LFC SOLD to NESV.

[Squiggles]

Re: LFC Sold to NESV (New England Sports Ventures)

[quote author=Delinquent link=topic=41783.msg1189729#msg1189729 date=1286350062]
The fact that they're American doesn't bother me in the slightest. I think it's quite ridiculous that a whole nation should be tarnished by the actions of a couple of greedy businessmen. That's not to say that the new bunch aren't greedy businessmen too, but their suitability should not be determined by their nationality. There are cunts all over the world, in all walks of life.

So we're not getting a sugar daddy - big deal. I'd take a sustainable business model over the current debacle any day of the week.
[/quote]

Spot on

 

[manwithnoname]

Re: LFC Sold to NESV (New England Sports Ventures)

Bleacher Report:

"The problem lies in the fact that Henry’s group was highly leveraged when they bought the Red Sox, so they need to keep the team winning to pay the bills. This is why Theo Epstein once quit the Red Sox. He wanted to step back for a season and regroup to set the franchise up for the long haul. The people who control the money wanted to win each and every year, because that’s how they pay the bills".

 

[LadyRed]

Re: LFC Sold to NESV (New England Sports Ventures)

[quote author=Brendan link=topic=41783.msg1189860#msg1189860 date=1286357579]
Bleacher Report:

"The problem lies in the fact that Henry’s group was highly leveraged when they bought the Red Sox, so they need to keep the team winning to pay the bills. This is why Theo Epstein once quit the Red Sox. He wanted to step back for a season and regroup to set the franchise up for the long haul. The people who control the money wanted to win each and every year, because that’s how they pay the bills".
[/quote]

Haha, that business model would work *brilliantly* for us right now.

I think I might cry by the end of the day.

 

[Jack D Rips]

Re: Club Refinance Thread

[quote author=Terrier link=topic=41783.msg1189849#msg1189849 date=1286357142]
[quote author=LadyRed link=topic=41783.msg1189847#msg1189847 date=1286357060]
I feel anxious about the whole thing.

I don't know anything about the Red Sox, but the whole idea of being brought by another American Sporting Franchise just makes me feel apprehensive. I'd rather we were being brought by someone with huge wealth who was gonna spend it recklessly, God knows our squad needs it.

The only thing worse than keeping these guys here is flogging the club off to anyone, I'm not saying that this is what's happening, just that none of us can say with certainty that it isn't.

This is far from over, even if the sale is made, we have a logn and patient slog of seeing what these guys have planned for us.


Once bitten, twice shy.
[/quote]


Precisely.

All we wanted was a freaking sugar daddy.
[/quote]

Terier would you stop fucking talking about oil rich Arabs and sugar daddies throwing their money at us for a bit of fun. THAT IS NOT AND NEVER WAS GOING TO HAPPEN.

 

[ILD]

Re: LFC Sold to NESV (New England Sports Ventures)

Saw this on another site.

from a redsox forum
Re: John Henry bids for Liverpool FC
He's a serious owner. He's very interested in winning and maxamizing his investment, realizing that the two go hand in hand. He's occasionally sloppy with his communication tactics, but he also spends a lot of money and brings in good talent. Overall I have been impressed with this ownership group. They took on the challenge of winning a championship for a team that had not won for 86 seasons prior and won two championships in a 4 year period.

 

[spider-Neil]

Re: LFC Sold to NESV (New England Sports Ventures)

the new owners shouldn't be scared to make sweeping changings, the first of which being the immediate removal of the hapless hodgson.

 

[spider-Neil]

Re: LFC Sold to NESV (New England Sports Ventures)

[quote author=ILD link=topic=41783.msg1189866#msg1189866 date=1286357821]
Saw this on another site.

from a redsox forum
Re: John Henry bids for Liverpool FC
He's a serious owner. He's very interested in winning and maxamizing his investment, realizing that the two go hand in hand. He's occasionally sloppy with his communication tactics, but he also spends a lot of money and brings in good talent. Overall I have been impressed with this ownership group. They took on the challenge of winning a championship for a team that had not won for 86 seasons prior and won two championships in a 4 year period.
[/quote]

sounds very good indeed 🙂

 

[Hansern]

Re: LFC Sold to NESV (New England Sports Ventures)

No points penalty possible for Reds, say Premier League

10/6/2010 - 10:26:04 AM

The Premier League will not dock points from Liverpool if the club’s American owners’ company Kop Holdings goes into administration next week, it can be revealed.

