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Post by J. Myrle Fuller on Nov 11, 2011 11:04:28 GMT -5
I really don't see that many jumping on board for 1.5M...that is a lot of money to spend on something like this. I can see owners coming on for 100k Well, in all fairness it is actually 350k and then "finance the rest" (i.e. if it succeeds, you have to make a bigger buy-in, but if it fails, you're off the hook), so it is a bit more reasonable.
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Post by gatek99 on Nov 11, 2011 13:59:55 GMT -5
I really don't see that many jumping on board for 1.5M...that is a lot of money to spend on something like this. I can see owners coming on for 100k Well, in all fairness it is actually 350k and then "finance the rest" (i.e. if it succeeds, you have to make a bigger buy-in, but if it fails, you're off the hook), so it is a bit more reasonable. I would rather just buy an indoor team with an entire operating budget under that. Until the SFL becomes stable of course
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Post by broncofan on Nov 11, 2011 15:55:05 GMT -5
Well, in all fairness it is actually 350k and then "finance the rest" (i.e. if it succeeds, you have to make a bigger buy-in, but if it fails, you're off the hook), so it is a bit more reasonable. I would rather just buy an indoor team with an entire operating budget under that. Until the SFL becomes stable of course But the indoor football market is fairly risky in and of itself. Look at the number of teams that disappear each year. And I doubt there's much money to be made in it. With the SFL, if you think they have a good business plan and can contain costs, there is a lot of potential. You get on the ground floor and if they succeed you can make a lot of $$. Everyone keeps saying there is a market for spring football, this is where you prove it.
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Post by gatek99 on Nov 12, 2011 20:39:10 GMT -5
I will hold my breath until I see it happen with the SFL, last year was not pretty
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