Anonymous
Post 08/24/2021 11:31     Subject: VA Revolution has purchased Evergreen Sportsplex

Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Absolutely shocked that it's only valued at 4-5 million.


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.


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


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


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


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


What about them? Not sure what you are asking.


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


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.


They do seem to be squeezing out FCV other than top girls GA teams. I am sure they will also get Loudoun players not on the ECNL or Red teams. As far as LFC, ODFC, a bit of Sterling and maybe a bit of SWA they could / are taking from them as well it would seem. Plenty of room for two larger soccer clubs in Loudoun (LS and VAR) with FCV still serving the narrow boutique top notch girls market. Youth soccer clubs don’t need to be competitive from a business perspective. They can coexist. The real goal is to teach the game and help build healthy and confident young men and women, and for a limited number create avenues and opportunities to play in college or in the rare instance, beyond.
Anonymous
Post 08/24/2021 10:50     Subject: VA Revolution has purchased Evergreen Sportsplex

Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Absolutely shocked that it's only valued at 4-5 million.


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.


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


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


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


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


What about them? Not sure what you are asking.


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


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.


did they pay cash for it?
Anonymous
Post 08/24/2021 10:49     Subject: Re:VA Revolution has purchased Evergreen Sportsplex

So where is FCV going to end up?
Anonymous
Post 08/24/2021 10:44     Subject: VA Revolution has purchased Evergreen Sportsplex

Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Absolutely shocked that it's only valued at 4-5 million.


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.


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


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


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


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


What about them? Not sure what you are asking.


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


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.
Anonymous
Post 08/24/2021 10:24     Subject: VA Revolution has purchased Evergreen Sportsplex

Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Absolutely shocked that it's only valued at 4-5 million.


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.


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


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


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


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


What about them? Not sure what you are asking.


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
Anonymous
Post 08/24/2021 10:22     Subject: Re:VA Revolution has purchased Evergreen Sportsplex

Whether FCV, Barca, LFC and whoever uses that space like it or not this is a big power move that will unequivocally translate to the extinction of these clubs in this area. It’s basic science.
Anonymous
Post 08/24/2021 00:58     Subject: Re:VA Revolution has purchased Evergreen Sportsplex

Anonymous wrote:
Anonymous wrote:They need to expand the rec league first. They can get creative with financials and charge zero for fields and lower the price, and raise prices for Barca and FCV. Alternatively, if they have the money they can play a long game and kick out Barca and FCV and lower the value of their product.


Does the field really change the value of the product that much? I mean, Evergreen does have the best facilities in the area, but would someone actually change clubs because the field changes? FCV also uses Bles Park fields which are grass not turf like Evergreen but still pretty decent. Barca has used Morven park fields in the past which aren't bad. I would imagine any field that Barca uses would also be pretty good. Point is I think you are putting too much weighting on field quality in choosing a soccer club. Of course, field location and travel time is a HUGE factor but it's not likely an existing team would make a significant geographic change and risk losing the bulk of their rosters


It would depend on the quality of the fields. Bles Park is nice, but Loudoun plays there as well, so FCV might not get expanded access. However, isn't that
Barca can't use Parks and Rec fields.

Evergreen Sportsplex is pretty far from Bles Park. I could see people in Leesburg/Purcellville switching over not being at Bles. I am in Ashburn, and I can get to Evergreen quite a bit sooner than Bles. I decided against moving with a coach to challenge because he was practicing at Bles.
Anonymous
Post 08/23/2021 19:44     Subject: VA Revolution has purchased Evergreen Sportsplex

Turf has higher profit margin than grass but much higher installation costs. Replacement needed every 8-10 years or do.
Anonymous
Post 08/23/2021 15:22     Subject: VA Revolution has purchased Evergreen Sportsplex

Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Absolutely shocked that it's only valued at 4-5 million.


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.


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


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


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


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


What about them? Not sure what you are asking.
Anonymous
Post 08/23/2021 15:19     Subject: VA Revolution has purchased Evergreen Sportsplex

Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Absolutely shocked that it's only valued at 4-5 million.


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.


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


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


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


which is nice if you compare it to grass, but what about turf fields without the grandstand?
Anonymous
Post 08/23/2021 15:18     Subject: VA Revolution has purchased Evergreen Sportsplex

Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Absolutely shocked that it's only valued at 4-5 million.


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.


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


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


Irrigation and irrigation maintenance, constant mowing, fall and spring treatments, line painting, fragile in weather.
Anonymous
Post 08/23/2021 15:06     Subject: VA Revolution has purchased Evergreen Sportsplex

Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Absolutely shocked that it's only valued at 4-5 million.


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.


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


it all requires upkeep. The question is how much revenue does it really generate vs just a regular field with lights
Anonymous
Post 08/23/2021 15:06     Subject: VA Revolution has purchased Evergreen Sportsplex

Anonymous wrote:PWC is not just down the road at all.


NO, but Long Park is just down the road, which is why it was mentioned. It is unlikely but they are county fields, neither VSA or VDA own them so it isn't impossible either.
Anonymous
Post 08/23/2021 15:05     Subject: VA Revolution has purchased Evergreen Sportsplex

Anonymous wrote:PWC is not just down the road at all.


Right, it’s about 25 mins to get into PWC from Evergreen.
Anonymous
Post 08/23/2021 15:04     Subject: VA Revolution has purchased Evergreen Sportsplex

Catharpin Park is another set of fields in PWC near Loudoun County. Those are brand new grass fields.