“Profitability is a function of what you spend, not necessarily of what you make. Our revenues are growing, but we are investing massive amounts of money in building the league. We are in an investment mode; it’s the best way to describe it.”
That came out of Q & A the Houston Chronicle ran with Major League Soccer (MLS) Commissioner, Don Garber, in this morning’s paper. Count it among the several items out today that (I’m enormously flattering myself, but…) follow-up on my shrill rant about MLS players being treated like rented mules. In a curious coincidence, a slew of articles out of New England describe the pitfalls facing MLS as it moves into what Garber calls, in the same interview, “the sort of second year of the relaunching of the league.”
Let me pause to chuckle. I’m just getting to a spot in Simon Schama’s excellent history of the French Revolution, Citizens, where the regular calendar gave way to the revolutionary. Ahem…tee hee hee….”year two.”
Getting back to the task at hand, that same piece saw Garber provide a kind of explanation of the logic behind MLS’s investment strategy: Continue reading
Filed under: labor issues, Major League Soccer, MLS | Tagged: Andy Dorman, Chris Albright, Pat Noonan | 5 Comments »