27 Aug 2018 21:06:47
any updates on ojo?
{Ed002's Note - He has no future at Liverpool and there is interest from Middlesbrough - expect him to leave this week.}
27 Aug 2018 23:21:59
Shame that, thought he was going to be a good player for us. Good luck to the lad.
Wasn’t he thought of as one of the best young prospects in the world at one time? Sure Ed002 once said something along those lines? I could be mistaken.
{Ed002's Note - In 2013 he was pointed out as one of a handful of players who would do well when they grew up.}
27 Aug 2018 23:54:10
I thought he looked really good when he played a bunch of league games during our Europa League run a couple of seasons ago but he doesn’t seem to have kicked on since then.
28 Aug 2018 00:53:22
Shame, you always hope academy products will succeed. He's been unlucky with injuries and at times it felt like the club not having concrete plan for him may have hindered his development. That said, he isn't where he needs to be to mount a challenge for first team football. Physically he's definitely there, but he has been from a young age. Mentally he doesn't seem sharp enough and he;s always lacked consistency when on loan (even when given regular game time), especially with regards to his end product.
Best of luck to the lad though, hope he gets a move and regular football. Who knows, might just be a late bloomer that turns into a world beater.
28 Aug 2018 08:08:33
It's a real shame, I really thought he was going to be the next big thing for us a few years ago, unfortunately it didn't work out for him. Good luck to the lad, fingers crossed he has a great career elsewhere.
27 Aug 2018 23:45:31
Wow, was it that long ago. What happened to him Eds? Don’t remember seeing any bad press about him, did he just not progress as well as expected or did the club not make the best decisions regarding his development?
{Ed002's Note - I am not aware of any bad press for him - but Liverpool's focus is very much on bringing players in from outside so he won't get the chances he perhaps thinks he deserves.}
28 Aug 2018 10:43:59
He's suffered quite a few injuries in the last two years. He broke a bone in his neck two seasons ago and then he dislocated his shoulder last season.
Unfortunately these seem to have stunted his progress.
It's a shame as Robertson, TAA and Gomez have shown that Klopp has trust in youth and with TAA and Gomez will promote from within if he thinks they're good enough.
{Ed002's Note - TAA yes, Roberton was not first choice for the club and Gomez is only playing as cover. The clubs plan right nopw is to buy the Premier League at all cost - and the debt has been increasing again at an alarming rate in order for them to do that.}
28 Aug 2018 11:14:00
Apparently stad reim are a possible destination on loan.
{Ed002's Note - Stade de Reims would be a very poor choice (although they are still looking for a couple of loans) due to language issues if nothing else. Whilst many of the players will speak English the club is full of African players from French speaking nations and an Argentine player who speaks fluent French. If a deal can be struck with Middlesbrough it should provide a good opportunity for him.}
28 Aug 2018 16:24:46
To be fair Nathan AKe was on that list as well. Things don't always work out.
{Ed002's Note - The list was written when the players were young and unknown. Ake is a full Dutch International and a starter in the Premier League, he has a Europa League winners medal etc.. This type of post is a demonstration of why it is pointles sharing anything interesting with the Liverpool supporters to be honest. I'll avoid it in the future.}
28 Aug 2018 19:09:40
redphil, Ake has achieved a significant amount compared to Ojo who is still waiting to have a full season at any clhb.
Whilst they were both very highly rated at a young age, clearly Ake has shown that he can perform at a high level. Compared to Ojo who hasn’t other then sporadic games in the championship.
I apologise Ed I enjoy the valued knowledge that you have imparted on us and find it very interesting and I agree with what you have said with regards to Ojo.
28 Aug 2018 19:54:59
Ed002 - I' now highly confident that you don't know your eggs when it comes to Liverpool's finances. The intention isn't to buy the league - just to compete given better commercial performance, and consecutive champions league qualifications. Last year's figures, when released later this year show a large profit, in part due to the Coutinho sale, but also, a sizeable sale of players, bookable in that financial period.
The investment for this season is higher, but it's nowhere near the heights of City and Chelsea way back when. When accounting for inflation, Liverpool are nowhere near those two clubs in terms of outlay - and the debt is manageable, and not much higher than last seasons finances.
I seem to remember Chelsea buying the league a few years back, and since they stopped spending, they haven't amounted to much. Funny that.
{Ed002's Note - You moronic posts about finances are embarrassing. Please tell me how much money will be shown in last years figures for the sale of Coutinho? Why do you keep mentioning other clubs who don't even appear in the list of the most debt ridden clubs - it is embarrassing. It think you will find Chelsea might have done OK in recent years - this sort of trash makes you look particularly stupid. Liverpool are the fifth most debt rifden club in World football from the latest figures submitted, and the growth rate is the second highest year on year.}
28 Aug 2018 20:06:17
ED02 I always enjoy your input and look through the posts for nuggets like these.
