ATTN: Sugarman - SELL THE TEAM

Discussion in 'Philadelphia Union' started by thomas19064, Apr 8, 2017.

  1. derek750

    derek750 Member+

    Apr 16, 2007
    Brooklyn
    Club:
    Philadelphia Union
    Nat'l Team:
    United States
    I truly don't mean to be a dick. I know @mattylip certainly does not deserve that and hope my post was taken in the (mostly) joking spirit in which it was intended. After all, one of the few enjoyable parts of being a Union fan is commiserating with folks on this forum.

    I just seriously don't understand why you would follow a competitive sports team that has shown very little interest in competing and then go out of your way to make excuses for that team.
     
  2. mattylip

    mattylip Member+

    Philadelphia Union
    Jul 22, 2011
    Cherry Hill (127, D)
    Club:
    Philadelphia Union
    Nat'l Team:
    United States
    #277 mattylip, Jul 19, 2018
    Last edited: Jul 19, 2018
    No offense taken. Your statement deals more with a life philosophy than anything else. I'm not a huge fan of throwing money at a situation to get what you want. Whether it's Atlanta United having seemingly unlimited funds, getting a "small $1,000,000 loan" from your father (https://www.cnn.com/2015/10/26/politics/donald-trump-small-loan-town-hall/index.html) or being a "self-made" billionaire (https://www.cnn.com/2018/07/17/entertainment/kim-kardashian-kylie-self-made/index.html), I prefer taking time, developing a strategy, sticking to it, working hard and succeeding.

    There's a good deal of satisfaction that I derive from having worked hard in my life and succeeding beyond those who were gifted careers, status or material possessions. That's one of the things that draws me to the Union. The team is the underdog. The team tries to achieve despite significant limitations.

    When I was a kid, I was a fan of the Yankees. When I moved to Philadelphia in the mid-90s, I defected and became a Phillies fan. The main reason was because I respected the Phillies who were trying to build something, not just throwing money around knowing that something would work.

    In all honesty, I don't see the Union as having a lack of ambition. I see the Union as having the ambition to succeed where their peers have money, rich real estate developer parents, or family TV shows. I like rooting for the underdog and derive a great sense of joy when when the Union succeed despite the odds.
     
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  3. Dills

    Dills Moderator
    Staff Member

    Philadelphia Union
    United States
    Jun 6, 2006
    Southampton|PA
    Club:
    Philadelphia Union
    Nat'l Team:
    United States
    Is this a hypothetical?
     
  4. derek750

    derek750 Member+

    Apr 16, 2007
    Brooklyn
    Club:
    Philadelphia Union
    Nat'l Team:
    United States
    Thanks for being gracious and for taking the time to respond. It seems we see very different things when we look at this club.
     
  5. mattylip

    mattylip Member+

    Philadelphia Union
    Jul 22, 2011
    Cherry Hill (127, D)
    Club:
    Philadelphia Union
    Nat'l Team:
    United States
    I'm interested in your perspective on this. Would you pay $2000 more per season if the Union spent the money that Atlanta spent on players?
     
  6. WVUPharm2007

    WVUPharm2007 Member+

    Jul 24, 2011
    Montgomery Township, PA
    Club:
    Philadelphia Union
    Nat'l Team:
    United States
    Yes.
     
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  7. CyphaPSU

    CyphaPSU Member+

    Mar 16, 2003
    Not Far
    Club:
    Philadelphia Union
    Nat'l Team:
    United States
    I picked up this quote from Arthur Blank during the All-Star Game. Just imagine what it would be like to have an owner like this---I know it's hard to imagine because we are not allowed to have nice things here. It is amazing to note in this short quote just how many points Sugarman, et al. fall woefully short on in terms of owning a team in this league.

     
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  8. WVUPharm2007

    WVUPharm2007 Member+

    Jul 24, 2011
    Montgomery Township, PA
    Club:
    Philadelphia Union
    Nat'l Team:
    United States
    I wonder how long a hole in the roof would take to get repaired in Atlanta.
     
    lopezzzz, BuddhaWake, billf and 3 others repped this.
  9. DoctorD

    DoctorD Member+

    Sep 29, 2002
    MidAtlantic
    Club:
    Philadelphia Union
    Nat'l Team:
    United States


    A substitute band is appropriate for our team.
     
  10. thomas19064

    thomas19064 Member+

    Apr 29, 2008
    Delco
    Club:
    Philadelphia Union
    Nat'l Team:
    United States
    That press conference has had me quietly losing my shit in my cube all afternoon ... this guy is a total clown.
     
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  11. mattylip

    mattylip Member+

    Philadelphia Union
    Jul 22, 2011
    Cherry Hill (127, D)
    Club:
    Philadelphia Union
    Nat'l Team:
    United States
    IStar stock is up more than 10% this week and at a 6 month high. It was announced that the company is joining the S&P SmallCap 600. Insiders (i.e. Sugarman, not me) will get a preferred dividend that was declared this week. Sugarman is getting some cash money.
     
