Kieran Maguire: Liverpool owners FSG 'won't be happy' after crisis talks last week
Liverpool owners Fenway Sports Group “won’t be happy” after a lockout in Major League Baseball, according to Kieran Maguire.
However, the football finance expert, speaking exclusively to Football Insider, claimed the problem will not have an impact on Liverpool’s “recruitment and retention budget”.
As reported by the BBC (2 December), the Collective Bargaining Agreement (CBA) between MLB and the Major League Baseball Players Association (MLBPA) has expired.
The MLBPA want to a greater share of the revenues that MLB have been pulling in since the last CBA was agreed.
FSG own MLB franchise Boston Red Sox as well as Liverpool.
According to the Liverpool Echo (2 December), John Henry played a key role in crisis talks in a Dallas hotel amid the threat of the 2022 season being delayed.
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When asked by Football Insider‘s Dylan Childs for his assessment of the latest developments, Maguire said: “FSG won’t be happy.
“But Liverpool are a stand alone in the sense that in a non-Covid environment the club’s business model is to break even. I don’t see what is happening in the Major League as being a negative.
“If any of the individual elements of the FSG empire makes money, that goes back to the mothership. If it makes losses then they tend to get external funding.
“The good news from Liverpool’s point of view is that I cannot see this causing issues in terms of the recruitment and retention budget.”