.). Whilst they had raised circa £400M through a public offering they could not raise the further £700M required to make that happen. At this point Billy Beane stepped away leaving Cardinale and his Redbird investment company that he used as a vehicle to buy Toulouse (and appoint Damien Comolli as their Chairman). Whilst FSG would like an investor to sell part of Liverpool to (particularly given their major financial issues at the moment), it is questionable whether any of the high-profile expensive EPL sides has the growth potential of other sides across Europe meaning that a merger-like solution would suit everyone best. Clubs like Liverpool, Manchester United and Chelsea will see growth potential flatten out whilst the chance of growth remains elsewhere - and remember these folks are investing other people's money - not their own. As such Cardinale has a plan to slowly merge with FSG rather than simply invest in it – his vision being creating another City Group or Red Bull type set up. Noteworthy is that the former Premier League chair Richard Scudamore joined the board of the now shelved Billy Beane RedBall Acquisition Corporation and he has been giving advice. At that point they were looking for investment funds to go beyond a merger and look to buy a decent club in mainland Europe or the lower end of the Premier League as well – that idea is shelved for now.}

01 Mar 2021 10:00:13
Thanks Ed. Hope it goes through and at least some funds are made avaliable for improving the squad. Would this link up help us commercially? I'm sure the big clubs are always trying to find new ways to squeeze more money into the clubs.

{Ed002's Note - The money goes to the owners not the club.}

01 Mar 2021 10:08:47
What’s your thoughts on Damien Comolli ed002?
He always comes in for a lot of ridicule but seems to always land himself top jobs.

{Ed002's Note - You should go back and find what I said when Liverpool appointed him.}