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Makes me wonder if we could somehow crowdfund an NFL competitor where every team was owned by the fans. Probably not feasible, but I find the idea romantic.
by aalleavitch 8y ago
Makes me wonder if we could somehow crowdfund an NFL competitor where every team was owned by the fans. Probably not feasible, but I find the idea romantic.
- lgregg 8y agoIt could work, but you would need a big initial buy-in to get it off the ground. You'd likely need at least 6-8 teams initially and venues for them to play since the NFL has banned it. I could see this working well at a minor league level because the players wouldn't really be sacrificing much, I think, but I'm not certain. You'd also have to figure out the costs for gear, staff, and etc. You'd also have to figure out logistics for management, I imagine a trust would be the best middle ground. My best friend is from Cork City in Ireland, Cork FC is fan-owned which runs out of a trust. [0] https://en.wikipedia.org/wiki/FORAS_(football_supporters%27_trust) https://en.wikipedia.org/wiki/FORAS_(football_supporters%27_... Side-bar: I am curious if MLS has banned fan-ownership. Edit: Unsure, seems like 4th Tier league allows fan-ownership. [1] https://en.wikipedia.org/wiki/List_of_fan-owned_sports_teams#United_States https://en.wikipedia.org/wiki/List_of_fan-owned_sports_teams... Second Edit: Reading [2], it seems like it'd be possible to have a European fan-ownership structure except that the team would own shares from MLS to have the team rights. [2] https://en.wikipedia.org/wiki/Major_League_Soccer_owners https://en.wikipedia.org/wiki/Major_League_Soccer_owners
- geodel 8y agoI think market value of NFL teams in aggregate is about $60 billion. Anything which come close to that number looks big, bad, serious business to me, quite opposite of romantic.
- retbull 8y agoI believe it would be much smaller initially. Later the larger organization would be worth a crazy amount but hopefully not end up in a world of corruption. :/ You might be able to do something like this with eSports teams or streamers.