catcherintherye
Player Valuation: £80m
Think this reflects both clubs owners businesses, FSGs entire business portfolio has been cut of income for three months, they will have lost hundreds of millions collectively already... Metalloinvest and Megafon arent listed but their competitors havent been badly damaged by the virus
Yes I mean I've tried to keep the focus on the two clubs there. But yes it's hard to not put the ownership into the picture. USM, Moshiri, Usmanov etc are all earning billions from this, and will continue too. They have very diverse, and fundamentally just much richer portfolio's. They also likely have more tangible assets, (be it gas, oil or machinery) that will be available after this.
FSG's wealth is almost entirely based upon sports teams. That is extremely volatile, and has taken a massive plunge. It may well be that the value of the assets they have is worth less than the liabilities they have. A lot of their implied wealth will be based upon crazy projections of what say Liverpool is worth 2bn. Id rather have 2bn worth of gas, than a football club showing that.
You add in America is a pretty horrific market to be centred in currently, with a maniac in charge who is going to take increasingly short term decisions that benefit himself, but burden the US market in the medium term.
If FSG get in trouble, they will just start selling players from Liverpool.
When it's all factored in, they are in a far worse position than us.