13 Aug 2021 11:46:58
Ed002 if I may,
I really don't understand the financial side of the game (like 90%) of fans and I know you don't like talking about this as it causes issues as some like to think they do know what they talking about but can I ask how do LFC do commercially compared to other prem teams? I jus watched Klopp press conference for Norwich and he was repeating we can't spend money we don't have but teams like Chelsea, City and United can. Do we lack way behind these in our commercial side? Has the C.V. hit us harder? The owners of 2 of them clubs are notoriously very wealthy in own right does that help them? Sorry to ask and I understand if you don't want to open up a can of worms and answer tho mate.

Kj.

{Ed002's Note - Other clubs are not spending money they don't have - although some, like Arsenal, are spending money before they recover it. Liverpool's primary issue is their hand to mouth model whereby they are reliant on future income each year - so the pandemic has hit hard and they are not selling players of any value. Klopp has certainly been made aware that he needs to do more with the resources he already has.}

1.) 13 Aug 2021
13 Aug 2021 12:47:20
“Do more with the resources he already has” - I’d like to see a single other manager come remotely close to what Klopp has done with comparable ‘resources’. What a joke.

{Ed002's Note - It is not about the past it is about going forward when funds are a huge issue for the club.}

2.) 13 Aug 2021
13 Aug 2021 13:20:48
What's the joke? That we don't have oil rich sugar daddy owners who will spend millions each season to keep certain transfer needy fans happy?
It is what it is, you won't find Klopp moaning about it.

3.) 13 Aug 2021
13 Aug 2021 14:23:13
Ed,
liverpools hand to mouth model, where as you say
"they are reliant on future income each year"
Does that mean, and like the OP, i know very little about finances of a football club, but, does that mean, that when we won the champs league, we had spent the prize money the year before, and the same with the money we recieved for winning the premier league?
I understand a club saying, next year we will have 30 home games, 55000 people at each game, paying 50quid each, so that gives us x amount guaranteed (pre CV) . Then we add the guaranteed sponsor money, tv rights, etc etc. I get that to a point, but surely they don't assume they will get prize money for winning things?
So, if, as i assume, prize money, is an added extra, what then happens to that, as surely, wages, debt payments, agents fees and everything else (outgoings) is worked out before possible prize money.
Apoligies if im sounding stupid, or if i have missed something, its just something i've wondered about.

{Ed002's Note - No it means that they plan for income each year and spend duroing that same year - hence the pandemic losses the season before last and the one which are yet to come from last year.}

4.) 13 Aug 2021
13 Aug 2021 14:29:24
Great quotes from Klopp reported in the Echo - I believe from his pre-match interview.

Klopp must be happy with the way the club is run as he has stayed here so long and signed at least one contract extension during that time, with the same owners.

Yep, occasionally I cast a green eyed glance at our direct rivals and their spending power, but would I rather have Klopp and this set up, or an oil rich sugar daddy and no Klopp? Remember Klopp could have gone somewhere else before joining us - I'm sure Bayern would've made room, and Man Utd, Arsenal or Chelsea. But he chose us and he chose these owners.

5.) 13 Aug 2021
13 Aug 2021 14:33:26
I mean our first 11 are still one of the best in the league and has been for last 3 seasons.
Its just the depth which is issue. We can never buy like city and our club isn't as well run as chelsea so we have to hit a compromise.
Also while we haven't bought anyone (we have though but let's just say. ) its worthwhile to consider that we have not been forced to sell anyone among the first 11 either.

So despite not signing a lot we still are in talks to win the title. So something is definitely right at the club.

Issues will come when kloppo will cave in. Because all top managers around him have resources to buy who they want and hence compete on all fronts year in year out and at some point he will want out. And for me that could be as early as next season.

I don't want any signing this year. But next year i want us to seriously challenge for players like halaand because they bring so much value to the club and will indeed play a role in kloppp staying another 5 years with us. Might need a sale from front three to fund it but that should be done for better good long-term.

{Ed0666's Note - we won’t be signing haaland anytime soon.

6.) 13 Aug 2021
13 Aug 2021 14:51:20
Anyone who says they don’t want us to have mega rich owners which means Klopp could buy the top top players he wants consistently each year has to be lying right?!

{Ed0666's Note - why? Maybe some fans think winning is sweeter without it being handed to you on a plate. It’s like pulling a girl who was way out of you’re league because she was great looking, educated and had more money than you. But she wanted to be with you although there were so many more suitable and worthy suitors.

7.) 13 Aug 2021
13 Aug 2021 15:08:37
City and Chelsea are pools winners. Lottery winners. It's sickening but we have to accept it, and as time goes by, it'll prove astonishing in years to come how we won that title ahead of city last year.

8.) 13 Aug 2021
13 Aug 2021 15:17:15
Warmachine, I'm not sure Klopp would want to be employed by owners like that - certainly his past history suggests he prefers the challenge of doing it our way (as he did at Dortmund, and then choosing us over richer clubs) .

