Future For Ownership

[jung]

The ego part of this ownership for JH is more about how much he will make turning this business than it is about owning the Red Sox. JH is going to make a huge amount of money when he turns this team and that is likely what occupies the frontal lobe right now.

 

I don't think there is a snowballs chance in hell of him owning this team for another ten years. He will have to much in paper profits that he can only take by selling long before ten years is up. I do agree that what happens with LL could accelerate the pace of a sales process even further.

[Elktonnick]

The ego part of this ownership for JH is more about how much he will make turning this business than it is about owning the Red Sox. JH is going to make a huge amount of money when he turns this team and that is likely what occupies the frontal lobe right now.

 

I don't think there is a snowballs chance in hell of him owning this team for another ten years. He will have to much in paper profits that he can only take by selling long before ten years is up. I do agree that what happens with LL could accelerate the pace of a sales process even further.

 

I agree I think JH is all about the deal. If another opportunity like Liverpool or his move getting the Red Sox when the franchise was in turmoil back in 03 arises he'll jump at it! IMO

[Bellhorn04]

Speculation is a lot of fun. I wouldn't be surprised if JH hangs onto the Sox for awhile just because it's what people are thinking he won't do.

[jung]

Speculation is a lot of fun. I wouldn't be surprised if JH hangs onto the Sox for awhile just because it's what people are thinking he won't do.

 

Well that would suggest that he would just let millions upon millions in paper profits just sit there at risk just for the heck of it. I don't think he is that kind of eccentric.

[SoxSport]

I don't think a lot of people would be surprised if he sold the team. He's a hedge fund guy. He buys low and sells high. And it's possible the TV sports are on a bubble.

[Bellhorn04]

Well that would suggest that he would just let millions upon millions in paper profits just sit there at risk just for the heck of it. I don't think he is that kind of eccentric.

 

I'm not really saying he's an eccentric. What I'm saying is:

 

-I think he might be more of a baseball guy than people realize.

-The Red Sox are not just any old financial asset.

-He's already got exponentially more money and more assets than any human needs.

 

Are the Steinbrenners eccentrics?

[Muggah]

Well that would suggest that he would just let millions upon millions in paper profits just sit there at risk just for the heck of it. I don't think he is that kind of eccentric.

 

Henry's wife's comments spoke volumes when she spoke about him being happy to be home so he could see the soccer match after his 'fictional' slip on the yacht so he didn't have to face the media over the Tito flap. Similar to what he was when he first bought the Sox, Henry is considered a rock star in soccer world right now. Here he's been nothing short of a punching bag over the way the team's been handled the last four years.

 

You do the math. Henry would sell the team in a heartbeat in the money was right. Let's hope someone more responsible does just that---steps up and makes him an offer he can't refuse. The days of this organization winning anything on Henry's watch are long gone.

[SoxSport]

Are the Steinbrenners eccentrics?

 

yeah, they are.

 

When they don't win, they destroy furniture and anything else in sight.

 

Henry regards teams as investment toys. Don't be surprised if he sells the Sox and buys the As, and builds them up again as a power.

[SoxSport]

Henry's wife's comments spoke volumes when she spoke about him being happy to be home so he could see the soccer match after his 'fictional' slip on the yacht so he didn't have to face the media over the Tito flap. Similar to what he was when he first bought the Sox, Henry is considered a rock star in soccer world right now. Here he's been nothing short of a punching bag over the way the team's been handled the last four years.

 

You do the math. Henry would sell the team in a heartbeat in the money was right. Let's hope someone more responsible does just that---steps up and makes him an offer he can't refuse. The days of this organization winning anything on Henry's watch are long gone.

 

Spot on, in my view.

 

He let Epstein get away with murder the last couple years, especially signing CC against Henry's better judgement--as he let slip on WEEI. And I suspect he would love to get out from under the Yankees in the AL east.

[ibot2much]

I'm not really saying he's an eccentric. What I'm saying is:

 

-I think he might be more of a baseball guy than people realize.

-The Red Sox are not just any old financial asset.

-He's already got exponentially more money and more assets than any human needs.

 

Are the Steinbrenners eccentrics?

 

 

I don't think baseball is anymore important to him than any other sport that can earn him money.

 

The Red Sox is just one more financial asset...any importance would be in Fenway's 100th and then it is nothing special.

 

So he will continue to seek more money because that is how he is wired.

[jung]

JH is not the Steinbrenners. They are baseball people. JH is a sports enterprises business man.

 

I could see JH selling here and buying Oakland. He would be able to monetize his profits here. He is well into long term capital gains by now. In selling here and buying in Oakland he eliminates the downside risk he is currently exposed to in leaving all of his paper profits on the table, ends up buying a team on the cheap that already has management assets that the admires. Buying it right means his downside risk will be much reduced.

[Bellhorn04]

JH is not the Steinbrenners. They are baseball people. JH is a sports enterprises business man.

 

George Steinbrenner wasn't 'baseball people' until he bought the Yankees.

[SoxSport]

I could see JH selling here and buying Oakland. He would be able to monetize his profits here. He is well into long term capital gains by now. In selling here and buying in Oakland he eliminates the downside risk he is currently exposed to in leaving all of his paper profits on the table, ends up buying a team on the cheap that already has management assets that the admires. Buying it right means his downside risk will be much reduced.

