Basketball Meets Football, But Is It Right or Is It Wrong

By Faith Fulcher on Apr 7, 11 04:18 PM in Fans

Late last night, Liverpool Football club issued an official announcement under the guise of Fenway Sports Management.  It was to let us know that Fenway Sports Management had decided to enter into a business partnership with LRMR Marketing and Branding.  This is run by Basketball star LeBron James and his partner Maverick Carter.

Now I know nothing about American Sport let alone Basketball, so everything I have found out about these two young men is what has been touted over the internet in the last twelve hours.  It appears that one is still playing and the either is Chief Executive of LeBrons Company. 

Fenway Sports Management is part of the Fenway group of Companies owned by John Henry and Tom Werner.  This is the statement from Tom Werner that was added to the press release last night.

"We believe this will be a powerful collaboration between FSM and LRMR and LeBron.  There are very few athletes who can march his global reach, appeal and iconic status.  We are very excited that LeBron will be part of the Liverpool FC Family.  LeBron and Liverpool each have a powerful presence internationally, with particular strength in Asia, but we feel the business opportunities for both working and being identified together in emerging international markets will result in unforeseen opportunities that neither would have been able to realise alone."

What I do know is, I am not sure I like what I have read.  The deal benefits no one apart from LeBron James, who I understand has been given a 1% share in the club at a cost of around £3.8mill (These figures have come from the BBC).  It also ultimately benefits Fenway Sports Group but early indications show that there will be very little benefit to Liverpool Football Club.

OR WILL THERE?  LRMR is a marketing company, which is trying to find it way into the major markets in the United States and I suspect or at least I hope it will help LFC break into the American Market.

http://www.lrmrmarketing.com/

I know Liverpool are behind in their global marketing of the brand, but in many ways that is down to the circumstances it has had to face over the last ten years.  Rick Parry and David Moores lost their way as the world of football changed and ended up selling the club to the biggest pair of cowboys around.  As we know the only thing they knew about was debt, although saying that, they did appear to start it on the road to recovery where merchandising and marketing were concerned by employing Ian Ayre.

Do we need this extra push to announce that the club is looking to expand into Europe and beyond, is something I really cannot answer but what I do know is that we do not need an American Basketball star to do it for us.  Liverpool Football Club is an entity that can market itself and I am sure that once the American market learns that we play FOOTBALL and not SOCCER, as with all things English, they will fall in love with it. Then the shirts and other merchandise will start to sell.

Where Liverpool Football Club is concerned, I do feel that John Henry needs to come out and say what plans he has for Anfield and the surrounding area.  The stadium decision needs to be made in the next eight weeks as planning permission if needed for Stanley Park will run out then. The re-generation of the Anfield area is equally if not more important than that.  The residents have a right to know where they stand in the club's plans - they do not need to read that the American Market takes precedence.

There is also a little matter of clearing up the managerial position at the club and I don't care how many times we are told it will be done at the end of season, it is something that needs to be done sooner rather than later.

We Also need a statement from him as to why he has sold a 1% stake in the club to an American Basketball player who until around 10.00 p.m. last night to the majority of us was an unknown factor, when there are supporters out there, myself included who are willing to buy a stake in our beloved club, to ensure it retains it's true identity. An identity that must remain as it has always done in the Anfield Area of Liverpool.

Now to LeBron James.  I am not going to go into his history, but I understand he is a bit of a character and has caused problems amongst the American Baseball faithful.  He is also sponsored by Nike which as we are sponsored by Adidas immediately brings up a Conflict of Interest issue and this will need to be sorted out.  I have no idea how long he has left as a player but I suspect once he has finished, he will simply concentrate on the marketing business.

Another reason people believe that LeBron has bought a stake in Liverpool is to help out Thomas Di Benedetto by buying his share, so enabling him to purchase Roma, without any Conflict of Interest being involved. Whether this is true or not, I guess we shall just have wait and see what happens.

A pre-season tour of the Far East has also been announced and going by what I have read LeBron may be involved in this - Is it a good thing or just another publicity stunt that could ultimately put the team's preparations for the new season completely off track.  Time of course will tell, but that is surely something that we do not need.

You will all have your own ideas about this and I suspect a lot of them differ from mine, which of course I fully understand.  I will be honest when I say, I think three years of hell has quite possibly got in the way, so for the moment I will be erring on the side of caution and hopefully find at some point in the future that my worries can be cast aside.

 

6 Comments

business partnership with LRMR Marketing and Branding will be amazing in my point of view.

Mattew said:

God I loved Torres, but Suarez is an all around better player. FSG invested wisely. They didn't spend money in Jan, but people are missing the point. H&G would have pocketed a HUGE portion of that 50 million (we sold Masch for 20 million and bought Meireles for 10.5... get my drift?). FSG didn't take a cent (or quid), they reinvested it ALL. It's amazing, the contrast between the two American owners. H&G wanted money, Lerner and Henry want to win. Period. Also, I live in Washington DC, and one of the FSG board members was involved in the building of the Baltimore Orioles baseball stadium, Camden Yards. It is considered the most beautiful and best ballpark in the game. So I either way we'll get a great new stadium.

Happy said:

Your website has to be the elecrtnoic Swiss army knife for this topic.

Bettie said:

Keep it coming, wrirets, this is good stuff.

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