I couldn't possibly disagree more with your investment

thesis Larry.
1)People who purchase sports franchises don't necessarily
buy them to make money. Most of the time it's an exercise
in ego in that they can own a commodity that many people in the world can't.
2)Those who do buy them almost inevitably make money when they sell up to the next buyer. They don't have to make money from stadium rent, that's a pittance compared to the inflated value of the franchise.
3)I think Delia's telling porkies when she says there are no interested parties. As long as the world contains rich people with egos there will always be people interested in purchasing the club.

Posted By: SeattleSounders on December 23rd 2017 at 00:31:46


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