Latest news with #LFC
Yahoo
2 days ago
- Business
- Yahoo
Lingerie Fighting Championships to Add $2M in Bitcoin to Treasury Ahead of Expansion to UK
The bitcoin treasury trend — which has seen many firms globally adopting Michael Saylor's strategy — entered a new phase on Thursday. Lingerie Fighting Championships (BOTY), a Las Vegas-based women's MMA league, announced plans to acquire $230,000 worth of bitcoin within 30 days and up to $2 million over the next six months. The decision to add BTC to its treasury coincides with LFC's first shows in the UK. LFC43: Sindependence Day 2 is set for July 4 in London and has already sold out. LFC44: Underground Knockouts follows in Cardiff on July 6. The firm did not provide any explanation for its bitcoin adoption in its press release. However, CEO Shaun Donnelly told CoinDesk that LFC believed that "bitcoin has lots of potential to grow to levels never seen before and we wanted to get in while we still can." "While we aren't able to purchase a large amount I looked at it like real estate — even if it's only a small starter home it's better to be in the market than outside wishing you had gotten in when you could have," he added. A number of bitcoin treasury firms have elected to scale back their prior businesses in order to identify completely as a BTC company and focus on raising funds in order to buy bitcoin. Lingerie Fighting Championships, meanwhile, could be taking the Tesla approach, simply converting some of its cash holdings into BTC. UPDATE (June 26, 19:10PM): Updated with comments from Donnelly.
Yahoo
2 days ago
- Sport
- Yahoo
Liverpool forward agrees Bournemouth move
The Instagram page posted on their account about Cornelius Akaunu, who they claim has agreed a move to Bournemouth. This agreement was confirmed by the player's own Instagram profile, which now includes Bournemouth's account in his bio to confirm that he belongs to the Cherries. Advertisement Akaunu is a talented young forward in Liverpool's academy. Only 16-years-old, he has been mostly playing for the club's U17 side and has been at the club since U9 level. Over the course of the last few months, it has been apparent that he was not going to stay at the club. Akaunu went on trials to Arsenal and Tottenham while still at Liverpool towards the end of last season. But it seems like Bournemouth have won the race for his signature. One thing that's guaranteed is that the pathway to the first team will certainly be a lot easier for Akaunu at Bournemouth than it would have been at Liverpool. Advertisement That will now be the young attacker's goal, although initially he will likely be playing for the club's U18 and U21 sides. From Liverpool's perspective, losing Akaunu is a blow. You never want to lose a player who has been at the academy since U9 level. However, it's very clear that he sees his future away from the club, for now.
BBC News
3 days ago
- Sport
- BBC News
Ex-Wales boss Page becomes Liverpool U21s head coach
Former Wales manager Rob Page has been appointed as Liverpool's new Under-21s head 50-year-old led his country to a first World Cup in 64 years in 2022 after guiding them to the second round of Euro 2020, but was sacked in June 2024 by the Football Association of Wales (FAW) after Wales' failure to qualify for Euro a former Wales captain who won 41 caps, took over the senior Wales men's team after impressing as Wales' U21s coach, while he has also coached at Port Vale and Northampton now succeeds the long-serving Barry Lewtas at Anfield. LFC academy director Alex Inglethorpe told the club website: "Rob brings a wealth of playing and coaching experience to a key role as young players look to bridge that gap from academy prospect to first-team footballers."His recent achievements in guiding Wales to the last 16 at Euro 2020 before qualifying for the 2022 World Cup speak for themselves."But perhaps less heralded is the work that took place during his time in charge of the national team, which saw numerous pathway players make it into the senior squad."This is something we have seen first-hand at Liverpool with several of our academy players making significant progress on the international stage under Rob's guidance."
