TAKEOVER COMPLETE - H & G Finally Jibbed!
by Cool Hand Luke » Mon Aug 02, 2010 8:51 pm
We knew that several preliminary bids would have been lodged by this point, Broughton's comments at the Hodgson press conference more or less said so. Huang's is probably just one of many bids at this point. No need to get over excited.
i think yes what about you
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by Reg » Mon Aug 02, 2010 9:46 pm
bavlondon wrote:NANNY RED wrote:Broughton and investment bank Barclays Capital, who are leading the sale, will elect a preferred bidder by the end of next week.
Especially like this part. Will be madness until then with the rags printing all sorts but it really does look like the end is in sight. I just hope I don't see another yank with a shoddy history take power.
One question only:
Are we going to have another owner is only after increasing the value of the brand, or an owner who actually cares about LFC?
Massive difference between the two.
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by NANNY RED » Mon Aug 02, 2010 10:02 pm
Interesting read this
Overseas investors seek the pot of gold in football clubs' TV rightsFrom the New York Yankees to Liverpool, a scramble is under way to control international television rights from the sport's source
Matt Scott guardian.co.uk, Monday 2 August
2010 19.52 BST Article history
Kenny Huang, the Chinese businessman, who is connected to an offer to buy Liverpool Football Club.
How do you make a small fortune out of football? Start with a big one, or so the old saying goes. But as Kenny Huang bids to become the latest overseas owner to throw money at a Premier League club, perhaps the old truism is not so true after all.
The Chinese financier is only the frontman for the bid to buy Liverpool, which is being funded by an east Asian sovereign-wealth fund that is said to be every bit as rich as Manchester City's parent, the Abu Dhabi United Group. And these long-term investment Leviathans, backed with the wealth of entire nations, do not intend to fritter away a fraction of their funds in faraway football clubs.
Fans may wonder what English clubs have to offer. The answer lies not in their players nor even in their property, but in their profile. It might be a dirty word for season ticket holders, sick of hearing their clubs' chief executives talking more often of global exposure than of trophies, but "the brand" matters.
Incomes from domestic TV rights have reached a plateau of £594m a year from this season, up only marginally from £568m three years ago. By contrast, international television rights more than doubled from their £208m level in 2007 to about £460m. Thus, the growth in global interest in Premier League football has driven increasing revenues for member clubs, and the trends suggest these revenues will continue to rise.
For the evidence, it is necessary to look across the Atlantic. The US is a bellwether for media markets across the world and there the value of Yes, the New York Yankees' official cable TV network, exceeds that of the club itself by three to one. The numbers are astonishing. In 2007, the last formal valuation exercise conducted by Fortune magazine for Goldman Sachs, an investor in the network, assessed it to be worth at least US$3bn.
A year earlier the Yankees themselves, with all their superstar players and real estate, had been valued by Forbes magazine at a comparatively puny US$1bn.
The Yankees are baseball's biggest property but when set against the global appeal of football's biggest clubs, that is like saying they are the best hatchback in class. So far, however, football clubs have been unable to harness their undoubted popularity. No nation can boast anything like the sophisticated media infrastructure from which US sports consumers benefit. But that soon will change.
Owners with pockets deep enough consistently to sustain annual eight-figure losses over the next few years are betting that come the end of this decade, they will be richly rewarded. Coincidentally, on Saturday, Arsenal announced a new deal with MP & Silva, an international sports media company. It will lead to the Arsenal TV operation being renamed Arsenal Media, a switch that is more than semantic.
"The new Arsenal Media brand reflects the paradigm shift from a traditional television-centric approach to one that is focused on creating broader, multi-platform content and programme formats that can be effectively delivered and reappropriated across different broadcast and media channels," its chief executive, Andrea Radrizzani, said.
Amid Radrizzani's jargon there is a message: Once the global technological infrastructure is capable of sustaining high-definition broadcasting through broadband connections, clubs will be able to interact directly with overseas fans, all paying for the privilege.
Manchester United's owners, the Glazers, understand this. As do Tom Hicks and George Gillett, their Liverpool counterparts, but unfortunately for that pair they do not appear to have the wherewithal to be able to stay around long enough for the pot of gold. But the likes of Stan Kroenke at Arsenal do.
If you wonder why Kroenke has never increased his 29.9% stake and launched a full takeover bid for Arsenal, you are looking in the wrong place.
