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Liverpool: Expert hails FSG after financial figures emerge

Liverpool: Expert hails FSG after financial figures emerge -Liverpool News

Liverpool have enjoyed ‘incredible growth’ under owners FSG after some key figures emerged, according to football finance expert Kieran Maguire.

The Lowdown: FSG divisive owners

Since taking over in 2010, there is no doubt that FSG have divided opinion at Anfield, with some praising their ownership and others struggling to warm to them.

They have funded plenty of top-class new signings and have expanded Anfield impressively but they have also made some bad missteps along the way.

The Americans were in favour of the European Super League and were also forced to reverse their decision to furlough staff when the coronavirus pandemic hit in 2020 after fierce backlash.

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The Latest: Maguire hails growth

Speaking to Football Insider, however, Maguire has lauded FSG in a financial sense, claiming the pre-pandemic £348m improvement in revenue is ‘incredible’:

“You only need to take a look at the numbers. If we look at the first decade of FSG ownership, which takes us up to just before the pandemic, revenue went from £185m to £533m.

“That’s incredible growth. FSG have done their sums. They’ve doubled matchday income. They have tripled commercial income as well. Broadcast income has risen on the back of finishing higher on a regular basis in the Premier League and their success in Europe.

“All of those factors signal that FSG is a smart bunch of cookies.”

The Verdict: Undoubted praise needed

The main thing FSG merit praise for is the stability they have brought to Liverpool, often working within their means and ensuring the club is one of the best-run in the country.

Financially, the Reds have never been stronger and that is partly down to their naturally cautious approach, never overspending on individual players and keeping tight wage structure, something which has been in the spotlight recently due to Mohamed Salah.

As is the case with most football-related things, there is a middle ground with FSG in terms of how they should be viewed, but we feel the positives far outweigh the negatives overall.

In other news, Jurgen Klopp reportedly wants to sign an England international this summer. Read more here.

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Article title: Liverpool: Expert hails FSG after financial figures emerge

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