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Transfer speculation

r-u-s-x said:
how much of his own money has John Henry spent at liverpool? Other than buying the club originally
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I don't know the precise amount, but at some point prior to 2014-2015, FSG put in 70m quid that they wrote off in their 2014-2015 accounts, and in 15-16 they put in 50m quid to fund the Anfield expansion (source - https://www.theguardian.com/footbal...ue-finances-club-by-club-breakdown-david-conn). You could probably go further back and see what their input was each year by following David Conn's yearly football finance breakdowns, if you wanted to, but I'd wager it outstrips whatever Lewis has put into us over the years.

Glenda's Legs said:
Maybe I'm trying to be more of a 'purist' (in inverted commas as we are still beneficiaries of a very rich owner), but I do prefer the build-your-own over the buy-your-own ethos. Sure, it's hard to argue against the fact that some other rich owners have achieved higher levels of success in a shorter period of time compared to ENIC and if we were stagnating mid-to-lower table I might look upon those clubs with envy. But right now I'm happy with where we are, happy with the way our owners are running the club and happy for our long term future, and wouldn't swap ENIC for Mansour or Abramovich or similar.
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Fair enough, and well put. As I said, if it's a philosophical approach, I have no problems with it - I personally hold a somewhat different view, but I can't argue against it on a factual basis.
 
StephenH said:
How far are you going back?

You would need to go back to the sixties!

Money has always called the shots........but that goes back to Romen times...
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I think the money spent on players in the sixties came through the turnstiles.
At least that had some fairness about it. If you produced a successful Team..more fans..
More money. Today it comes out of the oil wells and steal works..lol
 
DubaiSpur said:
Again, I'm not entirely sure that's true, mate. Ellis Short is one example - Sunderland haven't really invested anything into their infrastructure during his tenure there, but he's still given them 200m that is still listed in club accounts as debt to him (or his holding company, iirc). Difficult to see where that money's gone other than towards players, given the enormous turnover there over the last few seasons. Ditto Alam at Hull City, Ashley at Saudi Sportswashing Machine and FSG at Liverpool, to name just three more - FSG at least have the Anfield expansion to point to as infrastructure spending, but that only cost them 50m as per David Conn (https://www.theguardian.com/footbal...ue-finances-club-by-club-breakdown-david-conn) and doesn't account for their other investment into the club, which likely went towards transfer fees and wages.

And, of course, Abramovich and Mansour spent more than a billion quid each on their respective teams, and it's hard to see where that's gone if not into the players - the new training grounds and youth team setups can't have cost a billion each, surely.

Joe Lewis isn't as rich as Abramovich or Mansour, no. But he is worth a lot more than Ellis Short, a lot more than Mike Ashley and and even a lot more than John W.Henry over at Liverpool. Nonetheless, he hasn't spent anywhere near what those owners have spent on their teams (including Ashley, believe it or not), and thus he (deservedly, imo) gets the title of unfortunately being the stingiest billionaire we could possibly have secured as an owner. :p
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I always had the idea that Lewis,s wealth was no where near RA's..however a billion quid spent on players you say?
Can,t we just buy Bale back...lol..
 
We are Tottenham said:
I always had the idea that Lewis,s wealth was no where near RA's..however a billion quid spent on players you say?
Can,t we just buy Bale back...lol..
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http://www.dailymail.co.uk/sport/fo...hes-1bn-Russian-owner-set-carry-spending.html

And that was in 2015 - I'm pretty sure it's gone well past that now.

Lewis is worth about 4.5 bn quid, iirc. Abramovich is worth about double that - again, iirc. Difference between the two is that Lewis made his money shorting the pound on Black Wednesday, and Abramovich made his money murdering business rivals, government officials and ordinary Russians on the way to illegally acquiring state properties and companies that had once belonged to the Russian people at throwaway prices.

I guess the blood of the people you murdered and of the starving Russian people who died freezing in the streets as you stole what they once owned is easy to wash off - when you have about $9,000,000,000 to do it with. :p
 
We are Tottenham said:
I think the money spent on players in the sixties came through the turnstiles.
At least that had some fairness about it. If you produced a successful Team..more fans..
More money. Today it comes out of the oil wells and steal works..lol
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Ha. Not sure if that was intentional (the lol might mean it is) but take credit for it anyway!
 