Two years ago he spent £22.7m in an unheralded deal to acquire 50% of Arsenal Broadband. Forget Arsène Wenger's inspired transfers: that could be the best bit of business anyone connected to the club has ever done.
Overseas investors seek the pot of gold in football clubs' TV rightsFrom the New York Yankees to Liverpool, a scramble is under way to control international television rights from the sport's source
Matt Scott guardian.co.uk, Monday 2 August
2010 19.52 BST Article history
Kenny Huang, the Chinese businessman, who is connected to an offer to buy Liverpool Football Club.
How do you make a small fortune out of football? Start with a big one, or so the old saying goes. But as Kenny Huang bids to become the latest overseas owner to throw money at a Premier League club, perhaps the old truism is not so true after all.
The Chinese financier is only the frontman for the bid to buy Liverpool, which is being funded by an east Asian sovereign-wealth fund that is said to be every bit as rich as Manchester City's parent, the Abu Dhabi United Group. And these long-term investment Leviathans, backed with the wealth of entire nations, do not intend to fritter away a fraction of their funds in faraway football clubs.
Fans may wonder what English clubs have to offer. The answer lies not in their players nor even in their property, but in their profile. It might be a dirty word for season ticket holders, sick of hearing their clubs' chief executives talking more often of global exposure than of trophies, but "the brand" matters.
Incomes from domestic TV rights have reached a plateau of £594m a year from this season, up only marginally from £568m three years ago. By contrast, international television rights more than doubled from their £208m level in 2007 to about £460m. Thus, the growth in global interest in Premier League football has driven increasing revenues for member clubs, and the trends suggest these revenues will continue to rise.
For the evidence, it is necessary to look across the Atlantic. The US is a bellwether for media markets across the world and there the value of Yes, the New York Yankees' official cable TV network, exceeds that of the club itself by three to one. The numbers are astonishing. In 2007, the last formal valuation exercise conducted by Fortune magazine for Goldman Sachs, an investor in the network, assessed it to be worth at least US$3bn.
A year earlier the Yankees themselves, with all their superstar players and real estate, had been valued by Forbes magazine at a comparatively puny US$1bn.
The Yankees are baseball's biggest property but when set against the global appeal of football's biggest clubs, that is like saying they are the best hatchback in class. So far, however, football clubs have been unable to harness their undoubted popularity. No nation can boast anything like the sophisticated media infrastructure from which US sports consumers benefit. But that soon will change.
Owners with pockets deep enough consistently to sustain annual eight-figure losses over the next few years are betting that come the end of this decade, they will be richly rewarded. Coincidentally, on Saturday, Arsenal announced a new deal with MP & Silva, an international sports media company. It will lead to the Arsenal TV operation being renamed Arsenal Media, a switch that is more than semantic.
"The new Arsenal Media brand reflects the paradigm shift from a traditional television-centric approach to one that is focused on creating broader, multi-platform content and programme formats that can be effectively delivered and reappropriated across different broadcast and media channels," its chief executive, Andrea Radrizzani, said.
Amid Radrizzani's jargon there is a message: Once the global technological infrastructure is capable of sustaining high-definition broadcasting through broadband connections, clubs will be able to interact directly with overseas fans, all paying for the privilege.
Manchester United's owners, the Glazers, understand this. As do Tom Hicks and George Gillett, their Liverpool counterparts, but unfortunately for that pair they do not appear to have the wherewithal to be able to stay around long enough for the pot of gold. But the likes of Stan Kroenke at Arsenal do.
If you wonder why Kroenke has never increased his 29.9% stake and launched a full takeover bid for Arsenal, you are looking in the wrong place.
Two years ago he spent £22.7m in an unheralded deal to acquire 50% of Arsenal Broadband. Forget Arsène Wenger's inspired transfers: that could be the best bit of business anyone connected to the club has ever done.
HE WHO BETRAYS WILL ALWAYS WALK ALONE
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by tubby » Mon Aug 02, 2010 10:15 pm
Reg wrote:bavlondon wrote:NANNY RED wrote:Broughton and investment bank Barclays Capital, who are leading the sale, will elect a preferred bidder by the end of next week.
Especially like this part. Will be madness until then with the rags printing all sorts but it really does look like the end is in sight. I just hope I don't see another yank with a shoddy history take power.
One question only:
Are we going to have another owner is only after increasing the value of the brand, or an owner who actually cares about LFC?
Massive difference between the two.
