Author: Raymond

Liverpool FC’s Business Decision Shouldn’t Be A Mistake

Liverpool FC’s Business Decision Shouldn’t Be A Mistake

Liverpool FC Is Up For Sale by Fenway Sports Group

If the Reds’ future is truly up for grabs by this summer’s transfer window – as is becoming likely – then it begins with the departure of the club’s CEO.

At this rate it’s going to be a long and boring summer for Liverpool fans and their club.

After the announcement at this week’s AGM that the club’s top brass will be leaving on a “full and permanent basis” some fans have pointed out that the club was already a sale.

As you can see from the picture above, former Newcastle director of football Damien Comolli has been installed as the CEO.

For a club as wealthy as Liverpool FC, this seems like an awfully large mistake.

The club only went into administration in December and in January. At the time of their last ever game the following was announced:

Liverpool’s Football Group also owns Manchester City, Arsenal, Chelsea and Manchester United.

It’s true that Liverpool have been going through a bit of a bad patch over the past couple of years. With the club’s position as one of the wealthiest clubs in the world, selling its richest asset doesn’t make too much sense. The club is still going to be around after the end of the season, so the business decision that the club made to go into administration shouldn’t be viewed as a mistake.

Even if there’s some money left from the sale of a number of players, it doesn’t really cover all the club’s debt. The club also owes £12.8million to Premiership side Swansea City, who haven’t paid up in the past. To make matters worse, the club have been forced to sell many of the players that they had bought before they were forced to do so.

To make matters worse, Liverpool FC are now the target of a hostile takeover. The club can only make this decision after their creditors and the European Commission have approved of a potential sale.

The club are also in the middle of a dispute with Liverpool supporters group the Reds Forever. Liverpool claim that there’s been an overwhelming majority of complaints about the group and that their actions are causing the club to lose millions of pounds in advertising revenue.

If it’s true that the group has been blocking the club’s supporters’ section, then that will be the end of their fans forever.

The Reds

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