Johnnie Monster
24 Oct 2008, 05:50 PM
Falling markets don't slow MLS bids
October 24, 2008 - Canadian Press
Even with the uncertain financial markets Jeff Mallett, the former Yahoo! Inc, president and an owner of the San Francisco Giants, believes soccer has a long-term future on the West Coast.
Mallett, who was born in Vancouver and raised in Victoria, and Steve Luczo, a part owner of the NBA Boston Celtics, have been added to the list of potential owners seeking an MLS team for Vancouver. They join NBA star Steve Nash and current Whitecaps owner Greg Kerfoot.
"Yes, it's bumpy as it goes right now but we believe in the long term in sports," Mallett said in a telephone interview from San Francisco. "Short-term bounces are not going to throw us off that."
Mallett wouldn't say how much each investor has pledged toward the US$40 million expansion fee. He said Kerfoot will lead the group.
"We will all have a significant amount in there," Mallett said. "A significant amount of money . . . but also a significant amount of time committed to it.
"At the end of the day Greg will be our lead. We will follow him and help him where we can."
Full story:
http://www.whitecapsfc.com/archive/feature10230803.aspx
October 24, 2008 - Canadian Press
Even with the uncertain financial markets Jeff Mallett, the former Yahoo! Inc, president and an owner of the San Francisco Giants, believes soccer has a long-term future on the West Coast.
Mallett, who was born in Vancouver and raised in Victoria, and Steve Luczo, a part owner of the NBA Boston Celtics, have been added to the list of potential owners seeking an MLS team for Vancouver. They join NBA star Steve Nash and current Whitecaps owner Greg Kerfoot.
"Yes, it's bumpy as it goes right now but we believe in the long term in sports," Mallett said in a telephone interview from San Francisco. "Short-term bounces are not going to throw us off that."
Mallett wouldn't say how much each investor has pledged toward the US$40 million expansion fee. He said Kerfoot will lead the group.
"We will all have a significant amount in there," Mallett said. "A significant amount of money . . . but also a significant amount of time committed to it.
"At the end of the day Greg will be our lead. We will follow him and help him where we can."
Full story:
http://www.whitecapsfc.com/archive/feature10230803.aspx