 

Now that we've given Henry a good idea about buying the As, maybe he'll cut us in on the ownership.:thumbsup:

[SoxSport]

George Steinbrenner wasn't 'baseball people' until he bought the Yankees.

 

The Steinbrenners made their money building ships. George's father or grandfather.

 

His father, by the way, was an All American track star at MIT. Maybe an Olympian. There's a Steinbrenner stadium at MIT paid for by George.

[Bellhorn04]

One thing nobody's mentioned is how much say Queen Linda might have in all of this.

[jung]

George Steinbrenner wasn't 'baseball people' until he bought the Yankees.

 

So what was George supposed to do....win the lottery five times over to get enough money to be an owner. Everybody in baseball got their money someplace else. I doubt you will find the Steinbrenner's over in England looking for "football" teams to buy.

[YAZMAN]

The ownership is too smart to sell this cash cow, bottom line.

[Elktonnick]

The ownership is too smart to sell this cash cow' date=' bottom line.[/quote']

 

Sell high. Buy low.

[YAZMAN]

Sell high. Buy low.

 

The franchise is more like a blue chip stock with a substantial dividend. You usually don't sell off the steady revenue producers.

[SoxSport]

The franchise is more like a blue chip stock with a substantial dividend. You usually don't sell off the steady revenue producers.

 

It could be a question of what is the break even point for the Red Sox. They are in luxury tax trouble from their expensive signings the last couple years and don't have a fantasy budget like the Yankees. Henry just may get tired of trying to compete with the Yankees in the same division--in a ballpark that is pretty much maxed out in revenues and a smaller TV market. If another investment toy in baseball becomes available, he probably would look at it. Though the Red Sox have to be one of the better ones. It's really all about market size for the TV revenues.

[oreilly1]

The owners have bought my club in England (u.k) and have sacked two managers since the purchased the club 18 months ago. I get the general talk here in this thread and it worries me that my club Liverpool FC have owners looking to make a fast buck then do one. Am i right on this???

[seabeachfred]

The owners have bought my club in England (u.k) and have sacked two managers since the purchased the club 18 months ago. I get the general talk here in this thread and it worries me that my club Liverpool FC have owners looking to make a fast buck then do one. Am i right on this???

 

I think the jury is out on that one oreilly. When Prune Face Henry bought the team along with his two cohorts they seemed intent on putting the best team on the field they could. They succeeded beyond their wildest dreams---Two World Series Titles in their first six years, but since our last one in 2007 it seems like this group has lost interest in the team. What's more, they have made more than their share of personnel disasters, poor FA signings, and inept people in critical jobs. This is only my opinion mind you but there has developed some real antipathy towards Red Sox ownership the last few years and I would advise you and your friends in England to keep a wary eye on those people now running your team.

[SoxSport]

I wish Henry would sell. He has become a real softy.

[Gringo]

He'll sell Liverpool before he sells the Red Sox.

[Gringo]

The owners have bought my club in England (u.k) and have sacked two managers since the purchased the club 18 months ago. I get the general talk here in this thread and it worries me that my club Liverpool FC have owners looking to make a fast buck then do one. Am i right on this???

 

You better hope they are money motivated. They know the money is in the Champions League, that's why they gave Dalglish all that money to spend. Unfortunately it blew up in their faces, so heads had to roll.

 

I think Henry will keep both clubs until one (or both) of them starts bleeding money.

 

I wouldn't worry too much about Henry's dedication to LFC. He came in, paid off all your debt and splashed out the cash. What else can you ask of a new owner? I don't know how your new stadium thing plays into his thinking, but if I were you, I'd be pleased to have him as owner.

[Elktonnick]

You better hope they are money motivated. They know the money is in the Champions League, that's why they gave Dalglish all that money to spend. Unfortunately it blew up in their faces, so heads had to roll.

 

I think Henry will keep both clubs until one (or both) of them starts bleeding money.

 

I wouldn't worry too much about Henry's dedication to LFC. He came in, paid off all your debt and splashed out the cash. What else can you ask of a new owner? I don't know how your new stadium thing plays into his thinking, but if I were you, I'd be pleased to have him as owner.

 

Henry's business record is to buy franchises and entities in distress and turn them around and sell at a profit. One of the cardinal rules of the smart and successful investor is never fall in love with ones investments. He bought both Liverpool and the Red Sox when they were in distress and undervalued. I think he'll sell either or both when presented with the right opportunity.

[yeszir]

Only a few million more years until Talksox generates enough revenue for me to buy it from them

[mvp 78]

Would we cut it to 500k years if I clicked on the ads?

[Jwmann2]

As profitable as the Red Sox have been, why sell? Don't owners typically sell when the franchise is down and out? Phoenix Coyotes, New Orleans Hornets.

[a700hitter]

I had a cynical thought this morning. That's not foreign to me.

 

Chew on this. I am sure that it will make people's heads explode, but those of you who like to think ahead many moves may be thinking this way already.

 

A few posters have felt strongly that JH and the ownership group have been positioning the team for a sale while the franchise is at its highest value. Before businesses divest of operations and business lines they usually implement cost cutting measures and slash expense liabilities. It makes the asset look much more attractive to buyers. Have the owners gutted the team of payroll in preparation of selling the team? Talk amongst yourselves.