You'll also get the latest transfer talk and analysis straight to your inbox every day with our FREE email newsletter. Like many financiers he started his working life at Goldman Sachs in New York, spending 20 years there and rising to partner before leaving in 2012, spending a few months at BDT Capital Partners before setting up private investment firm Red Bird Capital Partners. The American financier has, like Beane, an interest in sporting analytics and invested in Austin, Texas-based firm Zelus Analytics, which is described as a world-leading sports intelligence platform for professional sports teams. Telegram. RedBall, led by billionare financier Gerry Cardinale and baseball executive Billy Beane, set up as a special purchase advisory company (SPAC) earlier … Liverpool correspondent Paul Gorst will also be sending an extra weekly newsletter with all the latest from behind-the-scenes at Melwood. "Where there is a return on an investment, that is where FSG come into play and that is why in the next five years, you will probably see the first few shoots of this happen. ReddIt. Gerry Cardinale is the Founder and Managing Partner of the firm. Liverpool owner John Henry is currently trying to secure a £6bn deal with American investment firm RedBall Acquisition over a possible merger. Liverpool have been taken a long way by their owners, Fenway Sports Group, but the next stage of the US group's plan is becoming clear. During his time at Oxford he indulged his love of rowing, something he pin-points back to the Philadelphia working class roots of Jack Kelly, a three-time Olympic gold medal winner, and father of actress Grace Kelly, who rose from humble roots as a Philly bricklayer to succeed on the water and in business. The links with RedBall were more than simply speculation; it was more a clear sign that FSG are open to something like that happening in the near future. The planned deal between Liverpool owners Fenway Sports Group and RedBall Acquisition Corp looks likely to be held up until later in the year. Last week saw reports emerge that FSG were set to move into a new phase of their ownership of Liverpool. "It is something that Liverpool and FSG will explore and eventually it will be something all of the big clubs are doing.". Liverpool owner John Henry, who also owns the Boston Red Sox, tried to hire Beane years ago to help the Red Sox and Liverpool. You can unsubscribe at any time. First just click on this link to our newsletter sign-up centre. After drawing RB Leipzig in the Champions League last-16, there has been much talk about the Red Bull group and the way that the energy drinks brand has successfully taken its football clubs to the top. When you've made your choice, press the Update Preference button at the bottom. Tumblr. Business of Football Writer. The Liverpool connection was furthered by the appointment of ex-Reds director of football, Damien Comolli, as chairman of the French side. RedBall is a special purpose acquisition company (SPAC) headed up by Gerry Cardinale, the founder and managing partner of private equity firm RedBird Capital, and Oakland A’s executive Billy Beane. Cardinale, who credits his approach to life and business with life lessons learned through rowing, competed in the famous Oxford/Cambridge Boat Race while in England, as well as competing at the Henley Regatta during his time at Harvard. Premier League champions Liverpool are looking to dominate again this eason and we'll have all the latest news on any moves they make in the transfer market. Ten years since taking on the Reds from the grip of Tom Hicks and George Gillett, John Henry's FSG have overseen a period of growth that culminated in success with a Champions League triumph and … Ten years since taking on the Reds from the grip of Tom Hicks and George Gillett, John Henry's FSG have overseen a period of growth that culminated in success with a Champions League triumph and a 30-year wait for a league title at an end. At his press conference to preview Liverpool v Everton, Jurgen Klopp confirmed that Fabinho will miss Saturday’s Merseyside derby – but Alisson is ‘fine’. explains more about how we use your data, and your rights. The shell company said it would use data analytics, made famous by Mr Beane through his management of the Oakland … RedBall will be looking to raise another £771m ($1bn) to complete any transaction, the club then possibly moving on to the stock market. Cardinale himself was a benefit of a Rhodes scholarship back in 1989. Finding value in the transfer market, recruiting the best young talents around and learning from other clubs in other regions are all things that Liverpool already do. Sign up here - it only takes a few seconds! And, should Biden win the election, that deal could be sped up with the candidate looking to raise capital gains tax from 23.8 per cent to 43.4 per cent. LINE. Get all the latest Liverpool breaking news, team news, transfer rumours, injury updates plus analysis of what's next for the Reds. Born and raised in the affluent Main Line suburbs of Philadelphia, Cardinale excelled at academia and sport - particularly rowing - and attended the lauded Harvard University where he achieved at AB (Bachelor of the Arts) during his time at the school between 1985 and 1989. Digg. "Leipzig have been able to spoil the party at the top of the Bundesliga without having to outlay too much because they have a conveyor belt of talent that is unlike any other.". The