Liverpool’s possible exit from Fenway Sports Group, a sign that football has reached its peak
With reports emerging that Liverpool owner Fenway Sports Group was considering selling the club, it wasn’t coach Jurgen Klopp who faced the media.
Just a few weeks ago, the German did his best to highlight the “ceiling” the Merseyside giants have faced compared to clubs such as Newcastle United and Manchester City.
It was therefore interesting to see if the statement that the FSG “under the correct terms and conditions will be considered new shareholders” was seen as confirmation of the correctness of this position.
Instead, Klopp’s assistant, Pep Leanders, has been tasked with staring at the block of cameras ahead of the Red’s Carabao Cup match against the derby. The coach made an interesting concession; The management team was aware of the club’s position before the news broke.
“We’ve known before, of course, a week and a half ago or something,” he added.
Football players and coaches this season, more than any other season, have faced questions beyond their usual purview.
Whether it was talk of the financial disparity, where Klopp was before the Manchester City game, or the ethics of hosting the World Cup in Qatar, which the Liverpool boss also raised, the news agenda has often been far from the football field.
Until then, you had to feel for the Lijnders who bore the brunt of the initial media attention and towed the usual party line well.
“First of all, everyone who has seen us in the past years has realized who we are as a club [and that] He added, “We have a strong relationship with the owners,” adding later, “What I would like to say is that I have always known that the owners act in the best interests of the club and they have always done so. I think they have always at least tried. This relationship has been very important to us.”
Football is a sport where thinking is often frustratingly short-term. As news of a potential Liverpool sale broke, discussions inevitably turned to the unfinished shape of this season and suggestions for rebuilding a key playing team.
Also present was the theory that facing the financial power of rival owners FSG felt it had reached its limits.
“FSG may recognize that they have taken Liverpool as far as they can in their current position. Indeed, their ownership came with an acceptable exit strategy,” senior writer Ian Doyle of Liverpool Echo told readers.
“Like almost every other European club, it simply cannot compete with this level of support, as demonstrated by their unwillingness to spend beyond their means in the transfer market. This has sparked frustration among some fans, with coach Jurgen Klopp indicating he would prefer to take more risks. Hoping for a bigger reward.”
Former Reds defender Jamie Carragher has gone further, speculating on a shorter time frame for events.
“Maybe they woke up on Monday morning and read about how much Manchester City have made commercially and thought, ‘You can’t stop it, can you,'” he said, referring to the continued rise in revenue at Citizens.
The truth is that organizations like the Fenway Sports Group are not responding to a recent set of financial results or a decline in form. These companies make decisions based on expectations over decades.
The implications of a potential exit should therefore be seen as a serious statement about the future of the game.
FSG’s stake in the most successful football league will not be ceded if it believes that there are great fortunes to be discovered.
The decision to explore a potential sale may be a sign that they believe the club’s value has peaked.
Premier League Project Failed
The greatest sign of football is that of a dip or at least a plateau that can be found in the words of the game’s most famous club captain.
Just two weeks ago, Real Madrid president Florentino Perez spoke of “our beloved sport is sick, especially in Europe and, of course, in Spain.
“[Soccer] It loses its position as the world’s leading global sport. The most disturbing fact is that young people are becoming less interested in them [soccer]. He added that the current competitions, as they are designed today, only attract the attention of spectators in the final stages.
Perez’s remedy for this predicament is of course a plan that the FSG has been very supportive of, which is the creation of the European Premier League [ESL]The ill-fated separatist competition that collapsed after fans’ outrage prompted a wave of English clubs to withdraw.
The disaster prompted a blanket apology from owner John W. Henry to Reds fans. In a video posted online, he said, “I’m sorry, and I’m solely responsible for the unnecessary negativity that’s emerged over the past two days. It’s something I won’t forget. It shows the power that fans today have and rightly continue to have.”
But was ESL created you have to wonder; Were Henry and FSG weighing a sale now?
According to The Athletic, one of the titles that originally broke the story, the answer is no. “It is fair to say that if the Europa League takes off, it is likely that FSG will not be looking to sell now,” the headline wrote.
Speculation that the football bubble was ready to burst has been frequent since the sport’s revenue began to soar in the late 1990s.
However, history has shown that the game is resistant to economic recession and is now resistant to global epidemics.
The FSG may have mislabeled the market and that the following owners will be overseeing another profitable period of growth.
But if Florentino Perez is to be believed, the sport could be approaching a high water mark where Liverpool owners must cash their chips.
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