Daniel Taylor, in his debut article for Rousing the Kop, discusses the implications of a financial takeover from a personal perspective.
In recent weeks, we have heard a lot of news about the club’s future. This news involves the ownership of Liverpool Football Club. As interest develops from China Everbright, fans are really intrigued about what this means for the future of the club.
As rumours slowly intensify, we should look at the positives and negatives that would come with financial takeover for Liverpool.
Although I have seen mixed reactions, the bulk of fan response has been really positive. It seems that fans are in favour of this takeover happening. In my opinion, I feel that supporters have reacted this way because of the Chinese group’s financial situation. It became clear very quickly that the Chinese group are worth billions of pounds which highly excites fans.
This transfer window, Premier League clubs spent over £1 billion, so it’s clear that times are changing. Whether this is good or bad is another story, but what is clear is Reds’ fans want to see their club spend big on marquee signings like everyone else.
Fans believe that money from Everbright can take the club an extra step forward and attract bigger names to the club.
One point that is worth addressing is that even with ridiculous money, who says Klopp is the kind of manager to spend this kind of cash? We have seen from this transfer window, by not buying a left back, that Klopp is a firm believer in player development and this is no secret.
The youth system is something I am an admirer of. I enjoy seeing young players come through the academy and get their chance. In the past, this system brought us one of the club’s all-time greatest players in Steven Gerrard, and more recently we are seeing players like Sheyi Ojo get a chance.
But with a takeover, how much will the youth system be used and invested in? If the club has massive money to spend, why wouldn’t they go out and spend it?
It’s things like this that worry me. We see this example with Manchester City. They have a real lack of homegrown players within the club and they do not have many players coming through their own youth system.
I would hate to see this happen to Liverpool as producing young talent is a trait Liverpool are known for with recent young departures such as Raheem Sterling and Jordan Ibe going for a combined price of £65 million.
This displays how well the youth system can be executed by bringing through quality to help the side as well as gaining huge profit. The youth system isn’t expensive compared to spending big on established players who don’t quite make it.
An important point is who knows what the Chinese group may be like? They could make significant decisions within the club which may be harmful to the nature of the club. I would hate to see them try and run the club like a business similarly to Gillette and Hicks because that’s not what Liverpool is.
Personally, I do feel that this move is a good one for Liverpool and I am hoping for good investments and positive change. The financial backing may be amazing for us because Liverpool is still a sleeping giant in my eyes and Everbright may be the factor to wake us back up!
However, naturally, I am still cautious about this development.