This whole thing is an asset game for them. They bought a club for $200M that's now pushing a $1B valueation. Having their own stadium will only push the value up more, not to mention the value of the stadium itself as NYC real estate. Writing the stadium check isn't some sort of sign of commitment to the projects its a calculated investment.
No one at CFG or CFG's owners cares about this team beyond what it means for their bottom line. They might bring in some stars to generate buzz for the stadium, but it won't last any longer than the Villa years. If it's just an assest why shell out any more money than is needed to be moderately competitive? Let the LAFCs and Miami's of the leage shell out the money that grows the profile of the league, and just ride along on the increase in club value as the profile of the league rises.
I agree with ...
some of that. We're certainly an asset in their portfolio. And they certainly want to make money. Ferran Soriano isn't tasked with lighting Sheikh Mansour's pile of cash on fire, and I know for a fact, the Emiratis are in business to do business. They don't mess around.
Which are some of the reasons I think the opposite from your point of view. We're essentially a
decade of sunk costs: paying rent for a place to play for all our home games, paying rent for our offices, paying our share of league revenue and our DP money, and on and on, all out of very narrow, even minimal revenue streams.
And now we're plowing another $785 million-plus into the franchise.
It just doesn't profile to me like a "just good enough" strategy. More like, "let's keep it rolling until we get through the red tape and have our own park" strategy.
My big question is how much independence Dunivant and Sims are going to have. I know if I'm Soriano, all I care about is a healthy positive cash flow and a perpetually rising valuation, which means they get to do what they want as long as it works. We get there by winning, and we win with smart signings. It won't happen if we're being micromanaged by Manchester, and I'm sure Ferran is perfectly aware of that.
What was going on with David Lee, I don't know.
