His model is buying into, or setting up from scratch (Auckland & Las Vegas NHL team) sports teams. Presumably being the successful businessman he is, he wants them being profitable as soon as possible. As AP mentions, Nic Becker has been quoted as saying the goal is Auckland to be break even in the next few years.
Foley is now buying into a Portguese club, to add to his football stable.
How the planned Western Springs expense fits into that I don't know. But maybe that will mostly be a Mowbray/Zuru investment.
But yeah don't see the Texan throwing a few hundred mill at the APL. Why would he. He's probably a bit grumpy to pay his $22M licence fee and then receive a paltry $550K disbursement. He would have been informed of the APL's wasteful spending on Keep Up and such. Why would he give the incompetents more of his cash to blow.
The A Leagues should hopefully survive. The next TV rights deal will be improved. All the viewing metrics are apparently up, and the previous deal was struck in the dark Covid days.
But if the ALM/ALW has to exist on oily rag type conditions for the next 12 mths, then so it will be.
Foley is now buying into a Portguese club, to add to his football stable.
How the planned Western Springs expense fits into that I don't know. But maybe that will mostly be a Mowbray/Zuru investment.
But yeah don't see the Texan throwing a few hundred mill at the APL. Why would he. He's probably a bit grumpy to pay his $22M licence fee and then receive a paltry $550K disbursement. He would have been informed of the APL's wasteful spending on Keep Up and such. Why would he give the incompetents more of his cash to blow.
The A Leagues should hopefully survive. The next TV rights deal will be improved. All the viewing metrics are apparently up, and the previous deal was struck in the dark Covid days.
But if the ALM/ALW has to exist on oily rag type conditions for the next 12 mths, then so it will be.