APimpNamedDaveR
76p343 comments posted · 1 followers · following 0
1 day ago @ Boston Sports Media Wa... - Lakers Drop Celtics In... · 0 replies · +2 points
All of the football (soccer) spending talk is absolute BS being spouted by people who know NOTHING about business. John Henry and FSG do not "spend" on the Red Sox -- THE RED SOX ARE INSANELY PROFITABLE FOR THEM (largely because of the significant fraction of NESN they own). Arguments about "oh, FSG is spending too much on Liverpool which hurts their spending on the Sox" are totally wrong unless FSG is debt- or capital-financing the Sox. And they're not -- BECAUSE THE SOX ARE PROFITABLE.
And it's not a case of "FSG takes more profit out of the Sox than they would otherwise because of Liverpool; money that could have been invested in the Sox." The Sox are profitable including their hard capital investments (basically, capital expenditures for them = Fenway and Fort Myers facilities construction/improvement), and they cannot invest a ton more in "soft capital" -- players -- because of the de facto salary cap in MLB.
The Liverpool expenditures are being paid mostly by the obscene amounts of money the big EPL teams get from TV revenue (there's a rights pool that's shared among all teams in the Premiership, and then each team gets paid based on specific games that are televised) and sponsorship revenue. The actual gate is probably the least of their revenue streams (although still quite significant, especially for teams like Man U and Arsenal who have titanic 60k-90k capacity stadia). For a rich team like Liverpool, the owners will be putting in, at most, about $10-30m per year. And that's only if they have to do so to keep the team solvent (insolvent teams can actually be penalized points in the standings -- it's to prevent teams from debt-financing massive expenditures on players in the hopes that they'll recoup the funds via higher placement in the league, which rarely works and usually just drives the team into receivership).
So the FSG/Liverpool talk really grinds my gears, because all the people complaining (Heyman, et al.) make clear is that they blatantly know nothing about business nor about how the EPL finances work.
1 day ago @ Boston Sports Media Wa... - Lakers Drop Celtics In... · 2 replies · +2 points
All of the football (soccer) spending talk is absolute BS being spouted by people who know NOTHING about business. John Henry and FSG do not "spend" on the Red Sox -- THE RED SOX ARE INSANELY PROFITABLE FOR THEM (largely because of the significant fraction of NESN they own). Arguments about "oh, FSG is spending too much on Liverpool which hurts their spending on the Sox" are totally wrong unless FSG is debt- or capital-financing the Sox. And they're not -- BECAUSE THE SOX ARE PROFITABLE.
And it's not a case of "FSG takes more profit out of the Sox than they would otherwise because of Liverpool; money that could have been invested in the Sox." The Sox are profitable including their hard capital investments (basically, capital expenditures for them = Fenway and Fort Myers facilities construction/improvement), and they cannot invest a ton more in "soft capital" -- players -- because of the de facto salary cap in MLB.
The Liverpool expenditures are being paid mostly by the obscene amounts of money the big EPL teams get from TV revenue (there's a rights pool that's shared among all teams in the Premiership, and then each team gets paid based on specific games that are televised) and sponsorship revenue. The actual gate is probably the least of their revenue streams (although still quite significant, especially for teams like Man U and Arsenal who have titanic 60k-90k capacity stadia). For a rich team like Liverpool, the owners will be putting in, at most, about $10-30m per year. And that's only if they have to do so to keep the team solvent (insolvent teams can actually be penalized points in the standings -- it's to prevent teams from debt-financing massive expenditures on players in the hopes that they'll recoup the funds via higher placement in the league, which rarely works and usually just drives the team into receivership).
So the FSG/Liverpool talk really grinds my gears, because all the people complaining (Heyman, et al.)make clear is that they blatantly know nothing about business nor about how the EPL finances work.
5 days ago @ Boston Sports Media Wa... - Mike Reiss Rants on Ne... · 0 replies · +1 points
6 days ago @ Boston Sports Media Wa... - Boston Sports Moves On... · 0 replies · +1 points
6 days ago @ Boston Sports Media Wa... - Boston Sports Moves On... · 0 replies · +5 points
I don't blame Wes at all. I agree with Curran -- the safety was the key play. It changed the tone of the game 150%. If the Pats march down the field on that possession and make it look easy, they put the Giants on their heels and make them get into a playing-from-behind mindset. Instead, the Giants gained confidence and held the ball for almost the entire quarter. Night & day.
1 week ago @ Boston Sports Media Wa... - Giants Walk The Talk, ... · 1 reply · +6 points
1 week ago @ Boston Sports Media Wa... - Giants Walk The Talk, ... · 0 replies · +8 points
1 week ago @ Boston Sports Media Wa... - Giants Walk The Talk, ... · 0 replies · +6 points
1 week ago @ Boston Sports Media Wa... - Giants Confident/Trash... · 1 reply · +5 points
1 week ago @ Boston Sports Media Wa... - The Super Bowl Weekend... · 0 replies · +3 points
Medley