There have been suggestions that if Tom Hicks and George Gillett block a £300m (€344m) takeover for the club by New England Sports Ventures, owners of the Boston Red Sox baseball team, then their holding company would be put into administration by the Royal Bank of Scotland over their unpaid £280m (€321m) debts.

That would not lead to an automatic points deduction for the Reds however – the Premier League have clarified the rules regarding parent companies so that if the club itself is a fully solvent entity – as Liverpool is – then the penalty clause should not apply.

A Premier League source said: “The aim of the regulations is primarily to capture clubs who have gone into insolvency. This is manifestly not the case with Liverpool Football Club.â€

For example, last year West Ham’s Icelandic owners went into administration but that did not lead to any Premier League action as the club itself was solvent.

All prospective owners are obliged to give the league 10 days’ notice of a takeover and prove they have the funds to sustain the club.

Any prospective owners have to have a face-to-face meeting with league chiefs to convince them they have enough money for the season to come.

 

[Insignificance]

Re: LFC Sold to NESV (New England Sports Ventures)

[quote author=ILD link=topic=41783.msg1189866#msg1189866 date=1286357821]
Saw this on another site.

from a redsox forum
Re: John Henry bids for Liverpool FC
He's a serious owner. He's very interested in winning and maxamizing his investment, realizing that the two go hand in hand. He's occasionally sloppy with his communication tactics, but he also spends a lot of money and brings in good talent. Overall I have been impressed with this ownership group. They took on the challenge of winning a championship for a team that had not won for 86 seasons prior and won two championships in a 4 year period.[/quote]

Some day someone will say the same about our, at that given time, new owners......

 

[LadyRed]

Re: LFC Sold to NESV (New England Sports Ventures)

Anyone got a link of where I can listen to this Five Live interview?

 

[El Pistolero]

Re: LFC Sold to NESV (New England Sports Ventures)

I don't know how he is buying us without lending the money does anyone know how he is purchasing us. I only ask as the man is only worth £530 mill and i doubt he's cashing in some of his worth to purchase us.

 

[Atlas]

Re: LFC Sold to NESV (New England Sports Ventures)

Was there not something about hicks spending loads of money at his football club? And he helped them get a trophy afters years of nothingness. I'm just not sure about all this, though I agree we need to get out of the frying pan first

 

[Atlas]

Re: LFC Sold to NESV (New England Sports Ventures)

Also nesv, do they own anything else apart from the red sox? If not it's the same as kop holdings

 

[Hansern]

Re: LFC Sold to NESV (New England Sports Ventures)

[quote author=Redshrek link=topic=41783.msg1189874#msg1189874 date=1286358268]
I don't know how he is buying us without lending the money does anyone know how he is purchasing us. I only ask as the man is only worth £530 mill and i doubt he's cashing in some of his worth to purchase us.
[/quote]

NESV is more than Henry though. And if his plans have been approved by the board I'm optimitstic that they have got the money. They haven't even given an interview yet, and there could be other backers behind this group that we're not aware of.

 

[gene hughes]

Re: LFC Sold to NESV (New England Sports Ventures)

Well, hopefully we'll get a couple of good signings out of this before it all goes pear shaped.

 

[Squiggles]

Re: LFC Sold to NESV (New England Sports Ventures)

The bottom line is this offer has been considered and thought through over a matter of weeks, which is some grounds for comfort.

This isn't Moores taking "assurances" from some cunt he just met.

 

[Judge Jules]

Re: LFC Sold to NESV (New England Sports Ventures)

Redshrek - with the exception of mega-rich oil sheikhs, anybody buying us would probably borrow at least part of the purchase price. It would be very unusual for even very rich people to put their own money straight into a deal this big.

Asim - I don't remember that, but you could be right. However, the turnaround won't have been as big as it was at the Red Sox. Imagine somebody like maybe Notts County becoming league champions today. That's what happened in Boston.

 

[Jack D Rips]

Re: LFC Sold to NESV (New England Sports Ventures)

From Wiki

New England Sports Ventures LLC is the parent company of the Boston Red Sox of Major League Baseball. The Boston-based limited liability company also owns Fenway Park and the Fenway Sports Group (which in turn owns the Salem Red Sox of the Class A Carolina League, a minor league baseball franchise), plus 80 percent of the New England Sports Network and 50 percent of Roush Fenway Racing, a NASCAR team. On the 6th October 2010 Liverpool FC accepted a bid to take control of the club subject to a legal dispute. NESV was founded in 2001 when John W. Henry joined forces with Tom Werner, Les Otten, The New York Times Company (which owns 16.58 percent[1]) and other investors to successfully bid for the Red Sox.