I think football has come a long way in the last 10 years so to an extent any prospective new owner will probably at best be half way between those 2. We would all want some financially sound person who is a red through and through but the reality is finding someone like that is like trying to win the lottery.
I think it's perfectly fair for any investor or new owner to want to see a return on their investment. It's a give and take these days, but it's a situation id at least want to see us in as it would mean we get the stadium sorted, that's the most important thing for me. We need the new stadium to be able to compete with the teams around us and we need to be spending more on quality players and wages. Otherwise we risk drifting further behind.
Last edited by tubby on Mon Aug 02, 2010 10:16 pm, edited 1 time in total.
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by Scottbot » Mon Aug 02, 2010 10:26 pm
An owner who cares about the club? Genuinely cares? Not a chance. That time has long passed. In fact, despite the criticism he received for a number of years I think Abramovich is the last truly wealthy individual who seems to have come in looking for a passion (hobby if you like) rather than being into football exclusively for the money, prestige or profile.
I just want an honest businessman/men in charge of the club as opposed to these lying, cheating shysters.
I just want an honest businessman/men in charge of the club as opposed to these lying, cheating shysters.
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by Igor Zidane » Mon Aug 02, 2010 10:39 pm
ffs trust me to be stuck in pompey while all this is going on. Just nicked me nieces lappy to get an update. Anyway like most on here i'll believe it when it's officially announced ,til then i remain sceptical. We must not make the same mistake again , new owners must be held to account .
UP THE PURPS !!!
https://www.colfc.co.uk/
https://www.colfc.co.uk/
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by Scottbot » Mon Aug 02, 2010 10:47 pm
Igor Zidane wrote:ffs trust me to be stuck in pompey while all this is going on. Just nicked me nieces lappy to get an update. Anyway like most on here i'll believe it when it's officially announced ,til then i remain sceptical. We must not make the same mistake again , new owners must be held to account .
You got my sympathies being stuck in pompey dude! It is a sh!t hole!
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by tubby » Mon Aug 02, 2010 10:52 pm
A few more bits and bobs coming out, this time with some quotes. You only have to read the headline to see where this is going...
It is the Daily Fail though still.
Reds Revolution: I'll buy Anfield, a galaxy of superstars AND keep Fernando Torres, says Kenny Huang
By John Edwards
Last updated at 10:34 PM on 2nd August 2010
* Comments (0)
* Add to My Stories
Roy Hodgson will be given the freedom to pursue any transfer target he wishes if the latest move to oust Liverpool’s American owners proves successful.
On the day Fernando Torres returned to Anfield, billionaire Chinese businessman Kenny Huang has contacted the club’s bankers with an opening bid to seize control and has outlined ambitious plans to revolutionise their fortunes after a worrying fall from grace last season.
Huang is underwritten by a state-backed investment fund and has offered to pay off Liverpool’s £237million debt to RBS in a move designed to put pressure on Tom Hicks and George Gillett and clear the way for a takeover.
He is determined to push a deal through before the transfer window shuts at the end of the month and has made it clear Hodgson would be granted not only time to prove himself but also funds to attract the world’s best players to Anfield.
Though wary of following the Manchester City blueprint, and paying inflated prices, Huang is adamant market values would be met to recruit the calibre of player needed to keep the likes of Torres and Steven Gerrard happy.
Not impossible: The new regime aims to target the planet's finest players, including Lionel Messi
Not impossible: The new regime aims to target the planet's finest players, including Lionel Messi
According to sources close to Huang, who is head of Hong Kong investment company QSL Sports Ltd, Hodgson could identify any player in the world, and the new regime would check on availability and an asking price.
‘It could be Lionel Messi, and every effort would be made to sign him,’ said one source. ‘This guy is deadly serious about taking over and wants it done this month so Roy can significantly improve the team and go into the season with a realistic chance of winning something.’
Though intent on transforming Liverpool with a seemingly limitless transfer budget and a firm pledge to begin building work immediately on a new 60,000-seat stadium, Huang is determined to drive a hard bargain.
He has concluded that the club’s worth currently stands at little more than the £237m they owe the bank, although it is understood he may be prepared to pay up to £300m.
But with Hicks and Gillett renowned for digging in their heels and reluctant to lower their valuation much below £600m, Huang may struggle to bring his bold plan to fruition.
