Do you really need to be spoon fed on everything?
You said:
That was nonsense and brings back the silly arguments we use to have on this board ( 04- 12) where we would have a back and forth on whether spending on the team or club creates value for shareholders. I'm not going to google deloitte for you but you'll notice that minnows like Citeh, Chelsea and the Spuds forced themselves into the top 10 richest clubs in the world by MARKET VALUE by doing just that.No board in the world has the fans or clubs best interest at heart. They are businesses.
So please, after the figures I've just shown you, kindly explain how they have "sold/re-invested" more cleverly than everyone else? Or how have they not been spending money like City or Chelsea? They are the 3rd highest spenders in the period I've shown you and have exactly how many Titles to boast about in that 26 year period?Liverpool haven’t got to where they are through spending money like City or Chelsea. It was clever selling and reinvestment.
Or is your argument that they have been clever and cautious in reinvesting money made from transfers recently- lets see.
In 17/18, after and even before the Coutinho transfer, Liverpool were spending big on players. At the end of the season they received from the sale of Coutinho and all other players £161m after having spent £151m (remember Coutinho transfer was in Jan this year). Net profit 10m.
However, this season they made £15m on transfers but "cautious" Pool still spent £160m on new players. Net Loss 145 million. So what exactly is unChelselike or unCitehlike about this level of spending?
They've spent more than anyone this season and are on course to win the title. Guess who spent the most last season? Citeh did by a mile (£285m) and won the league. Man U spent £185m (the 2nd highest amount) and came 2nd.
Now my argument is not that spending will guarantee you the Title, unless Leicester would have never won it the year they did. What I am saying though is without a doubt it helps a lot and specifically in this argument it hurts no one, shareholders or fans , and thats because big teams still gain value even without major trophies but not without the entertainment that world class players provide- as this is all showbiz or do we really need Vince Mcmahon to explain this to us.