News: San Jose Earthquakes Owner Hires Bank to Sell MLS Club

Discussion in 'San Jose Earthquakes' started by xbhaskarx, Jun 17, 2025.

  1. xbhaskarx

    xbhaskarx Member+

    San Jose Earthquakes
    United States
    Feb 13, 2010
    NorCal
    Club:
    San Jose Earthquakes
    Nat'l Team:
    United States
    Sportico:
    San Jose Earthquakes Owner Hires Bank to Sell MLS Club

     
  2. xbhaskarx

    xbhaskarx Member+

    San Jose Earthquakes
    United States
    Feb 13, 2010
    NorCal
    Club:
    San Jose Earthquakes
    Nat'l Team:
    United States
    #2 xbhaskarx, Jun 17, 2025
    Last edited: Jun 17, 2025
    Attn Jensen Huang

     
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  3. RocktheCasbah4

    Dec 20, 2013
    Club:
    San Jose Earthquakes
    Feel bad for A's fans, but if this is the result of him needing cash for Vegas I am ecstatic.
     
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  4. xbhaskarx

    xbhaskarx Member+

    San Jose Earthquakes
    United States
    Feb 13, 2010
    NorCal
    Club:
    San Jose Earthquakes
    Nat'l Team:
    United States
    Quakes fans running into the room to inform the A's fans

     
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  5. Goodsport

    Goodsport Moderator
    Staff Member

    May 18, 1999
    Club:
    San Jose Earthquakes
    Nat'l Team:
    United States
    I am too, provided that the team name remains San Jose Earthquakes (exactly as such).

    That’s why to whom the team is sold matters just as much as who is selling it.

    GO SAN JOSE EARTHQUAKES!!! :cool:


    -G
     
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  6. xbhaskarx

    xbhaskarx Member+

    San Jose Earthquakes
    United States
    Feb 13, 2010
    NorCal
    Club:
    San Jose Earthquakes
    Nat'l Team:
    United States
    Meanwhile on the same day...

    Tonight’s A’s vs Astros game draws 8,315 fans.
    That’s the lowest crowd on record this season at Sutter Health Park.​
     
  7. don gagliardi

    don gagliardi Member+

    San Jose Earthquakes
    Feb 28, 2004
    san jose
    Club:
    San Jose Earthquakes
    Yeah, be careful when asking for regime change. The new owner might want to relocate the club to SoFi.
     
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  8. JazzyJ

    JazzyJ BigSoccer Supporter

    Jun 25, 2003
    I came here to say the same thing. Careful what you ask for. An owner change could be a good thing, or it could be a sale to someone who wants to move the club, possibly even to Las Vegas. Or it could be a sale to an owner who's worse than Fish (yes, there are a few).
     
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  9. JazzyJ

    JazzyJ BigSoccer Supporter

    Jun 25, 2003
    Whether or not Fish is selling because he needs the money for the A's (and I would question his putting so much of his eggs in the baseball basket at this time vs. a sport that's still growing), I think it's not a bad time for him to sell because:

    1) He's already made like 30x on his investment. It's's already a huge rake.

    2) He's "selling high", at least at a relative high, because:
    • Messi is in the league (what happens when he leaves)?
    • The AppleTV deal is still ongoing but with a questionable future
    • The WC is coming with a lot of hope, but there's a risk it's a dud for the US, given nats team struggles, and political uncertainties
    • It's getting more and more expensive to "keep up with the Jones's" in MLS. Operating costs are increasing, and I don't think he's getting revenue increases to cover.
    • The stadium is still fine, but may need upgrades in the coming years.
    • He's currently got the most successful ever American coach, and the team is in a relatively rare respectable state.
     
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  10. naopon

    naopon Member+

    Jan 2, 2007
    California
    Club:
    Kawasaki Frontale
    Nat'l Team:
    United States
    At the same time I don't know that the league would accept not having a franchise in the Bay Area. It's go big or go home time for the Quakes in any case.
     
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  11. JazzyJ

    JazzyJ BigSoccer Supporter

    Jun 25, 2003
    Why wouldn't they? They've already accepted it once. And they've got 3 teams in CA now, all favorite sons.
     