It is the Daily Fail though still.Reds Revolution: I'll buy Anfield, a galaxy of superstars AND keep Fernando Torres, says Kenny Huang
By John Edwards
Last updated at 10:34 PM on 2nd August 2010
* Comments (0)
* Add to My Stories
Roy Hodgson will be given the freedom to pursue any transfer target he wishes if the latest move to oust Liverpool’s American owners proves successful.
On the day Fernando Torres returned to Anfield, billionaire Chinese businessman Kenny Huang has contacted the club’s bankers with an opening bid to seize control and has outlined ambitious plans to revolutionise their fortunes after a worrying fall from grace last season.
Huang is underwritten by a state-backed investment fund and has offered to pay off Liverpool’s £237million debt to RBS in a move designed to put pressure on Tom Hicks and George Gillett and clear the way for a takeover.
He is determined to push a deal through before the transfer window shuts at the end of the month and has made it clear Hodgson would be granted not only time to prove himself but also funds to attract the world’s best players to Anfield.
Though wary of following the Manchester City blueprint, and paying inflated prices, Huang is adamant market values would be met to recruit the calibre of player needed to keep the likes of Torres and Steven Gerrard happy.
Not impossible: The new regime aims to target the planet's finest players, including Lionel Messi
Not impossible: The new regime aims to target the planet's finest players, including Lionel Messi
According to sources close to Huang, who is head of Hong Kong investment company QSL Sports Ltd, Hodgson could identify any player in the world, and the new regime would check on availability and an asking price.
‘It could be Lionel Messi, and every effort would be made to sign him,’ said one source. ‘This guy is deadly serious about taking over and wants it done this month so Roy can significantly improve the team and go into the season with a realistic chance of winning something.’
Though intent on transforming Liverpool with a seemingly limitless transfer budget and a firm pledge to begin building work immediately on a new 60,000-seat stadium, Huang is determined to drive a hard bargain.
He has concluded that the club’s worth currently stands at little more than the £237m they owe the bank, although it is understood he may be prepared to pay up to £300m.
But with Hicks and Gillett renowned for digging in their heels and reluctant to lower their valuation much below £600m, Huang may struggle to bring his bold plan to fruition.
Last edited by tubby on Mon Aug 02, 2010 10:55 pm, edited 1 time in total.
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by bunglemark2 » Mon Aug 02, 2010 10:57 pm
pmsl ! LFC even remotely linked with Messi....surely they mean on Playstation
http://s2.tinypic.com/30ldif7_th.jpg
See yooo, Judas. Yoo're gettin' on mah titz !
See yooo, Judas. Yoo're gettin' on mah titz !
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by bigmick » Mon Aug 02, 2010 11:00 pm
I reckon it was Igor persuading me to join SOS wot did it. That or the threat of me putting pen to paper assome of you c...s pointed out 
On a slight side note, I did a bit of buying ourt of China while I was in NZ, and they are unscrupulous little feckers to a man (I don't even mind if you call it racist, it is just true). Huangs swerve of the owners and going direct to the banks is absolutely typical of the oriental mentality, busness is business. That's what makes me think this might even be true this time.
On a slight side note, I did a bit of buying ourt of China while I was in NZ, and they are unscrupulous little feckers to a man (I don't even mind if you call it racist, it is just true). Huangs swerve of the owners and going direct to the banks is absolutely typical of the oriental mentality, busness is business. That's what makes me think this might even be true this time.
"se e in una bottigla ed e bianco, e latte".
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by Scottbot » Mon Aug 02, 2010 11:05 pm
bigmick wrote:On a slight side note, I did a bit of buying ourt of China while I was in NZ, and they are unscrupulous little feckers to a man (I don't even mind if you call it racist, it is just true). Huangs swerve of the owners and going direct to the banks is absolutely typical of the oriental mentality, busness is business. That's what makes me think this might even be true this time.
Am guessing you didn't get a very good deal on the Chinese dildos then?
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by burjennio » Mon Aug 02, 2010 11:05 pm
Igor Zidane wrote:ffs trust me to be stuck in pompey while all this is going on. Just nicked me nieces lappy to get an update. Anyway like most on here i'll believe it when it's officially announced ,til then i remain sceptical. We must not make the same mistake again , new owners must be held to account .
Thats what Ive been thinking all day mate, its just so reminisant of the bullsh*t that went on at Fratton Park before Portsmouth ended up royally fu*ked (pardon the language) so I'm really apprehensive about all this tbph.
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