TTP Community - View Single Post - BC Place Retractable Roof

Dude · 04-22-2008, 04:10 PM

If I am the MLS and evaluating the best Candidate, Kerfoot is at the very top.

Assuming MLS sets a franchise fee, it comes down to the business model. The Caps already have the model in place and have shown they are committed to the game and community long term. Everything from the residency program, to the women's team, to the development of the brand name. It is all right there now.

When you are looking at investing in a business, you want the most bang for the buck. Let's say you want to be in the pub business. What represents the lower risk: finding a location, applying for a liquor license, renovating a shell from scratch, hiring the staff, and building a clientele from scratch

Or…

Find the mom and pop neighborhood pub. The sellers are looking to retire, or move into a different line of business. They own their own building, liquor license, furnishings, have staff in place, has several years of steady if unspectacular profit under his belt, and an established clientele?

Easy- you take option B, and you build on it. It is the safest and fastest route to success.

Kerfoot has put himself in a position where he is easily the best option in town- and I don’t care who the other suitor is. If you’re the MLS, you want LONG TERM SUSTAINABILITY with growth potential. The Whitecaps are that model. A true expansion franchise would require years and years of growth just to get to the point the Caps are now. Not to mention all the community bad will the new MLS franchise would inherit if they came into town and put the Caps out of business.

Best bet is to have Kerfoot in place as the MLS Franchise owner, and he in turn lease the new BC place short term while (hopefully) the Whitecap’s stadium gets built. That, or get into bed w/ the government, and refurbish the grandstands for 35,000 seats, and get them close to the pitch.

Dreams, dreams….

04-22-2008, 04:10 PM	#5 (permalink)
Dude Member Joined: Jul 2001 Location: Where my kids are Posts: 8,240 TTP Friends: (3)	Re: BC Place Retractable Roof - MLS Possible? If I am the MLS and evaluating the best Candidate, Kerfoot is at the very top. Assuming MLS sets a franchise fee, it comes down to the business model. The Caps already have the model in place and have shown they are committed to the game and community long term. Everything from the residency program, to the women's team, to the development of the brand name. It is all right there now. When you are looking at investing in a business, you want the most bang for the buck. Let's say you want to be in the pub business. What represents the lower risk: finding a location, applying for a liquor license, renovating a shell from scratch, hiring the staff, and building a clientele from scratch Or… Find the mom and pop neighborhood pub. The sellers are looking to retire, or move into a different line of business. They own their own building, liquor license, furnishings, have staff in place, has several years of steady if unspectacular profit under his belt, and an established clientele? Easy- you take option B, and you build on it. It is the safest and fastest route to success. Kerfoot has put himself in a position where he is easily the best option in town- and I don’t care who the other suitor is. If you’re the MLS, you want LONG TERM SUSTAINABILITY with growth potential. The Whitecaps are that model. A true expansion franchise would require years and years of growth just to get to the point the Caps are now. Not to mention all the community bad will the new MLS franchise would inherit if they came into town and put the Caps out of business. Best bet is to have Kerfoot in place as the MLS Franchise owner, and he in turn lease the new BC place short term while (hopefully) the Whitecap’s stadium gets built. That, or get into bed w/ the government, and refurbish the grandstands for 35,000 seats, and get them close to the pitch. Dreams, dreams….