Liverpool owner John Henry is in talks to merge the Fenway Sports Group (FSG) parent company that controls the Premier League champions with a new company founded by ‘Moneyball’ pioneer Billy Beane with the intention of the latter building a stable of clubs around Europe.
Beane’s ‘special purpose acquisition company’, RedBall Acquisition Corp, has former Premier League chief executive Richard Scudamore on its board, and he brings a wealth of experience, not least in maximising broadcasting revenues.
It is understood that RedBall are offering $1.575billion (£1.2bn) for around 20 per cent of FSG in a deal that would value FSG at $8bn. They have already raised $575million to buy other sports businesses.
Beane rose to fame via his transformation of a Major League Baseball team, the Oakland Athletics, using data analytics, in turn boiled down to the term ‘Moneyball’.
RedBall’s aim is to use the same approach with whatever sports properties they acquire.
deba_LFC
0
Moneyball!!! I like the name already...just 20%. Seems nice but what do I know? I just want d team to grow even better than it is already
deba_LFC
0
this is not good given that one of their policies involves cutting down players release clause with this the likes of salad and mane will become relatively cheap and easily taken
I trust u went and researched more than AF posted, that's passion. nice. but I don't also think they wud want LFC to end up a failed project especially I this covid economy! on the contrary they will be looking to inject funds into further growth. we really need this funds but we must be careful too. as far as it's not some Arab group like Mancity I rather we consider it than remain medium league wen money matters. it's well
hetaekmnp
0
Anything taking us to another level is welcome.
boaabknot
1
this is not good given that one of their policies involves cutting down players release clause with this the likes of salad and mane will become relatively cheap and easily taken
kukdknoyz
2
Well Done and Good luck. Do what you think will bring more success to Liverpool FC.
gilgamesh98
3
i hope when merge Liverpool can copy they unbeaten run and win epl without loss
yarden525
1
How about the Rihanna rumors, it has gone with the air like that. She oso wanted to buy Liverpool
Football1
1
After all you will never walk alone
Biybcnoru
1
Mr Henry is a tipical American man always looking for whom to swallow ,ivumu.
Cucadilmrt
0
hope its not turn as what Gillete did..
true they literally ripped us apart ffs
yasabcrstu
2
hope its not turn as what Gillete did..
omokayode0710
0
Moneyball!!! I like the name already...just 20%. Seems nice but what do I know? I just want d team to grow even better than it is already
of course bro, got your back
Takashi3577
6
Moneyball!!! I like the name already...just 20%. Seems nice but what do I know? I just want d team to grow even better than it is already
Promzy171
3
that's why FSG was being stingy at first 😁 I now understand.. Good work Mr. Henry
Chocbud
2
Wow..