Even more impressive when you consider what they did with the baseball team. And then used the same moneyball type recruitment formula with liverpool.
liverpools owners not put a penny in to fund transfers..
- Thread starter kildaremackem
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yeah it is but we should be putting in place now all the building blocks for the future. Scouting, transfer strategy, a particular way of playing which helps drive recruitment at all levels - pretty much the Dortmund model - but actually just good common sense really. All of that requires a top down control and possibly a director of football to avoid changing manager and then ripping everthing up, sacking everyone, and starting again with a brand new set of ideas and values. Rinse and repeat. In many ways it’s easier to start that process now as in the premier league the managers you’re likely to recruit are much more reluctant to fit into that kind of model as they come with loads of ego and baggage
Just shows how important a good manager and scouting system are.
We got here by doing almost the opposite of what you're suggesting. Still not sure it's changed either tbh.
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DrewC
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But you look back when the owners stole ownership through the help of RBS they poured a ton of ££££. Remember the Henderson transfer and others...Rubbish they cheated earlier like Chelsea did this article is aimed at Man City. Not fair play to them.
How much did they put in?
riffraff
Striker
Of course we could. We just had to make more right decisions than wrong ones. Let’s face it just about every decision made by safc in ten years was a wrong one both on and off the field. 10-9-8-7-6-5-4......just counting down to some idiot coming on to bang on about “ten years in the PL” etc etc etc.
Very true and never mentioned really. It is the sin that they all want to forget, and the same goes for Southampton, Leeds and others who have gained a significant competitive advantage over other clubs at various levels by writing off their debts at the right time.
It beats working your way through it all as other clubs have had to do.
One million per cent. Look at Alonso. We had him on loan and could have gone perm for what? 6 mill? What did Chelsea pay? What about M’Villa? Instead we spaffed money up the prems ass on Lens, N’Dong, Borini, Kone, Gordon, Wickham, Gardner and on and on and on.
kildaremackem
Striker
they had £200m of debt..were losing tens of millions..
money they had none..
almost all prem clubs make a profi now..including some that are smaller than safc..
they didnt pur cash in though..they sold players and bought players..raised money from commercial sources.
in the prem safc didnt even have a commercial director for a while...
they bought the club off rbs because rbs owned it..
the article speciifcally states the dont use moneyball now..andy carroll was a moneyball signing and obviously didnt work so went a different way..
of course they are..but when ypu are losing £20m a year and the vbank foreclsoed on your £200m of debt being famous isnt worth shit..
yes but thats now..they didnt have that when they started doing this and were lsoing money..the point of the article is the jourjrnwey to here...not the jre.
and they got here..from £20m a year losses and £200m of debt..without the owners paying for a player..
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Deleted member 31333
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I agree mate. Just don’t think this ownership are the ones to put that in place.
Ashley In!!
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I'm betting they didn't use the club's own money to buy it with either.
Gaz
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They had debt, but also had a hell of a lot of assets and the ability to raise significant income through commercial deals / sponsorship etc. due to being one of the biggest clubs in the world.
That is nothing like what we have here
SydneyFan
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Huh. Gillett & Hicks bought the club with money borrowed from RBS. They put that debt on a club which had very little - it's not like LFC ran up £200m of operating debt (or in Chelsea's case £1billion+). A few years later G&H failed to meet multiple re-payment deadlines or to refinance. RBS then forced through a sale to people who could give it its money back. FSG.
In the same way the bank will take your house off you if you don't keep up mortgage payments. Typically mortgage lenders will sell housing-stock in the market slightly under normal market rates to achieve quick sales. The lender's interest is in getting its money back; they don't have the will or expertise to manage a property portfolio. Similarly, RBS had no interest in running a football club. From FSG's perspective it saw an opportunity to buy an undervalued football club with a lot of potential if ran properly.
G&H were obviously unhappy about this. G&H (particularly Hicks) then spent the next decade losing related cases in both the UK and the States.
Qwerty
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Kone would've been a great signing if he was sold when Everton were after him.
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Deleted member 1169
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Ibe paid 50k, sold 16.2m
Solanke paid 0, sold 19m
Benteke paid 18m, sold 28m
Allen paid 17m, sold 14m
Not quite 100m but still decent business with c42m profit on those four. But paying 37m for AC and selling for 16m, wipes out half of that!
kildaremackem
Striker
but they couldnt raise enough through those channells at that time..they were losing £20m a year..
safc had much more ability to raise commercial revenue in the higher leagues than it ever did..because it was so badly run. one of the very few good things this owner did was appoint a proper, crediblem, commercial director to boost that side of thins
Black Cat Gypsy
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Henry was fascinated with Moneyball. He adapted it for his baseball team and wanted to bring into football. It took awhile but it's working now. Their scouting, recruitment and transfer process is top class. The appointment of Klopp was the missing piece.
kildaremackem
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i thoiught they moved away from the origianl moneyball concepot, but use something that is still very reliant on analytics etc so probably not a million miles away?
Gaz
Striker
Its a lot easier to run the club well and reduce losses in league 1. What happens if we go up to championship or prem again? Where does the money come from next season to rebuild the squad again if we go up, investment or more debt?
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