Liverpool could face points deduction

Tombstone · 13 Oct 2010 at 21:43

FrankJH said:
Wondering whether Mr Lim's bid is being discounted ONLY because his money was mainly made from Man Utd themed bars around Asia (even though he seems to be offering the most cash (and to pay off the RBS debts completely according to reports anyway)

Nah, if it was me I would discount it in favour of Henrys offer too. Henry leads a group who have significant sporting knowledge (all be it not in football), knows and understands what it means to take a former giant of their sport (Red Sox) who havent won the main title for a huge length of time and turn them around into a winning team and has handled the renovation/rebuild of sports stadiums before...

Whereas Peter Lim has some food joints with a footbally theme but no significant practical sporting business experience.

I know which one looks a better candidate for the long term, regardless of how much more Lim might offer initially.

FrankJH · 14 Oct 2010 at 09:33

totally valid point - I would only say that just because it works for a different sport in a different country doesnt mean the same thing will work for LFC in England

As to whether its true or not - its been suggested by Lim that he is offering more in outright cash, and to pay off all the debts , given how much cash Liverpool generate from the pitch side of thngs, it could be argued a (specifically) football fan - even if the industry where he made his money is different, cant be overlooked. IF Liverpool didnt generate so much money then it could well be different

At the end of the day they are both giant industry successes, so they know how to make money for a certain product - whether right or wrong I would still take the person actually interested in football (a passion for football is more important imo than a business success who looks at the product dispassionately)

Admiral Huddy · 14 Oct 2010 at 09:37

All in the hands with RBS then? Good luck with that then.

Tombstone · 14 Oct 2010 at 12:54

FrankJH said:
totally valid point - I would only say that just because it works for a different sport in a different country doesnt mean the same thing will work for LFC in England

As to whether its true or not - its been suggested by Lim that he is offering more in outright cash, and to pay off all the debts , given how much cash Liverpool generate from the pitch side of thngs, it could be argued a (specifically) football fan - even if the industry where he made his money is different, cant be overlooked. IF Liverpool didnt generate so much money then it could well be different

At the end of the day they are both giant industry successes, so they know how to make money for a certain product - whether right or wrong I would still take the person actually interested in football (a passion for football is more important imo than a business success who looks at the product dispassionately)

I totally agree with the might not work in another country point, though at least having some experience of whats involved in a business standpoint with a sporting team beats having no business experience of sports beyond painting your restaurants red and sticking Man Utd posters up

Certainly Lim might offer more short term cash as you rightly say but for long term success I would prefer the guy who has already turned round the fortunes of teams in several sports and understands whats required when it comes to sports business.

FrankJH · 14 Oct 2010 at 22:48

He seems to be the prefered bidder - so it looks like we will find out if Mr Henry was the right person in the next few years (once H & G get whats coming to them)

Of course even if Mr Henry fails - doesnt automatically mean Mr Lim would have been a better choice, but I have to concede (even a little begrudgingly) the EPL needs LFC just as much as LFC needs the EPL

Tombstone · 15 Oct 2010 at 11:22

FrankJH said:
He seems to be the prefered bidder - so it looks like we will find out if Mr Henry was the right person in the next few years (once H & G get whats coming to them)

Of course even if Mr Henry fails - doesnt automatically mean Mr Lim would have been a better choice, but I have to concede (even a little begrudgingly) the EPL needs LFC just as much as LFC needs the EPL

True again.

All we can do is wait and see if Henry delivers where others have failed. I think you're right about the synergy between LFC and EPL too, LFC has global weight and that in turn is of great benefit to the EPL. Even the most avid Liverpool hater I have met (and god knows there are enough of them) agrees that its better for the EPL to have Liverpool in it than not.