Tag: John Henry

  • FSG withdraws from Bordeaux deal; statement made; Liverpool owners explain choice.

    FSG withdraws from Bordeaux deal; statement made; Liverpool owners explain choice.

    Liverpool's owner, FSG, has pulled away from an agreement to buy French club Bordeaux. The reasoning behind the decision has been explained.

    Liverpool’s owner, FSG, has pulled away from an agreement to buy French club Bordeaux. The reasoning behind the decision has been explained.

    Fenway Sports Group (FSG), the owner of Liverpool, has withdrawn from a proposed takeover bid for French club Bordeaux. Looking to transition to a multi-club model, the American group had been in talks with the Ligue 2 side.

    However, a press release from Bordeaux has stated that exploratory conversations between FSG and the six-time French champion have concluded. Liverpool’s ownership group will instead look elsewhere to grow its portfolio.

    “FC Girondins de Bordeaux and its shareholder have been informed by Fenway Sports Group of its desire not to pursue discussions initiated in recent weeks with a view to purchasing the club,” according to a statement. “This decision is explained in particular by the stadium’s substantial expense in the coming years, as well as the overall economic environment of French football.

    “FC Girondins de Bordeaux and Gérard Lopez would like to thank Fenway Sports Group for their interest in the club and its teams, as well as for travelling to meet with its stakeholders. The Club and its shareholders are currently focusing all of their efforts on finalising a funding plan for the 2024/2025 season in preparation for the appeal hearing.”

    According to Liverpool.com, while a move to acquire Bordeaux appeared to make sense, the reasons for pulling out of a potential agreement mount up. It will be intriguing to watch where FSG goes next as it seeks to acquire another football team.

    The benefits of doing so are obvious, but it must be the proper move to be effective. Michael Edwards and Julian Ward will both be involved once a new team has been formed, with the latter having been part of the discussions in this case.

    More news…….

    Manager of Uruguay Shares Important Defensive Plan Against Liverpool Star

    Luis Diaz

    During this Copa America 2024, Uruguay and Colombia placed first in their respective groups. Although Luis Diaz of Liverpool is a star player, La Celeste manager Marcelo Bielsa is more interested in his teammate James Rodríguez.

    After four games, Rodríguez has one goal and five assists, making headlines. But Uruguay’s defensive strategy centres on Diaz, and in a Tuesday media statement, Bielsa said his team cannot afford to allow Diaz room.

    Diaz scored a heads-up goal in the 5-0 victory over Panama, and it appears the former Leeds United manager wants his players to stay away from the same mistakes the Central American club made.

    “Díaz is going to thrive if we defend with 40 metres behind us,” Bielsa said to the press (via Diario AS). “He enjoys having room behind him, and he will still find ways to score even if we defend directly in front of the goal. In games, you want to create opportunities for yourself while trying to prevent the opposition from attacking. People will always inquire about a backup plan, though, if you are unable to dominate in the opponent’s half.

    There isn’t one; all you need to do is carry out plan A to the best of your ability. A compact squad wants to gain control by attacking, but they also need to know how to defend in case they are unable to. Similar to how we attack, Colombia does the same.

    When necessary, we defend; after that, we just have to wait and see. Under manager Nestor Lorenzo, Colombia will want to build on their outstanding performance. They have won 27 straight games, and they may either extend this winning streak against Uruguay or end in defeat and miss out on the Copa America final.

  • FSG, the owners of Liverpool, comments on more Anfield development

    FSG, the owners of Liverpool, comments on more Anfield development

    Council plans

    Durkan, Joanna Under its current owners, Fenway Sports Group, Anfield has seen a remarkable change. However, because demand for tickets continually outpaces supply, is there any hope of further growth?

    Anfield could only hold 45,362 spectators when FSG took over the team in2010. Although there were discussions about moving elsewhere, they ultimately decided to stay at Anfield.

    The Anfield Road Stand saw an amazing transformation that increased capacity to 61,000 seats, although the Main Stand was the first to undergo significant renovations, adding 9,000 seats in 2016.

    Although it has completely changed Liverpool’s spiritual home from the one FSG inherited, is there still room for growth at the stadium going forward? Pay attention within instead of outside.

    Pay attention within instead of outside.

    To put it mildly, expanding Anfield further presents challenges. There is nowhere to construct because the Sir Kenny Dalglish Stand and the Kop run parallel to residences, a major road, and stores, respectively.

    To put it mildly, expanding Anfield further presents challenges.There is nowhere to construct because the Sir Kenny Dalglish Stand and the Kop run parallel to residences, a major road, and stores, respectively.

    If they were to consider major alterations, which is improbable, it would have a tremendous effect on the neighbourhood that currently surrounds the stadium.

    Instead, as an FSG chief previously stated, attention is likely to move to other areas of the current stadium.

    “We’ll see what ancillary development might be possible,” FSG CEO Sam Kennedy stated in 2022 at a conference.

    Even though Fenway is a residential area, it is also zoned for retail, hospitality, entertainment, and other uses. We must acknowledge and show respect for Anfield’s status as a residential area.

