Jimjamesak
Already insane, UAA making it worse
Charlotte potentially since it has the same owner as the Panthers.
Austin has potential if (f-) Precourt actually decides to spend.
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World Soccer XXX: We Have Men Too!
- Thread starter Jimjamesak
- Start date
- Status
Austin has potential if (f-) Precourt actually decides to spend.
Jimjamesak
Already insane, UAA making it worse
Re: World Soccer XXX: We Have Men Too!
On the other hand, Nashville is going to suck hard and I’m happy they’re in the Western Conference.
On the other hand, Nashville is going to suck hard and I’m happy they’re in the Western Conference.
Jimjamesak
Already insane, UAA making it worse
Re: World Soccer XXX: We Have Men Too!
On the other end coin:
According to the BBC, EFL Championship clubs lost a combined £307 million in 2017/18 despite all time high revenues of £749 million.
On the other end coin:
According to the BBC, EFL Championship clubs lost a combined £307 million in 2017/18 despite all time high revenues of £749 million.
Kepler
Si certus es dubita
Jimjamesak
Already insane, UAA making it worse
Kepler
Si certus es dubita
Re: World Soccer XXX: We Have Men Too!
Then. Sell.
Because Bury and Bolton were simple aberrations...
Then. Sell.
Jimjamesak
Already insane, UAA making it worse
Well, as mentioned in the article, the guy quoted did sell.
Selling the clubs does not fix the systemic problems though.
Kepler
Si certus es dubita
Re: World Soccer XXX: We Have Men Too!
A sale means there's a buyer. If this is a mug's game, who is buying?
A sale means there's a buyer. If this is a mug's game, who is buying?
Jimjamesak
Already insane, UAA making it worse
Kepler
Si certus es dubita
Re: World Soccer XXX: We Have Men Too!
No. I'll try again using smaller words. Why does IEC buy if it's oh so hard on the owner? Is the buyer stupid or charitable?
No. I'll try again using smaller words. Why does IEC buy if it's oh so hard on the owner? Is the buyer stupid or charitable?
Jimjamesak
Already insane, UAA making it worse
Kepler
Si certus es dubita
Re: World Soccer XXX: We Have Men Too!
Read. My. Question.
My contention is simple and you keep evading it: as long as you can find buyers for EPL clubs the owners have no standing to cry. If somebody is buying in that means it's a goldmine.
If they start haying to pay people to take a club off their hands then I'll listen. Until then, it's the same BS we hear from our owners when they bay for public financing. It's Finance 101: socialize loss, privatize profit.
What is your endgame here? Is this you trying to say that pro/rel is destroying the EPL so the MLS you wuv so much is superior? That's a testable hypothesis: we'll see in ten or fifteen years who is a healthier league. For all I (or you) know, you may be right. But you don't need to bend yourself into Trumpian knots playing rhetorical tricks in the meantime. My contention is simple and I would argue (of course) inarguable: as long as there's a line to buy a product either the product is sound or the buyers are suckers. You have to pick one of those.
Read. My. Question.
My contention is simple and you keep evading it: as long as you can find buyers for EPL clubs the owners have no standing to cry. If somebody is buying in that means it's a goldmine.
If they start haying to pay people to take a club off their hands then I'll listen. Until then, it's the same BS we hear from our owners when they bay for public financing. It's Finance 101: socialize loss, privatize profit.
What is your endgame here? Is this you trying to say that pro/rel is destroying the EPL so the MLS you wuv so much is superior? That's a testable hypothesis: we'll see in ten or fifteen years who is a healthier league. For all I (or you) know, you may be right. But you don't need to bend yourself into Trumpian knots playing rhetorical tricks in the meantime. My contention is simple and I would argue (of course) inarguable: as long as there's a line to buy a product either the product is sound or the buyers are suckers. You have to pick one of those.
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Shirtless Guy
Old Dirty Basterd
Re: World Soccer XXX: We Have Men Too!
so basically the relegated teams have a huge advantage in getting back up so the rest of the Championship needs to throw money at their teams to have a shot of catching the relegated clubs? And the Wigan ownership group doesn't see that changing so they got out before it all fell apart because they can't afford to keep up with relegated clubs? IEC on the other hand probably sees the "finish line" of throwing money at the club for a couple years and finding a way to get promoted...
so basically the relegated teams have a huge advantage in getting back up so the rest of the Championship needs to throw money at their teams to have a shot of catching the relegated clubs? And the Wigan ownership group doesn't see that changing so they got out before it all fell apart because they can't afford to keep up with relegated clubs? IEC on the other hand probably sees the "finish line" of throwing money at the club for a couple years and finding a way to get promoted...
Shirtless Guy
Old Dirty Basterd
Re: World Soccer XXX: We Have Men Too!
