Quote:
Originally Posted by Prison Bitch
What would be th impact of a new buyer? Assume he/they buy the team for $400m and interest on the purchase is 10%. (Mix of debt and equity). That's $40m flushed down the toilet each year that could go to payroll. Just to keep payroll at current levels which I do believe is maxed out the new owner has to generate $40m extra. We only make 130m in revenue so that's asking for a 25% immediate rise just to keep pace. How would this make us better?
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If it's the OnGoal guys, they will sink the assets into the business necessary to operate at a high level.
These guys are not cheap asses like Glass and the Hunt families. They understand if you spend on sports, you get it back in the long run, even if you take initial losses.