    “In the future, you’ll probably see us focusing more inside than outside.”

    One such example is the Kop Bar in the Kop, which took the place of the former club store. Another example is the proposed “underground fan zone” in the brand-new Anfield Road Stand.

    Improved concourses, additional hospitality lounges, and newly constructed public bike and foot routes are all included in this kind of localised development.

    Development can see a decrease in capacity.

    Council plans

    The Sir Kenny Dalglish Stand, the oldest in the stadium with the least amount of legroom and supporter amenities, would probably be the next stand to be developed.

    A report from 2023 stated that “FSG will look to improve the Sir Kenny Dalglish Stand, which has a current capacity of 12,000,” although it is not currently in the works.

    “If they do, and no decision has been made yet, then capacity would actually decrease when the bottom tier’s spaces are reconfigured to provide supporters more room.”

    The article was written by Alex Miller, a reporter for the Mail on Sunday who has extensive knowledge of stadium-related issues from FSG’s time in office.

    While supporters wouldn’t find more seats as a result, the stand would be updated with more contemporary amenities and roomier interior concourses, making it over thirty years old.

    Though it would be wonderful to imagine a makeover akin to that of the Main Stand or Anfield Road End, it is simply unfeasible given the completely occupied residences situated right behind the stand on Skerries Road.

    Council strategy 

    Council plans

    As we’ve already mentioned, there isn’t much room in the local area around the ground, so FSG can’t pursue a large development on the land that is currently there.

    They have previously tried it with the renowned home of the Boston Red Sox, Fenway Park.

    Nonetheless, Liverpool Council is moving forward with more neighbourhood revitalization, including plans for a £4 million project to modernise the stadium’s major thoroughfare.

    With “a visually more appealing and healthier public street scene” as a top objective, the goal is to “create a greener and safer experience for residents and visitors.”

    The council intends to explore a “new development that is rooted and focused on community inclusion” for the Anfield Square, which is the area across from the club shop on Walton Breck Road (see top picture). Updates are anticipated this summer.

    The Anfield Square will not become a hotel. There is still plenty of room for internal and external growth at Anfield, even though major changes like those to the Main Stand and Anfield Road End are unlikely.

  • FIFA hand Liverpool £50 million blow following major decision announced

    FIFA hand Liverpool £50 million blow following major decision announced

    Liverpool was left out of the redesigned Club World Cup when its entry standards were confirmed over the weekend in Jeddah

    Liverpool was left out of the redesigned Club World Cup when its entry standards were confirmed over the weekend in Jeddah.

    Liverpool has suffered a financial setback following the announcement that they will not be competing in the 2025 FIFA Club World Cup, which will feature 32 teams.

    The Reds had hoped that if the UEFA coefficient was taken into account, they would be able to compete in the lucrative competition in the USA in two years. The Reds won the competition in its current form when it was held in Qatar back in 2019, the year they won the Champions League.

    However, the decision made back in March to limit each nation to no more than two representatives in the competition—which will take place in July 2025 over 29 days—was ratified and a motion was passed that would have given priority to clubs that have won the Champions League between 2021 and 2024 over coefficients during a FIFA Council meeting that took place over the weekend in Jeddah, Saudi Arabia, the site of this year’s competition.

    This implies that Chelsea, the 2021 Champions League winners, and the side they defeated that evening, Manchester City, the Champions League winners from the previous season, will represent the Premier League. If Arsenal wins the competition this year, they still have a window of opportunity to qualify, since victors can compete from 2021 to 2024.

    Manchester City’s coefficient, which places them second among English teams behind Chelsea, Manchester United, and Arsenal, would have guaranteed the Reds a spot in the Club World Cup in 2025 had they defeated Chelsea in Porto back in 2021.

    However, Liverpool will not be participating in the redesigned competition in the United States. The competition was initially announced a year ago and was met with criticism from some quarters because of the expanded format, which could put even more pressure on teams and players already dealing with a demanding schedule, especially in the English game. Managers Pep Guardiola of Manchester City and manager Jurgen Klopp of the Reds have addressed this issue in recent years.

    Redesigned every four years, the tournament promises substantial cash incentives; according to the Guardian, participation and eventual success could be worth up to £50 million.

    Liverpool was left out of the redesigned Club World Cup when its entry standards were confirmed over the weekend in Jeddah

    FIFA decided to change the Club World Cup format in response to the unsuccessful attempt by 12 clubs—including Liverpool—to secede and create a new European Super League in 2021. The European Court of Justice will rule on December 21 whether or not UEFA and FIFA’s threat of sanctions to clubs wishing to form another competition was lawful, potentially opening the door to another move to launch a competition in the future, even though all clubs have distanced themselves from the plan, with the exception of Real Madrid and Barcelona.

    Daniel Haddad, head of commercial at global sports advisory firm Octagon, who has extensive experience in football commercials, particularly in the Middle East, said the following to the ECHO last month: “It’s interesting to see other competition structures being developed that involve other confederations.” I believe there is a very genuine chance that, should the FIFA Club World Cup from 2025 prove to be a success, it will continue to be held every four years.

