AI will replace plebs’ jobs so the useless eaters will tune in to watch sports, so diversifying into sports teams might make sense for billionaires (see Iger buying Lakers too).
Bezos into Liverpool is a portfolio move, not a football move: he gets a globally diversified media asset with huge US distribution upside (NFL-style broadcast rights are the prize). The club's stable cash flows and 60k-capacity gate make it a bond-like asset with call option on the next US media cycle. The fans' concern about ticket prices is the real signal to watch — that's where the monetization will come from.
AI will replace plebs’ jobs so the useless eaters will tune in to watch sports, so diversifying into sports teams might make sense for billionaires (see Iger buying Lakers too).
didn't see that coming, alright
Bezos into Liverpool is a portfolio move, not a football move: he gets a globally diversified media asset with huge US distribution upside (NFL-style broadcast rights are the prize). The club's stable cash flows and 60k-capacity gate make it a bond-like asset with call option on the next US media cycle. The fans' concern about ticket prices is the real signal to watch — that's where the monetization will come from.