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Another another new owner

Maldini

By Maldini
in Liverpool FC

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Maldini

Maldini

Posted
Posted

http://www.telegraph.co.uk/sport/football/teams/liverpool/8446713/New-York-Times-takes-major-stake-in-Liverpool-football-club.html

 

 

New York Times takes major stake in Liverpool football club

 

The New York Times Company, America’s most distinguished newspaper group, has emerged as the second-largest shareholder in Liverpool FC, according to new disclosures from the club’s owner, Fenway Sports Group.

newyork-times_1871105c.jpg Sign of the times: The New York Times Company has emerged as the second-largest shareholder in Liverpool FC Photo: REUTERS PaulKelso_60_1782322j.jpg By Paul Kelso 10:30PM BST 12 Apr 2011 Paul's Twitter

 

John W Henry has revealed precious little detail about the ownership structure since he took control last October, but Premier League rules have required him to reveal that he and the Times group are the two most significant shareholders in FSG, which owns Liverpool and the Boston Red Sox.

 

The newspaper publisher, a publicly-listed company in the US, was known to be an investor in FSG, formerly New England Sports Ventures, but the size of its stake in the company and Liverpool was not previously clear.

 

When LeBron James secured a minuscule stake in FSG last week it attracted global interest, but the basketball star’s cosmetic involvement obscured this far more significant revelation.

 

Henry had initially declared only that he and club chairman Tom Werner shared 50 per cent of the voting rights in Liverpool, but has had to update the declaration of interest after the Premier League pointed out that it did not tally with its information.

 

The League requires clubs to declare all owners with more than 10 per cent, prompting a revised declaration on the club’s website. It reveals that Henry and the Times group are the only investors with more than 10 per cent of FSG, though Henry is understood to be the largest single shareholder.

 

The statement also says that Werner is one of “a range of investors” in FSG.

 

The statement reads: “The economic interest in this company is held by a range of investors, including Tom Werner. Those holding more than a 10 per cent interest are John Henry and the New York Times Company (which is quoted on the New York Stock Exchange). John Henry and Tom Werner are generally responsible for the management of Fenway Sports Group.”

 

 

Boca

Boca

Posted
Posted

http://www.telegraph...tball-club.html

 

 

New York Times takes major stake in Liverpool football club

 

The New York Times Company, America's most distinguished newspaper group, has emerged as the second-largest shareholder in Liverpool FC, according to new disclosures from the club's owner, Fenway Sports Group.

newyork-times_1871105c.jpg Sign of the times: The New York Times Company has emerged as the second-largest shareholder in Liverpool FC Photo: REUTERS PaulKelso_60_1782322j.jpg By Paul Kelso 10:30PM BST 12 Apr 2011 Paul's Twitter

 

John W Henry has revealed precious little detail about the ownership structure since he took control last October, but Premier League rules have required him to reveal that he and the Times group are the two most significant shareholders in FSG, which owns Liverpool and the Boston Red Sox.

 

The newspaper publisher, a publicly-listed company in the US, was known to be an investor in FSG, formerly New England Sports Ventures, but the size of its stake in the company and Liverpool was not previously clear.

 

When LeBron James secured a minuscule stake in FSG last week it attracted global interest, but the basketball star's cosmetic involvement obscured this far more significant revelation.

 

Henry had initially declared only that he and club chairman Tom Werner shared 50 per cent of the voting rights in Liverpool, but has had to update the declaration of interest after the Premier League pointed out that it did not tally with its information.

 

The League requires clubs to declare all owners with more than 10 per cent, prompting a revised declaration on the club's website. It reveals that Henry and the Times group are the only investors with more than 10 per cent of FSG, though Henry is understood to be the largest single shareholder.

 

The statement also says that Werner is one of "a range of investors" in FSG.

 

The statement reads: "The economic interest in this company is held by a range of investors, including Tom Werner. Those holding more than a 10 per cent interest are John Henry and the New York Times Company (which is quoted on the New York Stock Exchange). John Henry and Tom Werner are generally responsible for the management of Fenway Sports Group."

 

 

 

 

Nothing story really. It's been well documented that the New York Times had a shareholding in FSG.

Maldini

Maldini

Posted
  • Author
Posted

Yeah, interesting that it's such a large shareholding, don't think it changes anything though apart from giving journos a few more lines of filler in future match reports.

Red Kent

Red Kent

Posted
Posted

Nothing has actually changed...

 

It has, I thought we were owned by Henry and Werner, but now we've got a comic and a netball player............................

Clay Davis

Clay Davis

Posted
Posted

It has, I thought we were owned by Henry and Werner, but now we've got a comic and a netball player............................

Joking aside, it is a bit weird. Its a byproduct of them having stakes in FSG I think though rather than being directly involved with the club. Henry and Werner still run FSG and us.

JRC

JRC

Posted
Posted

Also confirms the rebuttal evidence to those who claim that Henry is no richer than Hicks, so we're no better off etc. etc. There is serious money involved in FSG.

Dan

Dan

Posted
Posted

It has, I thought we were owned by Henry and Werner, but now we've got a comic and a netball player............................

 

Well you should have read up on them a bit more. This info has been out in the public domain for ages and it changes nothing. Would you rather we had one rich owner? Say a meglomaniac like Abramovich who picks the team? You're being dramatic. Again.

Hassony

Hassony

Posted
Posted

Aren't they the people who printed false information about WMDs that led to a war?

 

*legal disclaimer, sorry if its not them.

 

maybe they should do one about Manchester

Antynwa

Antynwa

Posted
Posted

NYT where one of the investors behind NESV.

 

I think this is basically going to be who is the most interested in investing in the club and sort of branching off from NESV. We're a biggish risk, JWH needs serious people on board.

D.Boon

D.Boon

Posted
Posted

It has, I thought we were owned by Henry and Werner, but now we've got a comic and a netball player............................

 

Whats worse Kev is that they are more bloody yanks, they don't understand our game or our culture.

Rory Fitzgerald

Rory Fitzgerald

Posted
Posted

It all remains to be seen how this affects us.

 

All we know is that FSG bought us and now they have sold a stake to Le Bron James and a more significant stake to NY Times.

 

The money either goes to FSG's owners or they use the cash to invest in the club.

 

Lets see how it goes - I'm hopeful that their early business is to further our Summer spend

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