Yahoo
4 days ago
- Business
- Yahoo
Liverpool's wage spending is NOT as bad as you think it is
Liverpool's wage spending is NOT as bad as you think it is Liverpool are one of the most frugal clubs in world football with regard to transfer spending. Many people's response to the statement above is that the wage bill is remarkably high and the fans are purposefully naive to recognise that. In reality, some myth-busting with the salaries is required. Shop the LFC Store The new LFC x Air Max range 🔥 Nike x Air Max LFC x Nike Air Max Advertisement Buy Now LFC Retro Shirts LFC Retro Shirts Buy Now Home Jersey LFC Kits Buy Now LFC Nike Training LFC Nike Training Buy Now Admittedly, the Reds' spending on wages is high. It's one of the highest wages in world football, but to put it simply, there's a good reason why. The transfer fees in comparison are low and sensible. £77m on Darwin Nunez, a potential £116m on Florian Wirtz and record-breaking fees at the time for Virgil Van Dijk and Alisson Becker, do not help our case, but as with most things, context is key. The latter two are the best in their positions, Wirtz may cost just £100m since his add-ons include a Ballon d'Or win, and Nunez's fee is actually £77m is because the extra £8m in add-ons weren't met. Advertisement Now the fees themselves have been cleared up, it's time to contextualise the agreed wage packages. © IMAGO Liverpool's wage spending is actually reasonable According to TBR Football, who broke down the wages per year and the cumulative wage bill since FSG took over in 2010, as well as the wage to turnover ratios for last season, Liverpool spend a lot. For the first metric, it is only fair that I state that Liverpool are expected to spent £400m on wages for the staff and players in this upcoming 2024/25 season, and the overall bill has gone from less than £500million to £4billion over the past 15 years. Our costs in that respect have skyrocketed. Advertisement In the article, Kieran Maguire - a lecturer at the University of Liverpool - said: "The narrative that Liverpool are frugal in the wage department isn't accurate." In general, everyone can agree with that. However, the wage to turnover ratios tell a story. The Reds' percentage is at 63% for the 2023/24 season, which is actually eleventh in the Premier League list, behind Burnley, Newcastle, Brentford, Crystal Palace, Chelsea, Bournemouth, Wolves, Everton, Fulham, Nottingham Forest and Aston Villa. This is in the context of Liverpool having the second highest wage bill, behind Manchester City. As such, we spend big on wages because we generate a lot of money. Spend reasonable amounts on transfer fees, and keep the players on the payroll for a long time because they're integral. Advertisement Mohamed Salah, Andy Robertson, Van Dijk and Alisson have all been ours for over seven years. And then we can get to the other myth that needs busting regarding Liverpool's wage spending. Players are not attracted to us because we can offer them a high salary, the opposite is in fact true. Van Dijk and Salah are top of the list, with the captain taking home £350,000 a week and the Egyptian taking home £400,000 a week, per Capology. That's with their newly agreed extensions. Why are they on such amounts? Well, Salah has delivered at least 35 goal contributions in each of his last eight seasons with us and Van Dijk is regarded as one of the best centre-backs of all time. Advertisement Third on the list will be Florian Wirtz on £200,000 a week, but he had the world at his feet and could easily have agreed a more financially beneficial move elsewhere. Instead he is in a league where he hasn't proved himself yet and so he is incentivised to perform at his best to earn his bonuses. Beyond that, you've got Robertson on £160,000 a week, who will be leaving either this season for a fee or next season on a free upon the expiration of his contract and then you find Alexis Mac Allister, Alisson and Ryan Gravenberch on £150,000 a week. The Argentinian was our best midfielder last season, our keeper remains the best in the world and Gravenberch is a promising DM who is only 22. Generally speaking, you will struggle to find a player who is being overpaid. The club is world's elite, the expectations on the players are significant and their commitment deserves to be rewarded. So when Liverpool fans defend the club's transfer business using 'net spend', and some rival social media account attempts to use the wage bill in response, they really don't have a leg to stand on.
Yahoo
5 days ago
- Sport
- Yahoo
Liverpool now risk losing GENERATIONAL star to Chelsea amid mass exodus
Liverpool have just one year to convince a generational talent in the club's academy to stay at the Reds with Chelsea courting his services. Last year it was the Reds who got the better of the Blues bringing in Rio Ngumoha. The move was considered a major coup at the time. Shop the LFC Store The new LFC x Air Max range 🔥 Nike x Air Max LFC Retro Shirts LFC Retro Shirts Advertisement Buy Now Home Jersey LFC Kits Buy Now LFC Nike Training LFC Nike Training Buy Now In Ngumoha Liverpool signed one of the best young talents in English football. A player who had been training with Chelsea's first team since the age of 15. Chelsea had high hopes for Ngumoha, hoping he would follow in the footsteps of the countless Cobham academy graduates to make the pathway into the first team. They had even enlisted the services of club legend John Terry in a bid to convince Ngumoha to stay. But his head had been turned, Liverpool won him over with a clear project and presenting him with a pathway that is expected to see him break into the first team over the course of the next few years. Advertisement Chelsea were obviously left bitterly disappointed by the loss and it seems like they are out to avenge Liverpool's coup. The Reds' academy is undergoing a bit of a shake-up this summer with a mass exodus already taking place after the club's U21 and U18 coaches, Barry Lewtas and Marc Bridge-Wilkinson both left the club this summer. Liverpool will now appoint a new head coach for the U18 and the U21 team but it's not just the coaches who are changing. As a result of the changes, players are heading out of the academy as well with many clubs exploiting the uncertainty around the Reds' academy at the moment. Advertisement As Redmen TV revealed talented Isaac Moran could join a Premier League rival. Meanwhile Fabrizio Romano reported that Manchester City are expected to sign Kaylum Moss from Liverpool's academy, with the youngster joining the club's rivals at U15 level. They are not the only players of interest to other clubs. Erik Farkas has many admirers among Premier League and European clubs. Teams are also monitoring the situation of Vincent Joseph, who like Farkas will be eligible to sign for an EU club when he turns 16-years-old thanks to holding German citizenship.
