New-ish Crew Ownership/FO Thread

We're gonna get an NBA retread, aren't we?

 

Don't worry. I know the perfect candidate.

 

No joke if I had any experience at all with event managment, I'd apply. You see that salary?

 

Nothing can happen 'til you swing the bat!

 

FWIW I think a crummy year like this would be the perfect time to bring back the Crewzers.

I wonder if Emily has gotten chunky.

 

Don't we all??

 

https://www.cleveland.com/browns/20...ake-in-the-team-to-a-private-equity-firm.html

And Jimmy’s not done with the selling yet. You may not believe me, but there’s a little bit of a cash flow issue at the moment.

 

Seems less than ideal, looking at the state of the roster and the work ($$$) required to get it back to respectability!

 

Are we about to have someone new on our side?

 

As you all know, I signed 2 NDA’s. The first was related to Nationwide coming on board for NWSL, but the second is still active. An announcement will probably be made regarding the information in roughly 4-8 weeks. Again, it’s not anything negative.

 

Celeb owner incoming. 21 Pilots have been advertising around town with a "From Here" campaign. Dots connected.

 

They are doing another Tour de Columbus. They'll play the smaller venues like The Basement first and then increasingly larger venues leading up to a show at Ohio Stadium, which was announced last week and which will be the biggest venue they've ever played. Huntington Park and/or SMG will be on the tour list.

 

I hope the big news is we finally get a proper location for the circle of honor and a new member.

 

Assuming it's happening (I know nothing about their rumors), it seems weird they'd be doing SMG and HCS with the built-in stage there. Then again, with The Basement and Huntington Park right there...

 

https://www.sportico.com/business/t...lumbus-crew-nationwide-stake-sale-1234901712/
Haslams and Edwards sell a 37% stake to Nationwide

 

As many of you guessed, this was my NDA #2.

 

That article mentions that the Crew brought in an estimated $93 million in revenue in 2025.

 

Yes, but revenue and profit are two different things ; )

 

So, does this mean that the Columbus Crew is now a subsidiary of Nationwide Insurance?

I'm only half joking...

 

Along those lines, assuming the Nationwide logo continues on the Crew jersey for years to come, would Nationwide be paying the FO/team (aka themselves?)

Do we get Scott's Miracle-Gro Field at Nationwide Stadium? It'd be a bit of a plot twist to have Nationwide Stadium just down the street from Nationwide Arena.

Same.

All: Do we know how much of a share Dr. Pete owns? Is there someone else involved too or am I misremembering?

 

Nope, as I suspected, the “global” refers to a previous investment that I discussed here earlier. Check out the BigSoccer Discord for details. I’m still attempting to circumvent the Rhino.

 

Edwards family owns 23% now (sold 7%) and there are a ton of them involved. Only Dr Pete sold some of his shares to help cover his NWSL investment.

 

Back in the late 1980's / early 1990's the San Francisco Forty Niners were a subsidiary of the Edward J. DeBartolo Corp. (large mall owner / developer back then). The Pittsburgh Penguins were also under the DeBartolo Corp umbrella. This violated the NFL's corporate ownership rules at the time (one the team being a subsidiary, and two the NFL's prohibition against cross-league ownership). They ended up being fined $500,000 by the NFL.

Edit: Regarding the Crew, Nationwide's 30% investment being less than 50%, unless they could show significant control (no one entity will own more than 50%, but the Haslam's investment is the largest at 40%), would most likely mean they would not be a subsidiary of Nationwide Insurance.