If you do not engage the LFC supporters then their only form of education is the usual media and socual media.
I think a lot of visters/ posters to this site are still in transition and crossing over from the junk in mainstream media, hence their lack of knowledge and their narrow viewpoints.
Remember that there are many of us who value your work, along with the other ED's too.
It is just abt a little perseverance with us at times!
I have not bothered to read any sports back pages since discovering this site, which is a testomant to you and all the EDs
Thanks.
{Ed002's Note - You are very sweet.}
28 Aug 2018 20:48:20
....
{Ed002's Note - We are not going to post your rubbish - you don’t seem keen on what Liverpool will be declaring in the accounts for Coutinho - and seemingly have zero grasp of the situation at the club at all.}
28 Aug 2018 23:07:34
I agree with RedKurd, Ed02's insights are always helpful and illuminating. His comments about Liverpool's debt prompted me to do some research and I found those figures in UEFA's Club Licensing Benchmark Report 2016 (latest) . Slide 122!
The debt figures are concerning (although multiple of revenue isn't too bad) and I would agree that Liverpool are spending big to win silverware. not the first club to have tried this. Satisfying to see Utd still on top!
Ed02, I wonder whether Liverpool's growth rate that year was particularly high due to the Main Stand/ shop development and the low-interest loan from FSG (1.24% according to the Telegraph)? I'm not sure if it was that financial year?
With increased matchday revenues from the redevelopment, recent new sponsorship deals and the revenue boost from reaching the Champions League final (hopefully not a one-off), do you think the debt position will improve or is this an ongoing high-leverage strategy? Within FFP rules, of course.
{Ed002's Note - The increased match day income is minimal. The increased PL money is not. The money spent in cash this year and in 2017 is very significant (including £79M in payments for players purchased but not paid for in previous years. All but £5M of the money spent on VVD and the agent fees was in cash. We are going to give up again on the money as it is clear people simply don’t get it.}
28 Aug 2018 23:17:25
@Vagus : “Ed002 - I' now highly confident that you don't know your eggs when it comes to Liverpool's finances. â€
Hmmm, you may want to have a rethink on that.
I’m pretty certain ed002 knows more than you do about our finances. ðŸ‘.
29 Aug 2018 00:32:34
Ed02, please don’t let the stupid internet trolls ruin things for everyone. It is clear that some of the people who visit this site only do so to get a rise out of fans and make everyone look bad. I think I speak for most here when I say that your posts provide excellent insight into the club. Thanks for all you do.
{Ed002's Note - It means that we have to be careful what is shared and which questions are answered.}
29 Aug 2018 05:30:57
It's ok for the club to carry some debt so long as yearly revenue exceeds debt service and expenditures by a considerable margin. The club's name still has value and the owners can sell it with the attached debt if they so choose. What's more troubling is that the club seems to be had in the market again and again. Why are we paying the majority of transfer fees in single installments upfront and selling players for fees paid in installments?
{Ed001's Note - not sure how that is being had? It means there is regular income from the instalments, while the outgoings are pretty much accounted for immediately. Payment terms make little real difference in that respect, there are pros and cons to either way of doing it.}
29 Aug 2018 07:03:14
Ojo isn’t good enough. I have said that on here time and time again, I have never seen the hype with him. Hopefully for his sake he can move on to a level more suited to his game currently and build himself up and prove me wrong but for me we are 100% correct in getting rid.
29 Aug 2018 09:18:49
Ahhh it's that time of year again when a new poster of limited experience tries to 'teach' ED002 about finances. I always enjoy the Ed's responses to these - thanks for the info Ed;s, as always it is appreciated.
29 Aug 2018 10:09:26
I don’t think Ojo was given enough first team opportunities.
The few chances he got he didn’t look out of place IMO.
29 Aug 2018 12:19:11
Ojo was injured several times both with us and on loan and by the time he came back, he'd just been firmly overtaken by others so that even if Klopp at some point decides to give our youth products some chances, it won't be him (particularly Wilson and Woodburn) . It's sad but it's life and he's making the right decision at 21, where he needs to be starting to get regular full games to progress. Hopefully he stays injury free and salvages a bright and positive career.
29 Aug 2018 19:12:32
Re% the debt, its it look y to be something that is sustainable with current TV revenues or will it likely end up outstripping even that?
{Ed002's Note - It needs to be dealt with.}