  12. thomas19064

    thomas19064 Member+

    Apr 29, 2008
    Delco
    Club:
    Philadelphia Union
    Nat'l Team:
    United States
    #287 thomas19064, Aug 23, 2018
    Last edited: Aug 23, 2018
    God damn - what a spike, that said the stock is still pretty far down from where it was a year ago, and lower than it was 2 years ago, 3 years ago was really bad, but it was higher 4 years ago and 5 years ago too...

    I'd take the bet that Sugarman isn't taking that dividend cash and putting it into the team. Outside of a ridiculous miracle spike iStar's success isn't going to be a driver of growth for the U.
    (although maybe it could break Sugarman if it totally tanks and force him to sell)
     
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  13. Cherry Hill SOB

    Cherry Hill SOB Member+

    Aug 30, 2012
    Club:
    Philadelphia Union
    Its at $10.85 now, down from about $12 last October to put any recent good news into context.
     
  14. slitz

    slitz Member+

    Feb 19, 2005
    Red City, 140
    Club:
    Philadelphia Union
    Nat'l Team:
    United States
    money more likely spent on a new interior for the helicopter and not a scouting staff
     
  15. Dills

    Dills Moderator
    Staff Member

    Philadelphia Union
    United States
    Jun 6, 2006
    Southampton|PA
    Club:
    Philadelphia Union
    Nat'l Team:
    United States
    You get a bowling alley. And you get a bowling alley! And YOU get a bowling alley!!
     
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  16. mattylip

    mattylip Member+

    Philadelphia Union
    Jul 22, 2011
    Cherry Hill (127, D)
    Club:
    Philadelphia Union
    Nat'l Team:
    United States
    Two restricted dividends in the past year. Price may be down but Sugarman is making money.
     
    Yo-Joe repped this.
  17. billf

    billf Member+

    May 22, 2001
    Club:
    Philadelphia Union
    Nat'l Team:
    United States
    The price of the stick really does not have anything to do with Sugarman's personal cash flow. It does represent wealth, but that's just a number on paper. His holdings are going to be grants or options. The options likely allow him to buy at price better than market and the grants are free. That doesn't become cash in hand unless he sells. The stock appears to pay a dividend so unless the company is doing so poorly that it ends or reduces the dividend, then he's doing pretty well just holding the stock.
     
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  18. thomas19064

    thomas19064 Member+

    Apr 29, 2008
    Delco
    Club:
    Philadelphia Union
    Nat'l Team:
    United States
    Union42, buzzkiller23 and cwelch999 repped this.
  19. Dills

    Dills Moderator
    Staff Member

    Philadelphia Union
    United States
    Jun 6, 2006
    Southampton|PA
    Club:
    Philadelphia Union
    Nat'l Team:
    United States
    Dammit ... you're gonna make me subscribe to the Athletic, aren't ya?
     
  20. aztec21bas

    aztec21bas BigSoccer Supporter

    Jun 24, 2009
    Mullica Hill, NJ
    Club:
    Philadelphia Union
    Nat'l Team:
    United States
    Do it Andy! The subscription is well worth the price just for the MLS coverage. You can set up your preferences for any sport you like. I get mine tailored for all of my favorties in my feed and get 3-5 articles per week per team. Good stuff!
     
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  21. Dills

    Dills Moderator
    Staff Member

    Philadelphia Union
    United States
    Jun 6, 2006
    Southampton|PA
    Club:
    Philadelphia Union
    Nat'l Team:
    United States
    OR, be a cheapass and only take advantage of the 3 free articles per month.

    Decisions, decisions.

    :p
     
    thomas19064 repped this.
  22. thomas19064

    thomas19064 Member+

    Apr 29, 2008
    Delco
    Club:
    Philadelphia Union
    Nat'l Team:
    United States
    This is probably what Jay does.
     
  23. thomas19064

    thomas19064 Member+

    Apr 29, 2008
    Delco
    Club:
    Philadelphia Union
    Nat'l Team:
    United States
  24. aztec21bas

    aztec21bas BigSoccer Supporter

    Jun 24, 2009
    Mullica Hill, NJ
    Club:
    Philadelphia Union
    Nat'l Team:
    United States
    That article speaks volumes. It basically says what we all know.... until Sugarman sells, we may as well get used to trotting down to Talen Energy Stadium to watch our club maybe qualify for the playoffs. There is no hope that they will ever win a cup until that time. Sugarman can compete with the Arthur Blanks of the world about as well as I can compete with the Jay Sugarman's of the world.
     
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  25. MisterB1968

    MisterB1968 Member

    Feb 27, 2008
    New Castle, DE
    Club:
    Manchester United FC
    Nat'l Team:
    United States


    The perfect tweet to sum up this team.
     

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