Financial Flexibility- What are the facts?
Posted: Fri Sep 02, 2016 7:22 pm
1215030B0512555920070D01090C4E030F0D600 wrote: Quail - really good work, thank you. Of course I'm sure the FO would say your #s have no basis in reality and that makes any debate more difficult, some might say any debate is moot. But I'm guessing there is some truth in Forbes work. So...
I'm not sure you can use KC as a comparison in the way you did. Not surprisingly the Royals value sky-rocketed after the WS. They may not experience any material growth this year.
A better comparison, it seems to me, is the 2014-2015 Royals verses 2014-2015 Pirates. 2014, the Pirates would have a much larger value compared to the Royals and I'm going to guess revenue and operating income much closer to, and very possibly greater than, the Royals.
In other words, 2014-2015 the Royals made an investment into the team that would appear to be an outlier compared to their historic financials.
If I'm right, why and how did the Royals outspend the Pirates in 2015?
Also, why is the pirate debt so large??
Boy howdy Va, those are great questions! I hope someone here might have some answers.
I'm not sure you can use KC as a comparison in the way you did. Not surprisingly the Royals value sky-rocketed after the WS. They may not experience any material growth this year.
A better comparison, it seems to me, is the 2014-2015 Royals verses 2014-2015 Pirates. 2014, the Pirates would have a much larger value compared to the Royals and I'm going to guess revenue and operating income much closer to, and very possibly greater than, the Royals.
In other words, 2014-2015 the Royals made an investment into the team that would appear to be an outlier compared to their historic financials.
If I'm right, why and how did the Royals outspend the Pirates in 2015?
Also, why is the pirate debt so large??
Boy howdy Va, those are great questions! I hope someone here might have some answers.