It’s all the same shit people were doing with Sak... defeatist attitude a long the lines of “well we can’t do anything about it, oh well” Just cause it’s a shitty situation with unlikely odds of actual change doesn’t mean we should just plod along and not voice our displeasure.
I'd argue the Union not being good at soccer for a long period killed it. People still believed in '10 and '11.
I think the SOB have made mistakes. But the they I was referring to was the front office. When we had anti owner two poles up in 136 and banners hung from the railing they were confiscated asap by staff and all other signs around the stadiums as well.
The billboards above Talen Energy are for rent... someone put together a gofundme... https://www.outdoorbillboard.com/bi...ge-digital-to-nj-105-1-for-rent-in-chester-pa
Me taking over the team with the Powerball jackpot wouldn’t fix anything. We need a Billionaire, not a millionaire.
The Union under this ownership is like a manufacturing company who has spent a bunch of capital on installing the latest and greatest technology on the assembly line, but don’t have enough to spend on acquiring the best materials to make the product out of. Despite all the assembly line efforts, the product’s quality (the only thing consumers see and care about) still stinks.
It won't work any better out there then it will here, but Pittsburgh Pirates fans are petitioning Major League Baseball to force a sale, since the team doesn't seem all that interested in winning. Swap the names and it could be about us.
'We do need to spend more, and we'll be doing that' The unnamed trialists from the Red Bull’s exhibition were high school kids to help the Union get to 30 players. They’re no longer with the team.— Philly Soccer Page (@phillysoccerpg) February 7, 2018 z
If DCU has a valuation of 500 million we must be in the sa,e ballpark right? Knock 100 mill off for the older stadium and the Chester location. 400 million sounds more than fair. Time to sell Jay!
Well the DCU valuations include their $350M stadium....so....it’s not good news at all. Plus they’ve got a $50M training facility opening. Last year they were ranked by Forbes at $230M on ~$20M in revenue. We’re probably still in the 150-180M range, or too close to the expansion table stakes.
I think the Union are significantly more expensive than the expansion fee and the DC sale demonstrates this. If you're paying $150m to get in, you still have to handle the stadium, academy, training facility, and assemble an organization to support that. That could easily put the sunk cost price tag at $500m or more. If you're considering that in a market smaller than Philly or DC, wouldn't $400-500m be a relative bargain for an organization with all of the building blocks in place? I'm not skilled in valuing companies, but I'd be willing to bet that if Sugarman put the team on the market for $300m it would be gone in a heartbeat. The thing is, I think they put way more than $300m into getting to this point. The DC number means we're getting to a point where cashing out may look more attractive.
I'm no expert in these matters, but does Audi Field even count towards DCU's valuation? For one, Washington DC owns the stadium, while the club is only the operator (according to wikipedia, so who really knows...). Even if the club did own it outright, there has to be a substantial debt burden from the stadium that would count against the club's valuation. Or does simply having the operating rights to a fancy new downtown stadium for the foreseeable future count towards the value of the club?
Foretasted revenue goes into a valuation so DC's new stadium definitely helps the valuation. The Audi field deal has to be significantly better than the RFK deal and with it being shiny new they'll get a bump in attendance for sure. I'm no expert in valuation either and I don't think you take the $350m and add it directly to their valuation, but the new stadium definitely contributed to the figure in a positive way.
Agreed, but in the “will he sell soon”category, it may be a detriment. We’re a 2010 Honda Civic with mismatched rims and a dent in the door. An expansion team has the advantages of not being in Chester or overcoming a decade of market irrelevance. So I think it underlines Jay won’t sell til after expansion when we’re the fixer-upper that looks a steal. Right now we just look in need of fixing vs building something new and shiny like LA or ATL. Those are the Tesla’s to our Civic.
If anything, I think its the opposite. None of the expansion opportunities available offer anything comparable to Philadelphia with respect to size. We need to look beyond Chester. The location was not a problem when the team was shiny. Put TFC in Chester lock, stock and barrel and we're talking about expanding the stadium. A new owner comes to Philly and he or she has the stadium, training facility, academy and USL team locked up and in place. It has a staff in place and an organization to tweak. Make one or two big signings to make it easier to sell ticket would do wonders. There's clearly a deep customer list there and plenty of people to get back in just pulling from people who left. Everything after that is real growth. Just because the current ownership runs the team like its Columbus doesn't mean we're Columbus.You have the potential to get far more back at 4-500m on the Union in this area than you'll get out of that spend via any of the expansion candidates.
They are literally talking about putting teams in cities like Sacramento, Detroit, and Austin, which are OK places but not exactly in the same tier as Philly. A better analogy is that we’re a sports car the owner can’t afford to maintain.
And an entry-level, base model one at that, with no bells and whistles. Like a Porsche 944. Yeah, I drive a Porsche. Oh, but did I mention it doesn't have a radio?