Lets have fun and analyze Beck's MLS Franchise purchase, and would you join him if you had the money? (pay, real estate)

[NJ Brazen_3133]

David Beckham reveals purchase of MLS Miami franchise - ESPN FC

Lets have fun and analyze David Beckham's purchase of an MLS Franchise in Miami. If you had the money would you join him in this venture? What would your demands be? Do you think this is a wise choice? It will be completely privately funded, say Beck's, so he will need your money. They dont even have a place to play. They want to build one from the ground up. Apart from the fee, which only god knows is how much to begin with, he still needs to hire staff, build an arena, buy some players, pay for marketing, etc etc.

Anyone know a lot of about the business side of sports?

[oregonwoodsmoke]

Oh. I thought the title meant he was getting into real estate.

I like his underwear ads, but I think I will pass on going into business with him. Like the underwear ad says, closed course, do not attempt at home. I think maybe I will not attempt.

[NJ Brazen_3133]

LOL, I just realized MLS = Multiple Listing Service as well as Major League Soccer. I guess he is getting into real estate. He needs to build himself a soccer pitch. He wants to do it with private funds only. No Gubment help.

If I had the money, and he procured rights to play in an already built stadium, I probably still would not invest. But it would be better than building a brand new arena. Why not just pay FIU to upgrade their FIU Stadium, or even pay FAU to upgrade FAU stadium a bit, and just play in there for a bit?

Are there any restrictions on how many Euro players an MLS team can have? If not there is plenty of talent that can be had for dirt cheap. Look how many lesser tier leagues there are.