- Apr 29, 2008
Isn't part of the cost being met by government funds?Not convinced of that. He lost control of the stadium project, and his club will be carrying a significant debt for years as a result. He has done so right as his club had the most promising concentration of talent it has had in at least a generation. You could easily argue that they are 1-2 players away from being able to compete for league and Europe at the highest level. Instead, they are running 3rd well back in the league, look spent playing in a CL semi-final, and are very likely to lose more talent than they bring in this summer.
Undoubtedly a very intelligent man, but seems either to have a poor sense of the big picture, or overconfidence in the ability of the improved stadium revenue to create a chance like this for his club again. Had FSG done to LFC what Levy has done to Spurs, SoS would be in full activist mode demanding they sell the club.
Also, they will have greater opportunities for growing non football revenues than us.