Why buying Liverpool or Man Utd might not make sense for nation states or consortia

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Why buying Liverpool or Man Utd might not make sense for nation states or consortia
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🔍 There are four different kinds of potential buyers for Liverpool and Manchester United, but does a deal really make sense for each of them? 🟢 _Dan_Austin for iPaperSport

It is of course possible that a solo billionaire could decide that the thrill and fun of owning one of the world’s premier sports teams in enough reason to take the plunge. After all, they have the money, and what else are they spending it on if not a shot at fun and glory?

Some billionaires may be eccentric and prone to making vanity purchases, but the idea of spending the whopping amount it would take to purchase Liverpool or United and then run it alone with little realistic prospect of taking home a profit on that investment any time soon seems to make little sense.

The problem with that, though, is if consortia of Americans have decided that now is the right time to sell Liverpool and United, why would very similar groups of people suddenly decide that now is the right time to buy? Any American consortium wanting to purchase either club would be doing so in order to make a profit, just like FSG and the Glazers. But while FSG were able to increase the value of Liverpool by around 1,000 per cent in just over a decade, it is hard to see where a huge increase in the value of a club will come from in the next few years.

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