I think I answered it...but you're too dense to figure it out on your own...buyers always think they can fix the flaws, and they see the carrot of promotion but you have to actually get promoted for the payoff.
I think I answered it...but you're too dense to figure it out on your own...buyers always think they can fix the flaws, and they see the carrot of promotion but you have to actually get promoted for the payoff.
Kepler
Si certus es dubita
Re: World Soccer XXX: We Have Men Too!
I am certainly dense but I still think the expected value function is on my side. You do start to say in this iteration that the buyers are fools and like I've been saying that's plausible. God knows wealth and intellect are unrelated.
I was more focused on the idea that already being in the EPL is supposedly somehow onerous, but my argument works just as well for being at any level within the system. If you bought you just proved you think it's a good deal to buy or you're a masochist, and while there are plenty of narcissists among team owners, I don't see many masochists.
I am certainly dense but I still think the expected value function is on my side. You do start to say in this iteration that the buyers are fools and like I've been saying that's plausible. God knows wealth and intellect are unrelated.
I was more focused on the idea that already being in the EPL is supposedly somehow onerous, but my argument works just as well for being at any level within the system. If you bought you just proved you think it's a good deal to buy or you're a masochist, and while there are plenty of narcissists among team owners, I don't see many masochists.
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Shirtless Guy
Old Dirty Basterd
Re: World Soccer XXX: We Have Men Too!
Wealthy people don't always buy because its a good idea. Sometimes they buy because they want to have something...I mean does anyone think buying a giant diamond is a good idea? Those things don't have any real value.
Wealthy people don't always buy because its a good idea. Sometimes they buy because they want to have something...I mean does anyone think buying a giant diamond is a good idea? Those things don't have any real value.
RaceBoarder
Waiting for the Snow to fly...
Re: World Soccer XXX: We Have Men Too!
This is not a new trend in sports. Basically spend $1000 to win $100. Here in the US, that is what goes on with any sport that isn't the BIG 4 Leagues, the top 1/3 of D-1 Football and Bouncy Ball, NASCAR Cup series (well, 20-25 teams anyways), Top 75 PGA Tour golfers.
This is not a new trend in sports. Basically spend $1000 to win $100. Here in the US, that is what goes on with any sport that isn't the BIG 4 Leagues, the top 1/3 of D-1 Football and Bouncy Ball, NASCAR Cup series (well, 20-25 teams anyways), Top 75 PGA Tour golfers.
Jimjamesak
Already insane, UAA making it worse
EFL not EPL. It’s talking about teams in the Championship, the level below. Being in the EPL is not the onerous, it’s getting there and staying there that’s onerous. Even being a mid-table team in the PL is dangerous because you’re one unlucky season from relegation and potential financial crisis.
In the European system, and especially in England, you have to take risk and spend above your means to move up, whether that’s to gain promotion or to a Europa League spot or to a title. If you do succeed, you’ll be rewarded and it’ll pay off. If you don’t, your club will be just another Leeds or Portsmouth.
15 years ago the Big Six didn’t exist, it was Man U, Arsenal, and Liverpool. Roman Abramovich bought Chelsea in 2003 and spent over a £100 million (money they didn’t have at that time) on players to try to win a title, and didn’t win (they won back to back in 2005 and 2006 after they bought Mourinho from Porto). Manchester City wasn’t relevant until they were bought by the Abu Dhabi group in 2008 who immediately increased spending, including breaking the transfer record for Robinho, and they still didn’t win until 2012. In both cases their owners covered huge financial losses until their successes.
Championship clubs don’t have the ability nor ownership to absorb those kinds of losses for the sake of, by comparison, a smaller and inconsistent payday. And when you don’t succeed things can spiral out of control quickly, posting sustained financial losses will get you hit with transfer bans, forcing you to field a worse team, risking relegation and further financial trouble. Even if you don’t risk it and plan soundly, you’ll still probably lose, get relegated, and face financial troubles anyway because everyone else is risking it.
It’s all a bubble relying upon constant injections of capital from naive rich folks to sustain it. Problem is, the amount rich folks willing to shell out won’t last, and when that day comes the whole system will collapse.
Kepler
Si certus es dubita
Re: World Soccer XXX: We Have Men Too!
As long as they increase in the price that can be obtained for them then sure they do. As long as Sheikh Al-Bone Saw thinks he can buy ManCity for $4B and sell for $10B he'll do it. Value is nothing but what some other moron will pay.
As long as they increase in the price that can be obtained for them then sure they do. As long as Sheikh Al-Bone Saw thinks he can buy ManCity for $4B and sell for $10B he'll do it. Value is nothing but what some other moron will pay.
Kepler
Si certus es dubita
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