Rumor: Cabrera fired?

Brener Sports Management LLC's right to transact business in Texas is forfeited. Someone missed a Franchise Tax deadline haha.

I imagine board is whatever owners or whoever their representatives are that are sitting on it. I've seen private companies with non-owner board representatives (typically family/friends, occasionally others).

 

Yeah, definitely possible. From a voting perspective, it's basically the owners though as an employee of Brener Intl obviously only votes the way Brener tells them to.

 

I may end up regretting saying this, but I'm going to say no way are any FO staff on the board. There's no reason to have them there, complicates things. If there is anyone other than an owner on the board it will be what Westie said, someone that essentially acts as a proxy for an owner. A Brener Intl senior executive, for example.

 

The interesting thing about all of this is that the presser announcing Davy Arnaud mentioned ownership and the board. And the presser where Brener announced the hiring of Walker also mentioned the ownership group and the board. Evidently two separate entities. Glenn Davis is going to ask about it.

 

If you had a Brener Intl senior executive on the board, which would be entirely reasonable, that would technically mean the board and ownership are two different entities.

 

From a legal perspective there are Shareholders (if its a Corporation) or Members (if its an LLC). A corporation is governed by the Board of Directors. An LLC can be governed either by its Members (owners) or Managers (essentially a director). The Board of Directors/Managers appoint the officers of the company.

 

Yeah, my guess is if there is a board with more members than owners, it’s done in a manner to give the majority owner (Brener) more spots to equal his ownership stake. Would need to see the LLC operating agreement, which the likelihood of seeing is small

 

"Christopher Hopkins is the Chief Operating Officer of Brener International Group, LLC. Concurrently, he is the Executive Vice President of Forever Orange, LLC, the parent company of the Houston Dynamo (MLS)andHouston Dash (NWSL). "

 

I think this guy signs all of the documents that the lenders filed with Harris County.

I love “holding the Dynamo hostage since 2008”!!

 

Yeah, I know. I own a few LLCs both member managed and manager managed.

 

Do we seem like the sort of team that wants outside advice?

I would expect the name owners and/or their entity executives.

 

I've been saying they'll move the team for the better part of a year now...

...and it's because of ownership and how they've let this club run into the ground.

The excuse I'm getting is that there's a long term lease on BBVA. Let me tell you boys something. That's won't stop this team from moving, despite what you think the financial dynamics entail.

 

F*ck off you absolute grape.

 

Bad news. You aren't moderate. And the ammo quote actually gives you away.

 

Wow...forgot about him. Rey bringing back some memories....circa 2007.

 

There’s not an additional city they could move to that MLS would allow them to because it takes a $250 million expansion fee off the table. And failing in Houston is not a good sign, it’s why the league pitched in to help the Chicago Fire out of Brodgeview. 10 years from now, different discussion.

 

If they don't move them, they'll fold. Just looking at the empty seats, it's so much worse than I thought. Someone in the game thread said probably around 5000 in actual attendance. They may not be far off.

 

Maybe someone wants to put a NISA team here.

Bottom rung MLS side, zero fan interest. Might actually be able to compete.

 

Glenn very nearly lost his access for not lobbing up softies a few years back. The man's gotta eat.

 

Plus he got fired from Fox women's World Cup coverage for being crap, so Dynamo all the more important.

 

That lease agreement requires a $1million penalty for each year remaining on the 30 year lease so that would be lump sum of about $22 million. I guess they could probably renegotiate, but there's also the debt service on the stadium loan.

 

Chicago fire are paying something like $65m to terminate their lease with Bridgeview, IL.

 

To move back into Chicago though. I'm curious whether the league is helping to foot that bill in some way to try and salvage the team.

Though on that topic, I'm not sure how much stadium placement necessarily plays a part in things though. Philly's team is out on the boonies and I see that stadium packed now that they're competing.

Then again FC Dallas has had some legitimately great teams in Frisco play to empty stadiums. Hard to tell.

 

I think the league pitched in or backstopped the Fire lease buyout. I am with you, I think stadium location - while an important variable - is just one variable. Every market is a bit different. Houston is a good example. Downtown is a great central location for the team in this market, but was it worth the premium to get that site at the expense of a better stadium in a different location?

this past Saturday was a good example, that game could have been anywhere inside of Beltway 8 and it probably would have drawn the same crowd.

 

Whoa, Philly hardly plays in the boonies, I've been there many, many times. I have a further drive living in Cypress. They play right under the Commodore bridge. It's not much of a drive, especially given the late start times of MLS.