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To Redolent's last 5 rumour replies
28 Aug 2018 23:07:34
I agree with RedKurd, Ed02's insights are always helpful and illuminating. His comments about Liverpool's debt prompted me to do some research and I found those figures in UEFA's Club Licensing Benchmark Report 2016 (latest) . Slide 122!
The debt figures are concerning (although multiple of revenue isn't too bad) and I would agree that Liverpool are spending big to win silverware. not the first club to have tried this. Satisfying to see Utd still on top!
Ed02, I wonder whether Liverpool's growth rate that year was particularly high due to the Main Stand/ shop development and the low-interest loan from FSG (1.24% according to the Telegraph)? I'm not sure if it was that financial year?
With increased matchday revenues from the redevelopment, recent new sponsorship deals and the revenue boost from reaching the Champions League final (hopefully not a one-off), do you think the debt position will improve or is this an ongoing high-leverage strategy? Within FFP rules, of course.
{Ed002's Note - The increased match day income is minimal. The increased PL money is not. The money spent in cash this year and in 2017 is very significant (including £79M in payments for players purchased but not paid for in previous years. All but £5M of the money spent on VVD and the agent fees was in cash. We are going to give up again on the money as it is clear people simply don’t get it.}
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