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  12. chris thebassplayer

    Feb 18, 2014
    Club:
    San Jose Earthquakes
    There's no way SJ loses the Quakes a second time. I'm not a Garber fan, but the likelihood of that happening are zero. Hopefully some local deep pockets with ambition step up.
     
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  13. Bajoro

    Bajoro Member+

    Sep 10, 2000
    The Inland Empire
    Club:
    San Jose Earthquakes
    Nat'l Team:
    United States
    Bruce has connections.
     
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  14. nick p

    nick p Member+

    Jul 11, 2009
    Baltimore Maryland
    Club:
    DC United
    Nat'l Team:
    United States
    Happy for Quakes Fans We are starting to see the cheap owners sell that didn't want to keep pace
     
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  15. Minnman

    Minnman Member+

    Feb 11, 2000
    Columbus, OH, USA
    Club:
    Columbus Crew
    Nat'l Team:
    United States
    Good luck to you guys. San Jose could be a model club in MLS with the right owner.
     
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  16. bsman

    bsman Member+

    May 30, 2001
    MadCity
    Club:
    San Jose Earthquakes
    Nail-biting time. Where O Where are our Rob McElhenney and Ryan Reynolds?
     
  17. podrinje

    podrinje Member+

    Borussia Dortmund
    Bosnia and Herzegovina
    Oct 10, 2013
    Bay Area!
    Club:
    Alemannia Aachen
    Nat'l Team:
    Bosnia-Herzegovina
    Let’s hope a local individual/group takes over.
     
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  18. bsman

    bsman Member+

    May 30, 2001
    MadCity
    Club:
    San Jose Earthquakes
    Goddammit! We have more million- and billionaires than any other place in the world that's not on the Arabian Peninsula. With all the rich CEOs and athletes in this area it should be s cinch to put together a group.
     
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  19. Goodsport

    Goodsport Moderator
    Staff Member

    May 18, 1999
    Club:
    San Jose Earthquakes
    Nat'l Team:
    United States
    Problem is, a vast majority of them grew up as math/science/engineering/tech nerds, a demographic that by and large hates sports. :(

    GO SAN JOSE EARTHQUAKES!!! :(


    -G
     
  20. bsman

    bsman Member+

    May 30, 2001
    MadCity
    Club:
    San Jose Earthquakes
  21. Goodsport

    Goodsport Moderator
    Staff Member

    May 18, 1999
    Club:
    San Jose Earthquakes
    Nat'l Team:
    United States
    Oops, I initially missed that you also mentioned rich athletes, who certainly didn’t grow up as nerds. :oops:

    But how many of them would actually be interested in owning a soccer team here? :confused:

    GO SAN JOSE EARTHQUAKES!!! :cool:


    -G
     
  22. SeaJayBee

    SeaJayBee Member

    Jun 23, 2008
    Saratoga
    Just because they’re rich doesn’t mean they have any interest in sports in general and soccer, in particular. I know many of these wealthy folks and their interests are NOT often into sports.
     
  23. JazzyJ

    JazzyJ BigSoccer Supporter

    Jun 25, 2003
    At this point we should understand, with Graber it's all about the benjamins in the end. Virtually every original MLS franchise struggles: CO, FCD, NER, DC, NYRB, etc. Even LAG struggles relative to newcomer LAFC; they were lucky to get a reprieve with their championship season (thanks to Puig). And virtually every new MLS franchise thrives. Really only one original MLS franchise has been able to appreciably turn around the fate of their franchise in the market - SKC, and that was with 1) a state-of-the-art new stadium, 2) a full rebrand, and 3) a winning team all happening simultaneously for a big bang. If you're gonna pay $600M for an MLS franchise do you really want to be in the "struggle" camp or in the "thrive" camp?

    Yes, I believe someone could come in here and turn the Quakes franchise around to some degree, and I hope someone tries. But it would be very difficult. The Quakes brand is at this point, after almost 30 years, highly entrenched in the market. It's very stale. It would be a tough haul.
     
  24. Goodsport

    Goodsport Moderator
    Staff Member

    May 18, 1999
    Club:
    San Jose Earthquakes
    Nat'l Team:
    United States
  25. SoccerMan94043

    SoccerMan94043 Member+

    May 29, 2003
    San Jose
    Club:
    San Jose Earthquakes
    Nat'l Team:
    United States
    A sale is required if the Quakes are to really compete. So at least this is some level of hope.
     
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