Reply to VA Revolution has purchased Evergreen Sportsplex

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Absolutely shocked that it's only valued at 4-5 million. [/quote]

I saw that comment from a previous poster and that person is living in fantasy land.  A regulation sized turf field with lighting is in the $1.7 - $2.0m range. That’s *one* field.  You do the math.[/quote]

Yeah, that sounds much more on point.  Not to mention parking facilities and the stands and food/beverage facilities.  [/quote]

it all requires upkeep. The question is how much revenue does it really generate vs just a regular field with lights [/quote]

Irrigation and irrigation maintenance, constant mowing, fall and spring treatments, line painting, fragile in weather.[/quote]

which is nice if you compare it to grass, but what about turf fields without the grandstand? [/quote]

What about them? Not sure what you are asking.[/quote]

They have a lot to maintain vs. just a turf field with lights. The question is whether they will be able to generate enough income to maintain the property plus service the debt that they took on to buy it. They aren't exactly a huge club [/quote]

There’s no debt to the new owners. And it’s hard to be HUGE when you were founded 3 years ago and your neighbors have been around since the late 70’s.

However, it is noteworthy to observe they’ve gone from one 1 team in Fall 2018 to fielding 30 or so in Fall 2021. NCSL and EDP are their current leagues. They have a partnership with GA for their most talented female players and one male player has already signed with DC United.

Gotta give credit to them. Who’s to know what they’ll look like in another 3 years? They’ve effectively kicked out those other clubs from their complex so I doubt they’ll stop growing.[/quote]

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