Tuesday, October 12, 2010

Peter Lim & Liverpool

So it has been revealed that Peter Lim is the Asian bidder who came in number 2 to NESV of buying out Liverpool FC. With estimated networth at $1B, a $300mio investment (albeit a bad one) shouldn't trouble him too much. I already can picture LFC jerseys with the Wilmar logo instead of the Stanchart one. Haha. Funny.

I dunno whether to be proud or disappointed.

On one hand its great to have a Singaporean presence showing our financial strength (no need to borrow to finance the deal somemore!), but then its LFC (pui!). If only it were Man U then I'd really be overjoyed. Oh well, may the Singaporean flag fly high.

And also, buying EPL clubs have much more often than not, proved to be loss-making ventures. The only good out of such a purchase is the branding and popularity it will bring. Not to mention that Peter Lim has never been known as a Liverpool fan. More of a pseudo Man U fan given the publicity he's had locally. So likely he just thinks that a successful bid  for the club is a good piece of investment work.

In any case, I will quietly be prouder than dismayed if the takeover does indeed succeed.

On another note, I strongly suspect that the rich guy who lost $100mio in our casino a couple of days back was him too. :P

No comments:

Post a Comment