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