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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. Identify the best rationale that may lead to the LFC board rejecting Kop Limited’s proposal.
  • a)
    LFC has been consistently outperforming its privately-owned peers over the past decade.
  • b)
    Kop Limited has not bought a sports club outside North America.
  • c)
    It is necessary that all fans of LFC approve of the deal since LFC would not be successful without them. 
  • d)
    Kop Limited could be a stakeholder without a completely taking over.
  • e)
    LFC does not need monetary support as much as it needs better administration.
Correct answer is option 'D'. Can you explain this answer?
Verified Answer
LFC is a very popular football club that has won several domestic and ...
Solution: The question requires a suitable reason which would make Kop Limited’s bid seem unnecessary to the club without denying any advantages that the liaison might bring. Option 4 alone manages to keep this balance.
Option 1 is ruled out since LFC’s success might not necessarily be due to its ownership as much as it might be due to its players and management.
Option 2 does not provide an adequate reason to reject Kop Limited’s bid; their lack of experience in a particular region does not necessarily make their proposal seem harmful to LFC’s interests.
Option 3 is absurd; though, it might be true that LFC’s success can be attributed to its fans but one cannot accept a unanimous consensus from such a large number of fans. To reject a proposal on these grounds would be irrational on the board’s part.
Option 5 can be eliminated since a takeover need not be limited to adding monetary value alone.
Hence, the correct answer is option 4.
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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. Identify the best rationale that may lead to the LFC board rejecting Kop Limited’s proposal.a)LFC has been consistently outperforming its privately-owned peers over the past decade.b)Kop Limited has not bought a sports club outside North America.c)It is necessary that all fans of LFC approve of the deal since LFC would not be successful without them.d)Kop Limited could be a stakeholder without a completely taking over.e)LFC does not need monetary support as much as it needs better administration.Correct answer is option 'D'. 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. Identify the best rationale that may lead to the LFC board rejecting Kop Limited’s proposal.a)LFC has been consistently outperforming its privately-owned peers over the past decade.b)Kop Limited has not bought a sports club outside North America.c)It is necessary that all fans of LFC approve of the deal since LFC would not be successful without them.d)Kop Limited could be a stakeholder without a completely taking over.e)LFC does not need monetary support as much as it needs better administration.Correct answer is option 'D'. 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. Identify the best rationale that may lead to the LFC board rejecting Kop Limited’s proposal.a)LFC has been consistently outperforming its privately-owned peers over the past decade.b)Kop Limited has not bought a sports club outside North America.c)It is necessary that all fans of LFC approve of the deal since LFC would not be successful without them.d)Kop Limited could be a stakeholder without a completely taking over.e)LFC does not need monetary support as much as it needs better administration.Correct answer is option 'D'. 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. Identify the best rationale that may lead to the LFC board rejecting Kop Limited’s proposal.a)LFC has been consistently outperforming its privately-owned peers over the past decade.b)Kop Limited has not bought a sports club outside North America.c)It is necessary that all fans of LFC approve of the deal since LFC would not be successful without them.d)Kop Limited could be a stakeholder without a completely taking over.e)LFC does not need monetary support as much as it needs better administration.Correct answer is option 'D'. 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. Identify the best rationale that may lead to the LFC board rejecting Kop Limited’s proposal.a)LFC has been consistently outperforming its privately-owned peers over the past decade.b)Kop Limited has not bought a sports club outside North America.c)It is necessary that all fans of LFC approve of the deal since LFC would not be successful without them.d)Kop Limited could be a stakeholder without a completely taking over.e)LFC does not need monetary support as much as it needs better administration.Correct answer is option 'D'. 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. Identify the best rationale that may lead to the LFC board rejecting Kop Limited’s proposal.a)LFC has been consistently outperforming its privately-owned peers over the past decade.b)Kop Limited has not bought a sports club outside North America.c)It is necessary that all fans of LFC approve of the deal since LFC would not be successful without them.d)Kop Limited could be a stakeholder without a completely taking over.e)LFC does not need monetary support as much as it needs better administration.Correct answer is option 'D'. 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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. Identify the best rationale that may lead to the LFC board rejecting Kop Limited’s proposal.a)LFC has been consistently outperforming its privately-owned peers over the past decade.b)Kop Limited has not bought a sports club outside North America.c)It is necessary that all fans of LFC approve of the deal since LFC would not be successful without them.d)Kop Limited could be a stakeholder without a completely taking over.e)LFC does not need monetary support as much as it needs better administration.Correct answer is option 'D'. 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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. Identify the best rationale that may lead to the LFC board rejecting Kop Limited’s proposal.a)LFC has been consistently outperforming its privately-owned peers over the past decade.b)Kop Limited has not bought a sports club outside North America.c)It is necessary that all fans of LFC approve of the deal since LFC would not be successful without them.d)Kop Limited could be a stakeholder without a completely taking over.e)LFC does not need monetary support as much as it needs better administration.Correct answer is option 'D'. 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. Identify the best rationale that may lead to the LFC board rejecting Kop Limited’s proposal.a)LFC has been consistently outperforming its privately-owned peers over the past decade.b)Kop Limited has not bought a sports club outside North America.c)It is necessary that all fans of LFC approve of the deal since LFC would not be successful without them.d)Kop Limited could be a stakeholder without a completely taking over.e)LFC does not need monetary support as much as it needs better administration.Correct answer is option 'D'. Can you explain this answer? tests, examples and also practice UPSC tests.
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