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LFC is a very popular football club that has won several domestic and international accolades since the club’s establishment in 1869. Besides having a huge fan following at home and abroad, LFC also has an extensive army of franchises and several exclusive TV deals. This is perhaps why, Kop Limited, a firm owned by two American businessmen, Billet and Cricks, has been contemplating a prospective takeover of the Football club. Billet and Cricks present their offer to LFC’s board of directors and manage to win the approval of some of the board members. However, when the news of a prospective takeover finds its way to popular media, many fans are outraged as they see this as commercial exploitation of the club’s legacy. Some of the board members too, express concern over LFC being owned by businessmen who have not been associated with the club in the past and might prioritize their own financial interests over the club’s well-being. At the same time, it would be difficult for the board to reject the offer without deliberation since they could use the funds from the takeover and this would help them improve the infrastructure and facilities for the LFC squad. The board members of LFC find themselves in a dilemma.
 
 
Q. Kop Limited has managed to convince majority of the LFC’s shareholders and board members. Talks are being held to decide which concerns need to be addressed before the proceedings start. All of the following are valid points of consideration except
  • a)
    Agreement on the means to generate sufficient funds.
  • b)
    An evaluation of the club’s existing administration.
  • c)
    Seeking approval from LFC’s partner brands.
  • d)
    Agreement on a suitable transition plan.
  • e)
    Appraisal of LFC’s performance in recent tournaments.
Correct answer is option 'E'. Can you explain this answer?
Verified Answer
LFC is a very popular football club that has won several domestic and ...
Solution: The question seeks a choice that would be irrelevant to Kop’s takeover of LFC. Option 1 is a valid concern since the passage mentions how LFC fans were concerned about “commercial exploitation of the club’s legacy.” Options 2 and 3 are also worth considering for Kop Limited, as the prospective owners of LFC.
It is necessary, that the existing management of LFC agrees with Kop Limited on the transition during the change of ownership. This eliminates option 4.
Option 5 alone is irrelevant since an appraisal of the team’s performance will not be required as a point of consideration during the takeover. Moreover, the passage states that LFC is a successful football club and such an aspect would have been considered far ahead in time and not at the current phase when the proceedings are about to begin.
Hence, the correct answer is option 5.
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LFC is a very popular football club that has won several domestic and international accolades since the club’s establishment in 1869. Besides having a huge fan following at home and abroad, LFC also has an extensive army of franchises and several exclusive TV deals. This is perhaps why, Kop Limited, a firm owned by two American businessmen, Billet and Cricks, has been contemplating a prospective takeover of the Football club. Billet and Cricks present their offer to LFC’s board of directors and manage to win the approval of some of the board members. However, when the news of a prospective takeover finds its way to popular media, many fans are outraged as they see this as commercial exploitation of the club’s legacy. Some of the board members too, express concern over LFC being owned by businessmen who have not been associated with the club in the past and might prioritize their own financial interests over the club’s well-being. At the same time, it would be difficult for the board to reject the offer without deliberation since they could use the funds from the takeover and this would help them improve the infrastructure and facilities for the LFC squad. The board members of LFC find themselves in a dilemma.Q. Kop Limited has managed to convince majority of the LFC’s shareholders and board members. Talks are being held to decide which concerns need to be addressed before the proceedings start. All of the following are valid points of consideration excepta)Agreement on the means to generate sufficient funds.b)An evaluation of the club’s existing administration.c)Seeking approval from LFC’s partner brands.d)Agreement on a suitable transition plan.e)Appraisal of LFC’s performance in recenttournaments.Correct answer is option 'E'. Can you explain this answer?
Question Description
LFC is a very popular football club that has won several domestic and international accolades since the club’s establishment in 1869. Besides having a huge fan following at home and abroad, LFC also has an extensive army of franchises and several exclusive TV deals. This is perhaps why, Kop Limited, a firm owned by two American businessmen, Billet and Cricks, has been contemplating a prospective takeover of the Football club. Billet and Cricks present their offer to LFC’s board of directors and manage to win the approval of some of the board members. However, when the news of a prospective takeover finds its way to popular media, many fans are outraged as they see this as commercial exploitation of the club’s legacy. Some of the board members too, express concern over LFC being owned by businessmen who have not been associated with the club in the past and might prioritize their own financial interests over the club’s well-being. At the same time, it would be difficult for the board to reject the offer without deliberation since they could use the funds from the takeover and this would help them improve the infrastructure and facilities for the LFC squad. The board members of LFC find themselves in a dilemma.Q. Kop Limited has managed to convince majority of the LFC’s shareholders and board members. Talks are being held to decide which concerns need to be addressed before the proceedings start. All of the following are valid points of consideration excepta)Agreement on the means to generate sufficient funds.b)An evaluation of the club’s existing administration.c)Seeking approval from LFC’s partner brands.d)Agreement on a suitable transition plan.e)Appraisal of LFC’s performance in recenttournaments.Correct answer is option 'E'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about LFC is a very popular football club that has won several domestic and international accolades since the club’s establishment in 1869. Besides having a huge fan following at home and abroad, LFC also has an extensive army of franchises and several exclusive TV deals. This is perhaps why, Kop Limited, a firm owned by two American businessmen, Billet and Cricks, has been contemplating a prospective takeover of the Football club. Billet and Cricks present their offer to LFC’s board of directors and manage to win the approval of some of the board members. However, when the news of a prospective takeover finds its way to popular media, many fans are outraged as they see this as commercial exploitation of the club’s legacy. Some of the board members too, express concern over LFC being owned by businessmen who have not been associated with the club in the past and might prioritize their own financial interests over the club’s well-being. At the same time, it would be difficult for the board to reject the offer without deliberation since they could use the funds from the takeover and this would help them improve the infrastructure and facilities for the LFC squad. The board members of LFC find themselves in a dilemma.Q. Kop Limited has managed to convince majority of the LFC’s shareholders and board members. Talks are being held to decide which concerns need to be addressed before the proceedings start. All of the following are valid points of consideration excepta)Agreement on the means to generate sufficient funds.b)An evaluation of the club’s existing administration.c)Seeking approval from LFC’s partner brands.d)Agreement on a suitable transition plan.e)Appraisal of LFC’s performance in recenttournaments.Correct answer is option 'E'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. 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Some of the board members too, express concern over LFC being owned by businessmen who have not been associated with the club in the past and might prioritize their own financial interests over the club’s well-being. At the same time, it would be difficult for the board to reject the offer without deliberation since they could use the funds from the takeover and this would help them improve the infrastructure and facilities for the LFC squad. The board members of LFC find themselves in a dilemma.Q. Kop Limited has managed to convince majority of the LFC’s shareholders and board members. Talks are being held to decide which concerns need to be addressed before the proceedings start. All of the following are valid points of consideration excepta)Agreement on the means to generate sufficient funds.b)An evaluation of the club’s existing administration.c)Seeking approval from LFC’s partner brands.d)Agreement on a suitable transition plan.e)Appraisal of LFC’s performance in recenttournaments.Correct answer is option 'E'. Can you explain this answer?.