 

[Hansern]

Re: LFC Sold to NESV (New England Sports Ventures)

Officers
John W. Henry, principal owner
Thomas C. Werner, chairman
David Ginsberg, vice chairman
Philip H. Morse, vice chairman
Larry Lucchino, president and CEO
Ed Weiss, general counsel
[edit] Partners
Theodore Alfond
William Alfond
Thomas R. DiBenedetto
Michael Egan
Michael Gordon
John A. Kaneb
Seth Klarman
Henry F. McCance
The New York Times Company
Arthur E. Nicholas
Frank Resnek
Martin Trust
Jeffrey Vinik

Haven't googled all of these people, but Kaneb has a personal wealth of 2,2 billion.

 

[Jack D Rips]

Re: LFC Sold to NESV (New England Sports Ventures)

[quote author=Hansern link=topic=41783.msg1189889#msg1189889 date=1286359028]
Officers
John W. Henry, principal owner
Thomas C. Werner, chairman
David Ginsberg, vice chairman
Philip H. Morse, vice chairman
Larry Lucchino, president and CEO
Ed Weiss, general counsel
[edit] Partners
Theodore Alfond
William Alfond
Thomas R. DiBenedetto
Michael Egan
Michael Gordon
John A. Kaneb
Seth Klarman
Henry F. McCance
The New York Times Company
Arthur E. Nicholas
Frank Resnek
Martin Trust
Jeffrey Vinik

Haven't googled all of these people, but Kaneb has a personal wealth of 2,2 billion.
[/quote]

I just knew my email would work

 

[Bazza The Kopite]

Re: LFC Sold to NESV (New England Sports Ventures)

HAs that Broughton interview been on 5Live yet?

 

[gene hughes]

Re: LFC Sold to NESV (New England Sports Ventures)

Is anyone else wearing their red socks today?

 

[TheBunnyman]

Re: LFC Sold to NESV (New England Sports Ventures)

[quote author=Brendan link=topic=41783.msg1189860#msg1189860 date=1286357579]
Bleacher Report:

"The problem lies in the fact that Henry’s group was highly leveraged when they bought the Red Sox, so they need to keep the team winning to pay the bills. This is why Theo Epstein once quit the Red Sox. He wanted to step back for a season and regroup to set the franchise up for the long haul. The people who control the money wanted to win each and every year, because that’s how they pay the bills".
[/quote]

They wanted to win every year? Those ruthless, money-grabbing BASTARDS!

 

[manwithnoname]

Re: LFC Sold to NESV (New England Sports Ventures)

[quote author=TheBunnyman link=topic=41783.msg1189896#msg1189896 date=1286359384]
[quote author=Brendan link=topic=41783.msg1189860#msg1189860 date=1286357579]
Bleacher Report:

"The problem lies in the fact that Henry’s group was highly leveraged when they bought the Red Sox, so they need to keep the team winning to pay the bills. This is why Theo Epstein once quit the Red Sox. He wanted to step back for a season and regroup to set the franchise up for the long haul. The people who control the money wanted to win each and every year, because that’s how they pay the bills".
[/quote]

They wanted to win every year? Those ruthless, money-grabbing BASTARDS!
[/quote]

No, you flid, they had a business model that required it, because it was a higly-leveraged buy-out and the debt was so high. This also meant that the Red Sox have had prices increased to such a level that they are the second-most exepensive team to watch in the country. And they can't afford a new stadium either.

 

[TheBunnyman]

Re: LFC Sold to NESV (New England Sports Ventures)

[quote author=Brendan link=topic=41783.msg1189897#msg1189897 date=1286359531]
[quote author=TheBunnyman link=topic=41783.msg1189896#msg1189896 date=1286359384]
[quote author=Brendan link=topic=41783.msg1189860#msg1189860 date=1286357579]
Bleacher Report:

"The problem lies in the fact that Henry’s group was highly leveraged when they bought the Red Sox, so they need to keep the team winning to pay the bills. This is why Theo Epstein once quit the Red Sox. He wanted to step back for a season and regroup to set the franchise up for the long haul. The people who control the money wanted to win each and every year, because that’s how they pay the bills".
[/quote]

They wanted to win every year? Those ruthless, money-grabbing BASTARDS!
[/quote]

No, you flid, they had a business model that required it, because it was a higly-leveraged buy-out and the debt was so high. This also meant that the Red Sox have had prices increased to such a level that they are the second-most exepensive team to watch in the country. And they can't afford a new stadium either.


