| DC United for sale on 15:20 - Jul 31 with 2031 views | Swanjaxs |
This is what you get when individuals invest in clubs they have no affinity with! Our day will come soon enough too..... |  |
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| DC United for sale on 15:23 - Jul 31 with 2009 views | icecoldjack |
Is it true Morgan,Jenkins and Dineen are going to buy it ? |  | | |
| DC United for sale on 15:25 - Jul 31 with 1991 views | swanforthemoney |
Thats why the Trust needs to keep a place on the Board, with a reliable Supporter director, to be able to subject decisions to scrutiny.
As Ive written elsewhere, the modus operandi of these investors is to try to 'sell-on' rather than asset strip, as demonstrated at DC United. |  |
| I stand in the North Stand
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| DC United for sale on 15:36 - Jul 31 with 1925 views | Flashberryjack |
| DC United for sale on 15:23 - Jul 31 by icecoldjack |
Is it true Morgan,Jenkins and Dineen are going to buy it ? |
Perhaps they bought it behind Leviens back..........Nah! they wouldn't be so sneaky and underhanded to do such a thing, would they ?. |  |
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| DC United for sale on 15:40 - Jul 31 with 1899 views | E20Jack |
| DC United for sale on 15:25 - Jul 31 by swanforthemoney |
Thats why the Trust needs to keep a place on the Board, with a reliable Supporter director, to be able to subject decisions to scrutiny.
As Ive written elsewhere, the modus operandi of these investors is to try to 'sell-on' rather than asset strip, as demonstrated at DC United. |
What you are talking about is obvious visual asset stripping i.e. selling of players and pocketing the profits. I cant imagine DC United have a whole lot of assets to strip. What you arent seeing however is their balance sheet. Who knows how kuch they have syphoned off in the form of consultancy fees, which is a form of asset stripping just not as visually brazen, |  |
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| DC United for sale on 17:54 - Jul 31 with 1539 views | Nookiejack |
| DC United for sale on 15:25 - Jul 31 by swanforthemoney |
Thats why the Trust needs to keep a place on the Board, with a reliable Supporter director, to be able to subject decisions to scrutiny.
As Ive written elsewhere, the modus operandi of these investors is to try to 'sell-on' rather than asset strip, as demonstrated at DC United. |
So you wouldn't concede the Drag rights? |  | | |
| DC United for sale on 19:34 - Jul 31 with 1367 views | eljinca |
As someone who's a Swans fan but has lived in Washington DC since the mid-90s, I'd only add the following:
1) DC United were the dominant US club team in the mid-90s through 2000. Since then they have been, basically, terrible. They have also been bad since 2012 since Levien and Thohir became majority owners (2013 was the worst season in club history). There was some investment in 2014, which has led them to mid to top finishes in the conference (MLS has totally different rules than European leagues).
2) They recently, after 10+ years, got the DC city council to approve a new, football only stadium in DC. The stadium will be complete for next year's season. This will greatly increase ticket sales and local interest in the team, who have played in a dreadful old stadium that was build for American football in the 70s.
3) They recently inked a 12 year sponsorship of the stadium by Audi.
Points 2 & 3 lead me to believe that the value of the club has just dramatically increased, hence the interest in exiting by the ownership. | | | |
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