https://nypost.com/2022/11/09/red-sox-owner-john-henry-possible-bidder-for-commanders-sources/
Henry should bring them back to Boston where the team started
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John Henry is a possible bidder for the Commanders
- Thread starter soxhop411
- Start date
Henry should bring them back to Boston where the team started
Good, once he sells he can concentrate on the Red Sox.
That's sarcasm
He'll concentrate on the Pens then.
That's sarcasm
He'll concentrate on the Pens then.
I thought there was an NFL rule that you couldn’t own a team if you own a team in a different sport in an existing NFL market?
They got rid of that a few years ago. Owners just got around it by having different family members own different teams, like the Kroenkes.
Liverpool to Washington seems like a downgrade. Henry is going to have to build a new stadium too.
Yes, but he would be leaving a sport without a salary cap to one with a strict one, and that has to help the bottom line.
On the other hand, he gets to build a "they'll talk about this place for a hundred years" stadium. He renovated Fenway and Anfield and has been praised for both, getting to do something from scratch might be appealing.
Considering Liverpool’s financial advantages due to market size and uneven revenue sharing, getting kicked out of the league isn’t a realistic possibility for a club of Liverpool’s size. It would have to be caused by a point-deduction, and regardless, they would win quick promotion (e.g. Juventus 2006).
True of course, but their whole financial model is based on Champions League participation .. which is by no means guaranteed anymore … given the rise of state sponsored/owned teams. Even then they don’t make a ton of profit.
As a profit making entity LFC is strictly small potatoes .. even if they’ll sell for £4-5 billion
Buying a pro sports team is more like buying a Picasso than it is like buying another sort of business. Every team is worth far, far more than even the most generous view of its financials would justify. To the extent a purchase decision is driven at all by traditional business considerations, it’s a straight capital appreciation play — the buyer thinks that franchises will continue to appreciate more rapidly than other risk assets. The franchise’s bottom line matters only if it’s bad enough that the owner has to put in more money to keep the enterprise afloat. I suppose it’s possible that Henry & Co. think they’ll need to inject more cash into Liverpool to keep up with other free-spending franchises, but I think it’s more likely they just think now is a good time to sell high on the EPL.
