Reply to FCV - BRYC merger

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Don't know when announcement will be made but FCV and BRYC have some form of partnership that much I know

People couldn't believe it either when Arlington was going to ECNL then all they could do was shut up.

Yes BRYC and FCV have something in works thats all the public needs to know..

For now.[/quote]

It’s a TSJ branding deal. TSJ owns FCV and could care less about the club and only in how it supports TSJ’s brand vision to create a DC metro sports academy a la IMG. TSJ currently happy with FCV but sees the writing on the wall and not being aligned with ECNL is now a problem with the brand objectives. TSJ willing to throw money at issue as long as it continues to grow to secure adequate cash flow for the investors or more accurately to carry the real estate assets after operating expenses. Bryc is being pitched and courted but sees little value in FCV and merging the teams would be prohibitive from a logistics and field space perspective. A lot of talk but no action. I understand bryc is not the only team in discussion. [/quote]

Sounds more like if TSJ can't strike a deal then they may bail on FCV. [/quote]

Sounds like they will bail either way and FCV needs them more than the other way around at this stage. Why not bail on FCV to avoid any issues with merging clubs. The FCV players are capable of finding other teams in this area at all levels of soccer if they are concerned with how TSJ may impact them. Why not just end the deal at the end of the spring season and move on without FCV?[/quote]

There isn't anything to bail on other than the Evergreen lease, coaching contracts and the players. If TSJ simply buys BRYC, players, coaches are replaced. BRYC fields are closer, allowing the club to utilize TSJ's fields more and actually be able to charge the teams for the use. The deal would also allow the TSJ to actually double its number of players because of the boys program.

TSJ, also bailing on FCV pretty much forces the players to scramble to BRYC or find another club. FCV would no longer exist and be out of GA thus strengthening BRYC as well as other local ECNL clubs.

Perhaps Bobby and Christian stay on board but either way, FCV no longer exists and would essentially be out of GA. [/quote]

If TSJ bailed, wouldn’t FCV just go back to being FCV? Not sure what the TSJ brand does for FCV other than line the pockets of the directors and coaches.[/quote]

LOL NO!!! TSJ owns FCV. There is no FCV other than  keeping the name for continuity and marketing. They own the name, the rights and they simply pay the same coaches.

Instead of the profits going to Christian they now go to TSJ. Christian sold his risk exposure in return for a stable job. TSJ now owns the club as well as the risk. They could bring an entire new staff or conversely just decide to cut their losses and not do club soccer if they wanted. They may find that a rec program is more profitable than an elite soccer program.

TSJ may also decide to just rent out their field to any and all clubs who want climate controlled training facilities. It just depends on what their business model and plan is. FCV's results on the field are terrific but who knows what the books look like. Bleeding a boys program since the club purchase probably didn't help the bottom line.

So, if TSJ buys BRYC, FCV is kinda no more and are out of GA. The kids that want to will migrate to BRYC and TSJ will stop leasing at Evergreen. [/quote]

Christian did not sell 100%. He is a minority owner though. TSJ has 50.1%[/quote]

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