So, it really comes down to whether you want these owners with Klopp or rich sugar daddy owners without Klopp imo.

{Ed025's Note - so now hes friggin robin hood zed?.. :)

9.) 13 Aug 2021
13 Aug 2021 15:08:58
Some on here definitely won't understand that Ed0666.

10.) 13 Aug 2021
13 Aug 2021 15:22:35
But surely u cannot use the same analogy in football Ed0666.

By the time you've pulled one girl who's out of your league then the other chap has been pulling way more girls who are out of their league.

All u can do is keep on watching, praying and hoping that the one girl will come your way once in a blue moon.

{Ed0666's Note - Or we could just be greatful we got that girl once in our lifetime and know we’ll never get a girl like that again and be happy with our fleeting glory I’m thinking Blackburn, Leicester here

11.) 13 Aug 2021
13 Aug 2021 15:41:49
I meant like halaand ed666. I know the costs involved are huge with him.

12.) 13 Aug 2021
13 Aug 2021 15:43:04
It won't be astonishing when we win it this year.
The te spending the most does not automatically means titles. What did the galacticos ever win?

{Ed0666's Note - hearts and minds 😂

13.) 13 Aug 2021
13 Aug 2021 15:43:11
Madness. There’s clubs like Bury FC that vanished because of lack of money, and clubs that can spunk £230million on Grealish and Kane.
Yet those 2 clubs were probably on around the same financial Level just 15/ 20 years ago.

14.) 13 Aug 2021
13 Aug 2021 14:48:00
Thanks ed.

Although our financial situation isn't the best, we aren't like we were just before FSG took over.

How could they transistion to a more sustainable model, or is this their model and they won't change from it, is this how they run the red sox?

I have to say, it gives me greater pleasure winning, when we start from the place we do, rather than just buying trophies. I think Klopp enjoys beating his rivals with less resources too.

{Ed002's Note - Without an injection of cash it will be difficult to change the way theu are working. It is different with the Red Sox but the tgurnover is about the same.}

15.) 13 Aug 2021
13 Aug 2021 17:38:40
What worries me is this shift to buying players and spreading the payments. Means we are effectively paying £10m or so extra per player. Can’t be sustainable at all.

16.) 13 Aug 2021
13 Aug 2021 17:57:22
"Worthy and suitable Ed"? I disagree. She went for CHARACTER and PASSION.

17.) 13 Aug 2021
13 Aug 2021 18:45:35
I find it perturbing enough that the club is owned by venture capitalist American corporate types, so swapping our current owners for a repugnant Russian state oil swindler or the royal family of some far away land using us as a political tool makes little sense to me. You can’t complain about the Super League and then complain about the need for new owners and 500k a week wages we can’t afford. You either detest the current status quo of football or you gleefully accept it. You don’t get to choose which side you’re on when it suits you.

{Ed025's Note - well said mate..

18.) 13 Aug 2021
13 Aug 2021 16:21:11
Thanks ed

Last question

Do you mean, they could only change the current model if.

FSG injected cash into Liverpool F C

or

An outside entity injected cash into FSG.

Thanks for your insight.

{Ed002's Note - An outside entity putting funds in to FSG means they are selling more of FSG, like Red Ball. It is nothing to do with Liverpool. Liverpool's way to bring more cash, beyond what FSG can provide, would be to sell players.}

19.) 13 Aug 2021
13 Aug 2021 19:50:45
Cheers buddie.

20.) 14 Aug 2021
13 Aug 2021 19:51:21
I for one wouldn't want oil rich sugar daddy owners who would treat the club as their new plaything and try to buy every trophy the way Chelsea then City went about things.
I prefer to see players like TAA and Jones come through the ranks rather than have their way blocked by a sub's bench crammed with £50 million plus players all earning a king's ransom to get splinters in their arse.
But then i don't suffer from this obsession with big flashy transfers.

21.) 14 Aug 2021
13 Aug 2021 20:14:17
We have to protect the club it was not too long ago we where on the brink of administration!

Could be worse we could be carrying over half of billion of debt like those not to far away.

The big issue is the smaller clubs without the revenue but will owners who are throwing money at it throws everything out of balance. City for years have spent vast money that they simply do not generate anywhere near the spend they have made, they may be closer now as they are more marketable but they still do not make as much as they spend not a chance not as a individual club, they simply don't have the supporter base for that.

PSG do the same thing and both these clubs simply find loopholes in sponsorship in order to invest more of there owners money in to cover losses. Chelsea started it all too with the oil money spent back when they didn't have much about them and spent vast amounts in order to gain success. No way chelsea where making money when they buying players for top dollar at the start of RA era.

The whole finance in football has been screwed due to these things.

Had there not been these investments outside of what clubs generate then the players who have transferred too them would never have done so and thus the merry go round would not be what it is today.

All that said I still want the club to trade within its means and utilise the exceptional youth system available to it.