Skip to main content

Posts

John W. Henry and Liverpool

Is he a semi-detached owner, asks the New York Times? It is coming up to a year since Henry last watched a Liverpool game in the flesh. Henry is 76, so regular transatlantic flights are perhaps more challenging. But throughout FSG’s 16-year tenure, the pattern has largely stayed the same, with Henry only visiting Anfield once or twice a season. There was a reason fans chose a picture of Henry with his fingers in his ears to display on Saturday — his lack of engagement means chief executive officer Billy Hogan effectively acts as his representative on earth, a conduit between the levels of management below him and the tier of ownership above. Hogan has left a generally good impression on supporters who have worked with him in the past due to his responsiveness. Senior executives elsewhere in football have formed the view that FSG rate him extremely highly, but it is also very clear he is there to do a job for them. Though he is viewed as intelligent and well-mannered, he alway...
Recent posts

Everton's out performance brings financial rewards

When the Premier League was formed Everton was closely involved in the discussions as it was seen one of the country’s top clubs.  Since then, it has had some challenging times on and off the pitch, but a brighter future now beckons.   Sad to say, my old friend and lifelong Bill Tupman is not here to see it. From his Zurich fastness, the Swiss Ramble has reviewed the 2024/25 accounts which cover the last season at Goodison.    Here are some highlights: much more data and in depth analysis of his Substack page. Ownership change Friedkin purchased Moshiri’s 94.1% holding, then converted the £451m shareholder loan into equity, raising the stake to 97.2%, while finally making an additional equity injection to repay third party debt and satisfy working capital requirements, giving a total shareholding of 99.5%. Everton fans will have breathed a sigh of relief, not only because this brought an end to Moshiri’s uncomfortable tenure, but also because they manage...

Grecians seeking gifts

I have always been sceptical of the viability of the fan ownership model in professional football and the recent experience of AFC Wimbledon and Exeter City confirms this.  Exeter City badly need external investment to survive and flourish:  https://www.devonlive.com/sport/football/football-news/exeter-city-external-investment-necessity-10940501

Saudis fly in for Newcastle conference

Yasir Al-Rumayyan will lead a 25-strong delegation of PIF officials flying in for Newcastle United’s board-level meetings in Northumberland this week. The club’s chairman and governor of Saudi Arabia’s Public Investment Fund (PIF), Newcastle’s 85 per cent owners, will hear from senior figures throughout the club, including Eddie Howe, the head coach, and David Hopkinson, the CEO, during an annual ‘off-siting’ conference at Matfen Hall, the luxury country hotel 16 miles west of Newcastle, on Wednesday and Thursday. Hopkinson has confirmed that Newcastle’s plans for their stadium — with a decision to be made on whether to expand St James’ Park or build a new ground nearby — and their training ground, with a site identified at Woolsington near Newcastle International Airport, will be on the agenda, as will his already approved plan to turn the club into one of the world’s best by 2030. Around 25 PIF officials, according to Hopkinson, will be joined by Jamie Reuben, the minority owne...

Super League supremo back in the game

 Andrea Agnelli, one of the architects of European football’s controversial Super League, is launching a comeback as a sports investor. Five years after his failed attempt to upend the continent’s footballing landscape, Agnelli has established Gamma Waves Partners, an investment firm that will target opportunities in innovative sports competitions and formats, as well as teams and athletes. Based in Amsterdam, where Agnelli now lives, Gamma Waves will manage money invested by the former Juventus boss and co-founders including Rocco Benetton of the eponymous fashion dynasty and former Italian football captain Giorgio Chiellini.  Agnelli acted as vice-chair of the European Super League, a closed league for the continent’s biggest clubs. The project collapsed in 2021 within days of becoming public knowledge after a backlash from supporters and politicians forced clubs to pull out. His new venture will take minority stakes in businesses seeking to boost fan engagement with s...

Como's unique strategy offers a new pathway to success

After multiple bankruptcies and a 21-year absence from Italy’s uppermost football league, Serie A, Como 1907 now finds itself near the top of the ranks as the season closes. Just two years after it rejoined the league, a lucrative Champions League place lies within reach. Yet for some, the most striking part of Como’s recent turnaround lies beyond goals on the pitch. Club executives have been positioning it less as a conventional football team dependent on match-day successes and more as a global lifestyle brand that has Lake Como — and fashion — at its heart.   Under the club’s chief brand officer Rhuigi Villaseñor, a seasoned fashion industry creative director and club shareholder appointed in 2024, Como works with four high-profile brands on lines for fans, including Brioni for formalwear, Rhude on casual and streetwear, Hublot on luxury timepieces and Adidas on its technical kits, including a sailing collection called Lago di Como. The team also offers luxury lake experienc...