One of Liverpool’s most renown organisations is the Liverpool Football Club, or Liverpool F.C. As a premier league team, they are in the highest level of competition for football in England. Since its founding in 1892, the club has demonstrated great success, winning 3 UEFA cups, 3 UEFA super cups and 5 European cups. As of 2016, it was the eighth most valuable football club, where it was estimated to be worth $1.55 billion. Liverpool Football Club (LFC) is owned by the Fenway Sports Group, and is currently managed by Jürgen Klopp, a former German professional player.

The Early Years

For the past 124 years, LFC has been based in Anfield, Liverpool. The current stadium is the sixth largest in England for football, with a maximum number of 54 074 seated occupants. The original pitch was opened in 1884, and saw various forms of renovations at every change of ownership. Over the years, stands and features were added until it reached the iconic location it is today, regularly hosting tens of thousands of spectators.

Although at its founding, the players sported the contemporary Everton kit of blue and white quarters, it has since adopted the city’s red colours. Additionally, the symbol of the city – the liver bird – has been a part of the shirts since 1955. When the team plays away, its players are most often wearing black or yellow colours.

The Fans

With one of the highest amounts of supporters of any English club, LFC strives to maintain a popularity with summer tours across the globe. Fans like to use the term Kopite to describe themselves, referring to the original supporters at the Kop in Anfield. The brand itself is very lucrative, producing jerseys, jackets and football accessories for fans internationally. LFC’s success is often portrayed in many aspects of popular British culture, such as BBC’s Match of the Day, where the first edition included the televised match between Liverpool and West Ham United.

The Main Rival Teams

The rivalry between the other Merseyside and Liverpool based team is highly pronounced. Everton, the club against which the competition of the Merseyside derby stems from, has been a rival since the dispute between Everton officials, who owned the Anfield pitch at the time. The derby is a highly popular event, and since it does not engage in the separation of fans, it is known as the “friendly derby” where fellow football supporters engage in sociable camaraderie. However, the rivalry has intensified, and the event itself is known to be a highly emotional event.

Another featured rivalry is with the club of Manchester United. For years, the two competed for the cherished top spot as the champions of the European Cup. Typically, the teams traded success, where one saw victory among the other’s defeat. However, the sport contention drives all the teams to be the best they can be.

Ownership and Finance

In its most recent acquisition by the Fenway Sports Group, the club is directed by chairman Tom Werner. This purchase occurred on October 15, 2010, where it was sold for £300m. There was a degree of issues in ownership and legality, where the financial records depicted high levels of debt around 2010. Effectively, creditors found it necessary to sell the organisation, against the desires of previous owners, American businessman George Gillett and Tom Hicks.

Despite the apparent financial discrepancies, the value of the brand is still ascertained by the trademarks and intellectual property. In a report in 2010, this property was valued at £141m, an increase from previous estimates. Furthermore, it has been valued by accountants and business magazines to be one of the top ten football clubs in terms of revenue and overall success.

The team is carefully crafted and constantly evolving to take advantage of the most experienced players of the league, as well as scoping out the rising youth to replace the aging players over time. Only with the high levels of practice and coaching would the club be at the levels of success that they are achieving. Right from the start, the accomplishments were obvious. In the first season of existence, LFC won the Lancashire League. The awards continued, where the first league title was won in 1901. The club possesses the high number of top-flight wins out of any English football team. In addition, it also maintains the greatest average league finishing position for the fifty-year period extending to 2015.

Enjoying this organization is easy, and is a must as a part of the complete Liverpool experience. Watching a match at the Anfield stadium is a once-in-a-lifetime experience and tickets are easy to obtain online. However, any visitation to the stadium can be complemented by the club’s interactive museum, “The Liverpool FC Story”. Historical pieces, stories, and emotions are presented with modern technology to captivate any visitors. The museum contains the various trophies that the team has won over their campaign, which can be marvelled at. Photos and profiles of the stars over the years are contained that will provide a true connection to the past of this organization.

Football supporters and historical buffs benefit greatly from the actions of the football club, and Liverpool would not be the same without this iconic organization.