CV of Beane - who sat down with the ECHO during the summer for an exclusive podcast - is a little more widely known than that of Cardinale's, that tends to happen when Hollywood immortalises you in cinema. The investment in Zelus Analytics, who could be included in an successful merger with FSG, tied into his July 2020 acquisition of French Ligue 2 side Toulouse, whom he acquired through a newly established company, Redbird FC, the idea being to bring data analysis to the forefront of the club's decision making process. Linkedin. Led by Gerry Cardinale, a private investor who sits on the board of both the Yankees' parent company and the YES network, and Oakland A’s … As a reminder: FSG entered into negotiations with a group headed by long-time baseball executive Billy Beane and investor Gerry Cardinale named ‘RedBall’. It is added, though, that “an alternative investment, structured more like private equity, remains possible,” with this expected to run through investor Gerry Cardinale and … So finding a way to do them more frequently with a better, more streamlined and refined approach is an obvious step to take to evolve and become even more successful. There are other ones too if you want them as well. Liverpool owners Fenway Sports Group had been in talks with RedBall Acquisition Corp, a special purpose acquisition company founded by American billionaire Gerry Cardinale and baseball analytics guru Billy Beane, since October over the potential for FSG selling a 20 to 25 per cent stake in their business, which includes the Reds, the Boston Red Sox baseball franchise and the … The whole operation can share best practice. Your emails will come through to your inbox from that moment on. Tuchel's system is still crude, but it still makes the pair more equal, Fiorentina held talks with Sarri. The Liverpool boss did, however, reveal that Fabinho, along with James … Talks for a deal between the ownership group behind Liverpool FC and the Boston Red Sox and a blank-cheque company led by Moneyball executive Billy Beane have fallen apart, according to people briefed on the matter. Liverpool owners FSG and ... RedBall is the brainchild of billionaire American financier Gerry Cardinale, a man with a keen interest in sports analytics, and Billy Beane, a … Cardinale then got his first taste of Europe when he attended Oxford University between 1989 and 1991, a Rhodes Scholar attaining his Master of Philosophy in Politics and Political Theory. Gerry Cardinale is the man behind the potential merger between FSG Liverpool and RedBall Acquisitions. "Gerry Cardinale is still interested in investing in Liverpool and he already owns, through RedBird capital, Toulouse. Beane's time with the Oakland Athletics, where his still remains - for now - as executive vice-chairman and shareholder with the Major League Baseball franchise where he made his name through his love and adoption of statistical analysis. "There will come a point soon when they are going to have to and they probably see this as a way to get the best of both worlds. If he invests in Liverpool, there is an obvious potential tie-in there. You can't blame one player for the loss of points, Tottenham players are unhappy with Mourinho's methods. Talks between RedBall and Fenway Sports Group, owners of Liverpool, are continuing, but there is no guarantee of a deal. The RedBall SPAC was founded by former Oakland A's general manager and "Moneyball" legend Billy Beane and Gerry Cardinale, the CEO of private equity firm RedBird Capital. Dan Primack, a contributor for Axios, wrote that RedBall, co-chaired by Billy Beane of Moneyball fame and banker/investor Gerry Cardinale, … The club denies, Alvaro Negredo: When Pepe played with Ramos at Real Madrid, he couldn't sleep before the match, https://www.liverpoolecho.co.uk/sport/football/football-news/gerry-cardinale-man-behind-potential-19133640. The Philly native also sits on the Board of Trustees at the Mount Sinai Health System in New York, a healthcare network that looks after eight campuses in the New York City metropolitan area. Mix. John Henry wants to turn FSG and Liverpool into one of the biggest football franchises in the world ... Gerry Cardinale – earlier in 2020 and raised … The main window is closed, but deals with EFL clubs can still be done until October 16. Liverpool owners Fenway Sports Group are still pursuing plans for deal with special purpose acquisition company. For Cardinale, 2020 has been particularly busy for his business interest given the creation of Redbird FC, the purchase of Toulouse, forming RedBall - which counts former Premier League executive chairman Richard Scudamore as a board member - as well as entering into a business venture with Hollywood actor Dwayne Johnson in the purchase of the XFL spring football league in the US. But when Beane and billionaire Wall Street veteran Gerry Cardinale created their special purpose acquisition company (SPAC), RedBall Acquisition Corp … He has also served as a board member of Yankee Global Enterprises, the corporate holding company of the MLB franchise the New York Yankees and its affiliated businesses. "I don’t think it was a part of the FSG plan but I think it is now - because they probably see [the advantages]," Powell added. Cardinale has married his interest in sport and business several times, being a board member of YES (Yankee Entertainment & Sports Network) since 2001. 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