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I think the ability for clubs to become publicly traded is just a continuation of what has already happened in Europe. I want to say at least one team in every one of the "big" leagues is available for trading on their domestic stock exchange if not elsewhere. Capitalism!
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Dec 9, 2021 00:58
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Gigi Galli posted:I think the ability for clubs to become publicly traded is just a continuation of what has already happened in Europe. I want to say at least one team in every one of the "big" leagues is available for trading on their domestic stock exchange if not elsewhere. Capitalism!
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Dec 9, 2021 02:14
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In Brazil, most of the teams already will have a company or set of "investors" that are politically strong. Being able to "own" over 50% of a club would just make their life "easier." Because these clubs in Brazil are frequently also literal clubs, with recreating areas, swimming pools, etc. And so there are a set of members who vote based on that rather than the football part. So now the people putting in the money want the possibility of owning clubs outright. So Atletico Mineiro, for example, is deeply associated with the biggest construction firm in Brazil, MRV, who are building a stadium for Atletico. If Atletico ever went on "sale" they obviously would be the first ones to bid. Palmeiras is the same wih Crefisa, a payday loan company. Flamengo probably wouldn't go on sale, because so much of their money comes from political venues (their biggest sponsor of the Bank of the Federal District). The remarkable thing about cruzeiro is not that they've done it. Is that they've done it without literally anyone lining up before hand. It is up for sale without a single buyer having demonstrated interested. But they are so desperate that there's not much of an alternative.
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Dec 9, 2021 02:16
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As if Brazilian soccer needed any more of a divide between RJ/SP teams and everyone else trying to compete with half as much money. Then again Brazilian clubs are really good at doing terrible even when they have money in hand, see Gremio this year and even Cruzeiro although their thing was more "spending too much for a couple of trophies".
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Dec 9, 2021 02:35
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Crazy Ted posted:Wasn't Manchester United fully a PLC until the Glazers snapped up enough shares to take them back private? They’re still traded on NYSE
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Dec 9, 2021 02:55
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Dias posted:…see Gremio this year… Karmatic balance for 2016? Tough break Dias. They got closer to escape than I would’ve thought
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Dec 10, 2021 03:50
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Redczar posted:Karmatic balance for 2016? Tough break Dias. They got closer to escape than I wouldve thought Eh, this one barely stings, it's more impressive than anything else considering we had both a decent team on paper and pretty healthy finances too, really...and somehow we managed to never leave the relegation zone from week 2. Goes to show there's nothing lovely Brazilian management can't gently caress up, really.
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Dec 10, 2021 04:48
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Yeah, the crazy thing is that in terms of payroll Gremio was essentially tied with Atletico, and if you had asked me who was going to have a better season between Hulk and Douglas Costa, I would have bet on the latter.
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Dec 10, 2021 07:12
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trem_two posted:They’re still traded on NYSE Those are non-voting shares too. I don't get the appeal.
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Dec 10, 2021 20:55
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Eric Cantonese posted:Those are non-voting shares too. I don't get the appeal. I OWN PART OF A LEGENDARY TEAM!!!!!!!!!!
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Dec 10, 2021 21:00
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joepinetree posted:Yeah, the crazy thing is that in terms of payroll Gremio was essentially tied with Atletico, and if you had asked me who was going to have a better season between Hulk and Douglas Costa, I would have bet on the latter. The board left Renato Portaluppi in charge of everything, clearly his dudes didn't get along with the young prospects and when he left it was too late to fix the locker room situation in time to avoid relegation. Also, Duda Kroeff came back, the useless gently caress.
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Dec 10, 2021 21:10
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Fat Ronaldo is the Cruzeiro buyer. I believe he also owns real Valladolid?
joepinetree fucked around with this message at 17:42 on Dec 18, 2021 |
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Dec 18, 2021 17:27
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Looks like Turco Mohamed is the new head coach at Atletico. Any of our Liga MX posters still active in this forum? Any opinions?
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Jan 13, 2022 03:07
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Reviving this thread to post that the thing that we had discussed a few years ago, but the parity in Brazilian soccer being destroyed, is becoming true https://www.uol.com.br/esporte/fute...o-no-top-50.htm I know it's in Portuguese, but it has a world ranking of most expensive team payrolls in the world, converted to the Brazilian currency. Atletico Mineiro won the Brasileirao last year and Palmeiras won the libertadores the last 2 based on teams that a billionaire investor assembled, but even they can't keep up with Flamengo spending now. The Flamengo payroll this year is almost twice as large as the 2nd most expensive team (467 million to 260 million reais). So for the first time in history it is quite possible that the same team will win all national and international competitions on the same year. On Libertadores, Flamengo won the away game yesterday against Velez 4-0. In the Brazilian cup semi-final, they won the away game against Sao Paulo 3-1. And while flamengo had a slow start of the year, the summer transfer window allowed them to spend so much that even their reserves are getting close to winning it. Flamengo was at one point 13 points behind Palmeiras, and has now closed the gap to 7, winning 10 of the last 12 despite playing with reserves most of the time. Meanwhile, the Palmeiras team that this season is their main competition is disintegrating in plain sight because they have to play with their main team in every competition just to keep up.
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Sep 1, 2022 18:23
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Cruzeiro is finally back in Série A
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Sep 22, 2022 02:58
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Raising this from the dead: Boca making it to the libertadores final without winning a single game in the knock out stages because their goal keeper has saved 12 out of 23 pks.
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Oct 6, 2023 03:50
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RIP Santos, lmao Botafogo
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Dec 7, 2023 15:00
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