DubaiSpur said:
Fair enough, I forgot Ajax as a far more recent example. :p

I don't think the strength of the league is as conclusively good for developing European Cup winners as you portray it as being, because to my mind there's also the argument that an overly competitive league forces clubs to concentrate on domestic competitiveness over European performances, and thus actually saps clubs simultaneously competing on both levels. We see that with the Prem now, although Liverpool getting to the EL final last year and United winning the EL this year may signify the start of a reversal of the trend.

As for the argument about instant success, I don't disagree, but that's also simplifying a far more complex argument to an extent - in some ways, instant success may set the stage for sustained success while long-run plans may fail and leave the team as trophyless as it was before it embarked upon them.
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It's easy to forget about Ajax if you're not of a certain age. They were the first team that caught my eye playing a different style of football, but u was only about 7 so maybe it was the strip:D.
As for the league strength relating to EC winners I was meaning in the past when it was a knock out comp. Alas those days are gone. Even for a club one us or Dortmund, juve etc it will take an almighty aligning of the stars.
 
West Ham chairman David Gold has played down speculation the club are chasing Arsenal midfielder Jack Wheelchair, 25, and says the club are searching for two new strikers with Premier League experience. (Talksport)
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Please let this happen. It will let me focus my bile in a more efficient manner.
 
StephenH said:
How do you know this?
I think this is a general misconception, rich owners don't in general spend their own money on players/wages especially in the EPL.
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Reading that back it came across badly - it's his money he can do how he likes.

our net spend/books show he doesn't - it's a business to him - he wants to make as much money as possible and sell up.

We seem to take out loans for most the building works like the training ground.

As I said it's his money - but we do have a billionaire owner.


Edit - 100 million of his own money apprently
 
Joe Lewis Net worth: $4.601 billion
Abramavic Net Worth: $18.2 billion
Sheikh Mansour, with an estimated individual net worth of at least £17 billion with a family fortune of at least $1 trillion
Forbes
 
StephenH said:
Joe Lewis Net worth: $4.601 billion
Abramavic Net Worth: $18.2 billion
Sheikh Mansour, with an estimated individual net worth of at least £17 billion with a family fortune of at least $1 trillion
Forbes
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The world is a messed up place.
 
StephenH said:
Joe Lewis Net worth: $4.601 billion
Abramavic Net Worth: $18.2 billion
Sheikh Mansour, with an estimated individual net worth of at least £17 billion with a family fortune of at least $1 trillion
Forbes
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$5.7 billion for Joe Lewis according to Forbes. $8.8 billion for Roman Abramovich according to Forbes as of today.

Like I said before.... Lewis is roughly two thirds as rich as Abramovich.
 
Finney Is Back said:
$5.7 billion for Joe Lewis according to Forbes. $8.8 billion for Roman Abramovich according to Forbes as of today.

Like I said before.... Lewis is roughly two thirds as rich as Abramovich.
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RA has taken a hit in the last year then.......:D
Joe leases his yacht Roman owns 4 :eek: ........it all a little arbitrary as a calculation in real terms. Cash is king IMHO
 
Legohamster said:
Reading that back it came across badly - it's his money he can do how he likes.

our net spend/books show he doesn't - it's a business to him - he wants to make as much money as possible and sell up.

We seem to take out loans for most the building works like the training ground.

As I said it's his money - but we do have a billionaire owner.


Edit - 100 million of his own money apprently
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Not that old chestnut again, i have been hearing and reading that is what Levy and Lewis have been going to do for years. Guess what? they are still here.
 
parklane1 said:
Not that old chestnut again, i have been hearing and reading that is what Levy and Lewis have been going to do for years. Guess what? they are still here.
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Why would they sell up before the the new stadium?

That would be bad business

If it was not a business he would have said it is not for sale rather than quote them a Billion to sell
 
Legohamster said:
Why would they sell up before the the new stadium?

That would be bad business

If it was not a business he would have said it is not for sale rather than quote them a Billion to sell
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There were a lot of supporters saying that they would sell out several times over the last few years. I remember many of them saying it before we got permission to build, the drift was that once they got that permission they would sell, they also said Levy/Lewis had no intention of building it and would sell before a brick was laid.

As i said its a old chestnut and he/they are still here.
 
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