Leiweke: "Galaxy could be at $100m (a year?) revenues within a couple years".

Discussion in 'MLS: News & Analysis' started by golazo68, May 15, 2007.

  1. golazo68

    golazo68 Member+

    Dortmund
    United States
    May 21, 2004
    Brazil
    Well, its Sky. They are known for their famous mis-quotes. If so, they royally screwed up on this one:

    However, Leiweke is confident that MLS has a more solid foundation and hopes bringing in players like Beckham will raise the income of LA Galaxy to the level of the world's biggest clubs.

    "At the Galaxy, we aspire to be like the top clubs in the UK and that means we have to get our revenues near the $100m (£50m) a year mark.

    "We have a shot at that over the next couple of years."

    http://home.skysports.com/list.aspx...1230&lid=2&title=Galaxy+hope+for+Becks+appeal
     
  2. L.A. SOCCER NATION

    L.A. SOCCER NATION ONLY IN L.A.

    Jun 17, 2005
    LOS ANGELES
    "We're already thinking about who the next player is that will come over and join us as David's career will undoubtedly wind down," he told the International Football Arena convention.
    "This is going to be the way of life for clubs in the United States, in particular for the Galaxy. It will be important for us to go out and identify world class players who want to come to the United States.


    Link:http://africa.reuters.com/sport/news/usnBAN548170.html
     
  3. flippin269

    flippin269 Member+

    Aug 3, 2003
    Houston
    Club:
    Houston Dynamo
    Nat'l Team:
    United States
    There's nothing wrong with that. I hope more MLS clubs are able to make that impact on a global scale (compete with UK's top clubs in terms of skill and revenue).

    To do that though, they'll have to have a plan to compete with UK in terms of fanbase, too. Toronto's the first real sign that it could happen sooner than later. If they keep up their marketing success, they could by the end of the decade become the most popular sports team in Ontario, and we could see our second $100m a year club right there.
     
  4. scheck

    scheck Member

    Mar 13, 2007
    Denver
    Club:
    Colorado Rapids
    Nat'l Team:
    United States
    LA should focus on more attainable goals (like competing with MLS's top clubs) first.
     
  5. Centennial

    Centennial Member+

    Apr 4, 2003
    Centennial

    LOL. repped!
     
  6. scott47a

    scott47a Member+

    Seattle Sounders FC; Arsenal FC
    Feb 6, 2007
    Austin, Texas
    Club:
    Seattle Sounders
    Nat'l Team:
    United States
    I think many MLS fans are failing to grasp what Galaxy are aiming for.

    I'm not 100 percent sure they care if they ever win MLS Cup.
    They want a marketing sensation worth millions travelling the globe.
    Asian tour anyone?
    Though the MLS salary structure contains it a little, I don't think it's wrong to say Galaxy are aiming for Cosmos-like world attention.
    That sells a lot of jerseys, tour tickets, etc. and makes $100 m. seem an easy get.

    PS: I wouldn't be surprised to see Galaxy push for a salary cap increase and an expansion of the DP rules next season -- perhaps to two a team -- so they could continue to add more marketable players to the squad.
     
  7. MtMike

    MtMike Member+

    Nov 18, 1999
    the 417
    Club:
    Sporting Kansas City
    Nat'l Team:
    United States
    Hard to be a world famous club if you consistently finish Mid-table.
     
  8. Mr.Bill

    Mr.Bill Member

    Nov 29, 2006
    Fargo
    mid table if they are lucky. And whoever said Asian tour, are you kidding. Max that makes 5 or 6 mil. where does the other 95 come from?
     
  9. churchill2000

    churchill2000 3x MLS Cup Champions

    Jul 12, 2004
    Monde Virtuel
    Club:
    Los Angeles Galaxy

    Asian/European/(Australian?) tour is in the works for next year.

    Sponsorships, ticket revenues, merchandise, etc. This includes Beckham's slice of the pie.

    All of which can eventually add up to 100 million.
     
  10. jade1mls

    jade1mls Member

    Jul 9, 2006
    Seattle
  11. Qamle

    Qamle Member

    May 2, 2004
    San Diego
    Club:
    Los Angeles Galaxy
    Thank goodness we're in the MLS, where there are no real tables. :rolleyes:

    2005 anyone? Thank you very much, you're all jealous.
     
  12. da_patriots

    da_patriots New Member

    Mar 3, 2007
    Loudoun County
    There is nothing wrong with aiming high. I like the way Galaxy thinks.
     