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At the same time, it would be difficult for the board to reject the offer without deliberation since they could use the funds from the takeover and this would help them improve the infrastructure and facilities for the LFC squad. The board members of LFC find themselves in a dilemma.Q. Kop Limited has managed to convince majority of the LFC’s shareholders and board members. Talks are being held to decide which concerns need to be addressed before the proceedings start. All of the following are valid points of consideration excepta)Agreement on the means to generate sufficient funds.b)An evaluation of the club’s existing administration.c)Seeking approval from LFC’s partner brands.d)Agreement on a suitable transition plan.e)Appraisal of LFC’s performance in recenttournaments.Correct answer is option 'E'. Can you explain this answer? defined & explained in the simplest way possible. 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At the same time, it would be difficult for the board to reject the offer without deliberation since they could use the funds from the takeover and this would help them improve the infrastructure and facilities for the LFC squad. The board members of LFC find themselves in a dilemma.Q. Kop Limited has managed to convince majority of the LFC’s shareholders and board members. Talks are being held to decide which concerns need to be addressed before the proceedings start. All of the following are valid points of consideration excepta)Agreement on the means to generate sufficient funds.b)An evaluation of the club’s existing administration.c)Seeking approval from LFC’s partner brands.d)Agreement on a suitable transition plan.e)Appraisal of LFC’s performance in recenttournaments.Correct answer is option 'E'. 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At the same time, it would be difficult for the board to reject the offer without deliberation since they could use the funds from the takeover and this would help them improve the infrastructure and facilities for the LFC squad. The board members of LFC find themselves in a dilemma.Q. Kop Limited has managed to convince majority of the LFC’s shareholders and board members. Talks are being held to decide which concerns need to be addressed before the proceedings start. All of the following are valid points of consideration excepta)Agreement on the means to generate sufficient funds.b)An evaluation of the club’s existing administration.c)Seeking approval from LFC’s partner brands.d)Agreement on a suitable transition plan.e)Appraisal of LFC’s performance in recenttournaments.Correct answer is option 'E'. 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Some of the board members too, express concern over LFC being owned by businessmen who have not been associated with the club in the past and might prioritize their own financial interests over the club’s well-being. At the same time, it would be difficult for the board to reject the offer without deliberation since they could use the funds from the takeover and this would help them improve the infrastructure and facilities for the LFC squad. The board members of LFC find themselves in a dilemma.Q. Kop Limited has managed to convince majority of the LFC’s shareholders and board members. Talks are being held to decide which concerns need to be addressed before the proceedings start. All of the following are valid points of consideration excepta)Agreement on the means to generate sufficient funds.b)An evaluation of the club’s existing administration.c)Seeking approval from LFC’s partner brands.d)Agreement on a suitable transition plan.e)Appraisal of LFC’s performance in recenttournaments.Correct answer is option 'E'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice LFC is a very popular football club that has won several domestic and international accolades since the club’s establishment in 1869. Besides having a huge fan following at home and abroad, LFC also has an extensive army of franchises and several exclusive TV deals. This is perhaps why, Kop Limited, a firm owned by two American businessmen, Billet and Cricks, has been contemplating a prospective takeover of the Football club. Billet and Cricks present their offer to LFC’s board of directors and manage to win the approval of some of the board members. However, when the news of a prospective takeover finds its way to popular media, many fans are outraged as they see this as commercial exploitation of the club’s legacy. Some of the board members too, express concern over LFC being owned by businessmen who have not been associated with the club in the past and might prioritize their own financial interests over the club’s well-being. At the same time, it would be difficult for the board to reject the offer without deliberation since they could use the funds from the takeover and this would help them improve the infrastructure and facilities for the LFC squad. The board members of LFC find themselves in a dilemma.Q. Kop Limited has managed to convince majority of the LFC’s shareholders and board members. Talks are being held to decide which concerns need to be addressed before the proceedings start. All of the following are valid points of consideration excepta)Agreement on the means to generate sufficient funds.b)An evaluation of the club’s existing administration.c)Seeking approval from LFC’s partner brands.d)Agreement on a suitable transition plan.e)Appraisal of LFC’s performance in recenttournaments.Correct answer is option 'E'. Can you explain this answer? tests, examples and also practice UPSC tests.
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