AC Milan owner Gerry Cardinale regrets not buying Liverpool.
Cardinale says that one of the biggest regrets in his career was not purchasing Liverpool in 2008.
Cardinale, the founder of FSG's third largest shareholder RedBird Capital Partners, had been working for US investment bank Goldman Sachs at the time and had urged the firm to make a move on a controlling stake in the Reds at a valuation of $350m.
At the time, the deeply unpopular reign of George Gillett and Tom Hicks was in situ and interested parties were circling and ready to take over the club, including current Newcastle United part owner Amanda Staveley alongside Dubai International Capital.
Cardinale said: “The advice to my 20-year-old self? I started the YES Network with George Steinbrenner when I was 33 years old, so the advice to my 33-year-old self would have been the inkling that we had a few years later to go and buy Liverpool at a $350m valuation.
“Goldman (Sachs) shut me down on that and we would have done that a lot earlier and that would have been pretty good."
Abdishakurmaxamed
0
FSG have done a good job in setting LFC for success, I don't know how many could have done that.
please pay the prediction of Liverpool Vs real Madrid in all football you can see miracle and come to me when you see
lusdlnptuy
2
good he did not buy it cause he would have been worse than fsg, good example? take a good look at ac Milan
maturidikxith
0
buy pleasee
bulelfc
5
FSG have done a good job in setting LFC for success, I don't know how many could have done that.
Hiobceknoz
1
sorry