[/quote]

But they won their equilvalent of the league twice in four years after 86 years without winning it? I think I could take that, just about.

And if their business model requires us to be winning things, that means they'll have no choice but to invest in the team. Which is what we all want, isn't it?

 

[El Pistolero]

Re: LFC Sold to NESV (New England Sports Ventures)

[quote author=Brendan link=topic=41783.msg1189897#msg1189897 date=1286359531]
[quote author=TheBunnyman link=topic=41783.msg1189896#msg1189896 date=1286359384]
[quote author=Brendan link=topic=41783.msg1189860#msg1189860 date=1286357579]
Bleacher Report:

"The problem lies in the fact that Henry’s group was highly leveraged when they bought the Red Sox, so they need to keep the team winning to pay the bills. This is why Theo Epstein once quit the Red Sox. He wanted to step back for a season and regroup to set the franchise up for the long haul. The people who control the money wanted to win each and every year, because that’s how they pay the bills".
[/quote]

They wanted to win every year? Those ruthless, money-grabbing BASTARDS!
[/quote]

No, you flid, they had a business model that required it, because it was a higly-leveraged buy-out and the debt was so high. This also meant that the Red Sox have had prices increased to such a level that they are the second-most exepensive team to watch in the country. And they can't afford a new stadium either.


[/quote]

This is my worry that we just rush right into another fucking disaster with our vision blinded by the fact our current owners are so shite and of course this deadline.

 

[peterhague]

Re: LFC Sold to NESV (New England Sports Ventures)

[quote author=Judge Jules link=topic=41783.msg1189883#msg1189883 date=1286358691]
Redshrek - with the exception of mega-rich oil sheikhs, anybody buying us would probably borrow at least part of the purchase price. It would be very unusual for even very rich people to put their own money straight into a deal this big.

Asim - I don't remember that, but you could be right. However, the turnaround won't have been as big as it was at the Red Sox. Imagine somebody like maybe Notts County becoming league champions today. That's what happened in Boston.
[/quote]


since when have notts county been a great name in the history of english football?!

there's probably no real equivalent to the red sox story in england, maybe the closest you could get would be someone like aston villa or sunderland or newcastle winning the league.

 

[manwithnoname]

Re: LFC Sold to NESV (New England Sports Ventures)

But they won their equilvalent of the league twice in four years after 86 years without winning it? I think I could take that, just about.

And if their business model requires us to be winning things, that means they'll have no choice but to invest in the team. Which is what we all want, isn't it?

Relying on success in order to stave off financial collapse? Hurray!

 

[TheBunnyman]

Re: LFC Sold to NESV (New England Sports Ventures)

Brendan, I've got a question. Putting aside all the usual forum points-scoring and one-upmanship, do you honestly believe this is bad news? Do you think Liverpool supporters should be out on the streets protesting against it? Do you have any alternatives in mind?

 

[peterhague]

Re: LFC Sold to NESV (New England Sports Ventures)

[quote author=Brendan link=topic=41783.msg1189897#msg1189897 date=1286359531]
[quote author=TheBunnyman link=topic=41783.msg1189896#msg1189896 date=1286359384]
[quote author=Brendan link=topic=41783.msg1189860#msg1189860 date=1286357579]
Bleacher Report:

"The problem lies in the fact that Henry’s group was highly leveraged when they bought the Red Sox, so they need to keep the team winning to pay the bills. This is why Theo Epstein once quit the Red Sox. He wanted to step back for a season and regroup to set the franchise up for the long haul. The people who control the money wanted to win each and every year, because that’s how they pay the bills".
[/quote]

They wanted to win every year? Those ruthless, money-grabbing BASTARDS!
[/quote]

No, you flid, they had a business model that required it, because it was a higly-leveraged buy-out and the debt was so high. This also meant that the Red Sox have had prices increased to such a level that they are the second-most exepensive team to watch in the country. And they can't afford a new stadium either.


[/quote]


i'm not sure if that last bit is right - what i read was that their fans revolted at the prospect of leaving their old ground, so instead it was rebuilt and higher prices charged to compensate for the small capacity. could be wrong, though.