Expert casts his eye over Liverpool's finances in wake of run to Champions League final

Blood Red: The Liverpool FC Podcast

Reach Podcasts

News, Soccer, Sports, Sports News

4.4 • 979 Ratings

🗓️ 24 August 2018

⏱️ 38 minutes

🔗️ Recording | iTunes | RSS

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Summary

News broke today (August 24, 2018) that Liverpool have been the subject of a failed £2bn bid to buy the club, which would have been the most expensive takeover in the history of football.Our Liverpool FC correspondent James Pearce subsequently reported that the club's owners, Fenway Sports Group, have no intention of selling up, however they would be open to selling a minority stake in return for the right investment.That in turn led our Liverpool FC reporter Ian Doyle to speaking to football finance expert Kieran Maguire, a lecturer in the subject at the University of Liverpool.You can read both Ian’s and James’s articles on the Liverpool ECHO website.But earlier in the year, in the week after the Champions League final defeat to Real Madrid, we sat down with Kieran for a special podcast.He discussed the strength of Liverpool’s finances following the run to Kiev, assessed FSG, and explained why the Reds need to run to stand still in the Premier League due to the financial strength of the Manchester clubs.The podcast was published exclusively on the LFC ECHO app on May 31, 2018, but you can now listen to it here, too. It remains an insightful listen. For information regarding your data privacy, visit acast.com/privacy Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	This is a Liverpool Echo podcast on Anfield Plus, the home of your daily
0:05.4	podcast bringing you the inside track from Liverpool FC.
0:08.8	Well, hello, my name is Paul Wheelock and welcome to this special Anfield plush
0:12.2	podcast. I'm delighted to be
0:13.8	joined by Kiran McGuire, football finance expert and also a lecturer in the
0:17.6	subjects at the University of Liverpool. Kiran thanks very much for allowing me
0:20.9	to come into this morning. My pleasure, I'm looking forward to it.
0:23.2	Good, well, you know,
0:24.8	Liverpool went desperately close to glory on the field
0:27.0	at the weekend in the Champions League final.
0:29.8	But even though they just fell at the final hurdle it's certainly been a successful
0:34.1	season off the field in the Champions League for Liverpool isn't that?
0:37.1	Absolutely and I think from the point of view of the club and
0:40.7	yurgan clock getting to the final was probably more important than winning it from the ability to go forward and compete in the market.
0:49.7	They made 78 million euros from their Champions League prize money and then on top of that
0:57.3	you've got other money coming in from merchandise and bonuses from sponsors and
1:00.9	things of that nature so yeah it's been a very successful
1:04.4	27 2018 and also the I think the brand of the club and yeah the football
1:11.1	fan we don't really want to be talking about things like this but
1:13.0	but Liverpool are playing the best football in the country along with Manchester City and
1:18.8	that's taken now for granted so that's going to increase their ability to get for they're 78 million euros. When you add that to the money that they've made from the
1:33.7	Premier League in terms of central payments and the TV money and the
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