SBD Global/July 25, 2012/Franchises

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  • Liverpool Owner Henry Says FSG Knows What's Needed To Get Club To Next Level

    Fenway Sports Group Chair John Henry, whose group has a controlling interest in EPL club Liverpool, believes that FSG is "now in a much better position to know exactly what's required to take the club forward," according to James Pearce of the LIVERPOOL ECHO. Henry said, “We know more now than we did when we bought the club. We didn't know a lot at the start. We have had something like 20 months to study and learn and this is really the direction we want to go in. We are working on a long term programme and we are fully committed to this programme. It will be the kind of football we want to play” (LIVERPOOL ECHO, 7/21).

    DIFFERENT RULES: BLOOMBERG NEWS' Roger Bennett noted Henry and FSG Chair Tom Werner took control of Liverpool in October '10 for "a cut-rate price" after paying off about $300M worth of the club's debt. Werner was "attracted to the fact that the Premier League operates without the salary restrictions, player drafts and revenue sharing of U.S. sports leagues." He said, "In baseball, when you acquire a franchise, you are one-thirtieth of an industry. If we sell a Liverpool jersey to a supporter in Jakarta, we keep 100% of that." Bennett wrote results have been "mixed so far." Werner: "No supporter will take pleasure where we are right now." Henry said that the past 18 months "have been humbling." Henry: "Our first year and a half was spent learning as much as we could .We’re just now really beginning to understand what we have to do differently" (BLOOMBERG NEWS, 7/19).

    Print | Tags: Franchises, United Kingdom
  • Rangers FC Owner Says Club Is Close To SFA Membership

    Rangers newco CEO Charles Green "hopes to secure membership" of the Scottish Football Association by Wednesday, according to the PA. Green believes that he "has reached broad agreement with the SFA and Scottish Football League" but has still to sort issues out with the Scottish Premier League (PA, 7/24). THE SCOTSMAN reported that Sevco will have to accept a 12-month transfer embargo handed to Rangers in April. However, Manager Ally McCoist "will be able to sign players" for his upcoming Irn-Bru Third Division campaign until the ban kicks in at the end of the current transfer window (THE SCOTSMAN, 7/24). The Scottish DAILY RECORD reported that Second Division Brechin City FC will "be hoping Green's claim comes to fruition" after the Glebe Park outfit revealed the financial structure for the upcoming season could be thrown into disarray if their cup tie with Rangers is called off. Brechin Vice Chair Martin Smith said that the team is preparing as normal for any upcoming home match, but the "thought of Rangers not traveling to Glebe Park has been troubling him." Financial implications of Rangers not being in the top flight, "coupled with the possible cancellation" of this weekend's cup tie, would mean Brechin's budget for the season would take a hit (DAILY RECORD, 7/24).

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