Football finance expert Kieran Maguire has been speaking on the latest edition of The Price of Football podcast about FSG and how they see Liverpool and other news from the world of football.
FSG bought the Reds in 2010, and since then, they have had some success by winning both the Champions League and the Premier League.
They have also made some huge sales that have then funded their transfers, and Maguire believes that FSG see Liverpool as nothing more than a way to make money, and they also rely on being able to sell a big player at regular intervals.
He said: (34:33) “I think the Liverpool ownership model is very much geared towards trying to break even on a day-to-day basis, making some profits from a big sale, if not every year, perhaps two in every three years.
(35:04) “That [selling players] has dried up over the course of the last 12 to 18 months. So I think actually, part of the reason why Liverpool perhaps haven’t spent as much money as some fans would have liked is because they’ve not been selling players to the same extent.
“They tended to have a one out one in broad policy, not in a single season, but over a slightly longer period of time. There’s no doubt that FSG do view Liverpool as a cash cow.”
Do you think that FSG view Liverpool as a cash cow?
Yes, they don't care about the club
No, they value Liverpool
TIF Thoughts on FSG and Liverpool…
The fact that Maguire claims that FSG see the Reds as a cash cow is concerning and implies that the ownership group don’t care about the club they own and see it as a way to make more money.
This is, of course, backed up by John Henry’s attempts to include Liverpool in the European Super League, which would have destroyed football as we know it.
Since FSG bought the club Liverpool have made huge sales, with the likes of Philippe Coutinho, Raheem Sterling, and Luis Suarez all leaving Anfield for vast sums of money, so we can see why Maguire thinks FSG see Liverpool as a cash cow, and we have to agree with him.
In other news: ‘A nightmare situation’ – Journalist claims Jurgen Klopp will ‘regret’ this call at LFC