    Because just 12 European clubs can win it, it doesn’t turn into a miniature version of the UEFA Champions League preseason competition. This is how it becomes a success.In the event that there are legitimately strong Saudi Pro League teams, for instance, with competitive squads capable of qualifying, the competition system gains greater value and the clubs receive greater revenue. Therefore, the Premier League teams’ day-to-day operations are unaffected by the presence of great clubs in other confederations. Although you aren’t playing against them in league play or in European competition, you could still make money from such teams.

    The previous four UEFA Champions Leagues, CONCACFAF Champions Cups, AFC Champions Leagues, and CAF Champions Leagues will be represented in the new structure. A team from the host country and qualified teams from each territory, determined by a four-year ranking system, will compete in the remaining rounds.

    The other European teams that are guaranteed to compete in 18 months are Real Madrid, Bayern Munich, Internazionale, Paris Saint-Germain, Porto, and Benfica, with the final four spots still up for grabs. These clubs are in addition to Manchester City and Chelsea.

  • Billy Hogan speaks out on future plans for Liverpool and FSG criticism

    Billy Hogan speaks out on future plans for Liverpool and FSG criticism

     

    Billy Hogan speaks out on FSG criticism and future plans for Liverpool

    Billy Hogan claims that the owners of Liverpool continue to take a sustainable approach.

    Billy Hogan, the chief executive of Liverpool, has described how the Reds’ leadership group at Fenway Sports Group responds to criticism.

    After purchasing the club for £300 million from the wildly unpopular Tom Hicks and George Gillett, John Henry and Tom Werner’s company, then known as New England Sports Ventures, has been in charge of Liverpool for 13 years.

    The club has undergone significant change in the years since the takeover, both on and off the field, with the value of Liverpool now surpassing £4 billion, the capacity of a world-class Anfield set to increase to 61,000 in the coming weeks, up 15,000 from 2010, a balance sheet that is one of the strongest in European football, with revenues pushing £600 million per year, and victories in the Premier League, Champions League, UEFA Super Cup, FIFA Club World Cup, FA Cup, and EFL Cup.

    The club has undergone significant change in the years since the takeover, both on and off the field, with the value of Liverpool now surpassing £4 billion, the capacity of a world-class Anfield set to increase to 61,000 in the coming weeks, up 15,000 from 2010, a balance sheet that is one of the strongest in European football, with revenues pushing £600 million per year, and victories in the Premier League, Champions League, UEFA Super Cup, FIFA Club World Cup, FA Cup, and EFL Cup.

    Although Liverpool has been the only team in recent years to seriously challenge Manchester City’s dominance on the domestic and European stage, FSG has long faced criticism for their underinvestment in comparison to some of their rivals, with the owners’ emphasis on a sustainable business model being perceived as something of a handbrake in terms of Jurgen Klopp delivering even more than he already has in terms of hardware.

     

    Hogan was in charge of guiding the Reds through the uncertainty brought on by COVID-19 when he joined the company as CEO in 2020, replacing Peter Moore who had served during the pandemic.

    Billy Hogan speaks out on FSG criticism and future plans for Liverpool

    Hogan, who was a member of the FSG team that bought the Reds and has been employed full-time by the team since 2012, is in charge of managing the club’s operations on a daily basis.

    Criticism is a part of the job at a major international sporting club like Liverpool, with a legion of fans numbering in the millions worldwide. FSG has had to deal with criticism quite a bit.

    Hogan discussed how he, and ultimately FSG, handle pressure and criticism in an August interview with the SportsPro Media Podcast as part of its “Ask a CEO” series.

    You receive a weekly assessment of your performance on the field, he said.

    “The pressure of performance and winning can sometimes be overwhelming on the field, but that’s just a part of the passion and energy from our perspective, and I definitely count myself extremely fortunate to be in the position I’m in.
    At Liverpool, we have a similar mentality; we are focused on bringing home hardware.

    “We have had great success over the past few years, and we intend to keep doing so.

    “That (criticism) is a necessary component of the job.

    Being focused on our goals is, in my opinion, the most crucial factor from both a personal and club perspective.

    For a variety of reasons, games can sometimes end differently. Additionally, we must maintain our attention on our long-term goals, which ultimately revolve around running the club as efficiently as possible. “.

    Hogan reiterated the FSG position on sustainability, which holds that the club’s success off the field directly affects what occurs there and vice versa.

    Liverpool is a successful football team that challenges for and ultimately wins trophies, and in order to do that, they need commercial success to fund recruitment. This success gives Liverpool leverage in business deals.

    Hogan continued, “From a sustainable perspective, everything we do is in the club’s best interests.
    It’s inevitable that there will be criticism and pressure, but working in a place as openly visible as Liverpool means one must expect it.

    “It comes with the territory; you must keep working hard, keep moving forward, and continue doing what you can for the club.

    “The team I work with has a strong sense of caring. Of course they care about the outcomes on the field, but they also care deeply about the club itself and acting in the club’s best interests.