  13. PJohnson

    PJohnson Member+

    DC United
    Dec 16, 2004
    South Dakota
    Club:
    DC United
    Nat'l Team:
    United States
    LA Galaxy will have about $25 million in gross receipts from soccer operations this year. With a significant increase in merchandising, ticket, and sponsorship revenue, and additional revenue from foreign tours, it might be possible for them to get to $50 million. But in order to get to $100 million they will need a ton of TV revenue. And that won't happen anytime soon.
     
  14. Stan Collins

    Stan Collins Member+

    Feb 26, 1999
    Silver Spring, MD
    Leiweke has made silly prognostications before.
     
  15. monster

    monster Member

    Oct 19, 1999
    Hanover, PA
    Club:
    DC United
    Nat'l Team:
    United States
    And the folks at MLS HQ don't always like them.
     
  16. scott47a

    scott47a Member+

    Seattle Sounders FC; Arsenal FC
    Feb 6, 2007
    Austin, Texas
    Club:
    Seattle Sounders
    Nat'l Team:
    United States
    Legitimate point, Monster.
    It seems to me that if Galaxy try to operate as if they are above the MLS, and to push for more DPs, higher salary caps, etc. to try and stretch the brand, they could eventually end up in conflict with the league and it's financial model.

    I think people should keep an open mind about the Galaxy's revenues, though. First of all, it is my understanding they are planning an Asian tour with Beckham this year. With Becks on the roster they are already light years ahead of DC United on that continent in terms of paydays and merchandise sales.
    They are also planning a completely new kit that I'm sure will be sold all over the world. Expect to see it on kids at your local mall, and on kids in Kobe, Japan, and in London, England.

    Lieweke is talking about $100m revenue. You don't hear him talking about Supporter's Shields or MLS Cups. It's about marketing a brand not necessarily winning soccer games.
     
  17. McGinty

    McGinty Member

    Aug 29, 2001
    Club:
    Sporting Kansas City
    In a few years, finishing "mid-table" may not be good enough to make the playoffs, especially if the league continues to use the current playoff format.
     
  18. JazzyJ

    JazzyJ BigSoccer Supporter

    Jun 25, 2003
    Good fit for LA: style over substance.
     
  19. arsynic

    arsynic Red Card

    Jan 2, 2007
    Santa Barbara
    puuuuuuuuhlease. once beckham and xavier join the galaxy, with donovan they will be a force. my god, they may have to deal with the amazing attacking play of the colombus crew or the defense of jimmy conrad. they will never succeed.:rolleyes:

    as much as i would love for MLS to succeed we still live in america guys. come on.
     
  20. monster

    monster Member

    Oct 19, 1999
    Hanover, PA
    Club:
    DC United
    Nat'l Team:
    United States
    I've never had anyone from MLS tell me that. But I have had people from MLS (several years ago) tell me that they wish he wouldn't make grand proclamations to the media.
     
  21. dcufan1984

    dcufan1984 Member

    Feb 17, 2002
    Club:
    DC United
    Nat'l Team:
    United States
    tim is a lot more hype than his bite, and if irc has been reigned a couple of times in the past by phil.

    my impression is that he is a highly effective businessman and well-liked, but he has a loud mouth and a penchant for media attention.
     
  22. monster

    monster Member

    Oct 19, 1999
    Hanover, PA
    Club:
    DC United
    Nat'l Team:
    United States
    That last part is a very good summation of what I was told.
     
  23. Wildcatter Orange

    Wildcatter Orange New Member

    Jan 25, 2006
    Maple Leafs? :confused:
     
  24. jade1mls

    jade1mls Member

    Jul 9, 2006
    Seattle
    Took the words right out of my mouth. Have some nice rep. :)
     
  25. Don't underestimate the Asian market for soccer. China is about to explode. Korea and Japan already have successful leagues. Beckham jerseys will sell by the millions in China. Single entity means every dollar LA earns goes to everybody, so building a super club is fine with me, for now. It gets frustrating waiting for 1-3 more teams, new stadia, etc., but progress is being made. Having to play on artificial surfaces for now and seeing small crowds in many markets makes me fear a repeat of NASL, but financially things are moving along. I wish I could move the clock ahead three years and see every team in its own stadium, 2-4 top foreign players on each team, jersey sponsors on all shirts, etc., but that time will come.
     

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