Author Topic: Columbus Crew Discussion  (Read 44161 times)

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Offline Columbo

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Re: Columbus Crew Discussion
« Reply #1560 on: April 09, 2018, 01:29:01 PM »
Columbus files motion to give investors more room to buy Crew SC

To give investors more time to try to purchase the Crew SC, Columbus City Attorney Zach Klein has asked for an official pause in the six-month period outlined in the "Art Model Law."  That's the provision, aka Ohio Revised Code Section 9.67, that the city and state are using to sue the team, MLS and Precourt Sports Ventures in an attempt to prevent the Crew from moving to Austin, Texas.

Klein filed his motion today with Franklin County Court of Common Pleas asking for an extension on the notice. ... “This will allow the City of Columbus to ensure that local investors in fact have the opportunity to purchase the team," he said. "We remain committed to doing everything we can to keep The Crew here in Columbus”, Klein said in a statement.

This is the latest move to keep the Crew SC in Columbus.  On Friday, Mayor Andrew Ginther sent a letter to Crew owner Anthony Precourt, asking him to open financial records to a group of potential Crew buyers in Columbus before going any further.

MORE: https://www.bizjournals.com/columbus/news/2018/04/09/columbus-files-motion-to-give-investors-more-room.html
#SaveTheCrew -- https://savethecrew.com/

Offline Columbo

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#SaveTheCrew -- https://savethecrew.com/

Offline Brutus_buckeye

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Re: Columbus Crew Discussion
« Reply #1562 on: April 09, 2018, 03:13:26 PM »
The thing is that even if a local group is found, there is nothing that can really compel PreCourt to sell the Crew to them. It may cost him more money and create some additional delays but bottom line is that he will ultimately have the right to move the team.

Offline Columbo

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Re: Columbus Crew Discussion
« Reply #1563 on: April 09, 2018, 03:22:38 PM »
The thing is that even if a local group is found, there is nothing that can really compel PreCourt to sell the Crew to them. It may cost him more money and create some additional delays but bottom line is that he will ultimately have the right to move the team.

We shall see.
#SaveTheCrew -- https://savethecrew.com/

Offline Brutus_buckeye

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Re: Columbus Crew Discussion
« Reply #1564 on: April 09, 2018, 03:28:28 PM »
Unless there was something in the contract that Precourt signed when he purchased the team, nothing would require him to sell to a local investor. It is a hail mary pass to try and frustrate and delay but if he is determined enough to get out of town with a team, he will ultimately prevail.

Offline Columbo

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Re: Columbus Crew Discussion
« Reply #1565 on: April 09, 2018, 03:32:25 PM »
Unless there was something in the contract that Precourt signed when he purchased the team, nothing would require him to sell to a local investor. It is a hail mary pass to try and frustrate and delay but if he is determined enough to get out of town with a team, he will ultimately prevail.

We shall see.
#SaveTheCrew -- https://savethecrew.com/

Offline MikeInCanton

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Re: Columbus Crew Discussion
« Reply #1566 on: April 09, 2018, 04:01:00 PM »
The thing that may force MLS to intervene with the move is the discovery portion of the lawsuit. I'm sure there is a lot of stuff they do not want out for everyone to see.

Offline Toddguy

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Re: Columbus Crew Discussion
« Reply #1567 on: April 10, 2018, 04:53:09 PM »
What is sad is that we have letters from the mayor and the SaveTheCrew movement, but where is the rest of our civic leadership? We are about to lose a civic institution(yes it does qualify) and where are the letters and protests from our various civic groups, and particularly, from our business "leadership"? Where is the letters from Huntington Bank, or Nationwide, or Wexner, etc? it seems we are lacking in the leadership department.

I miss Coleman.  At least Coleman would have put up much more of a fight-he would fight for the city. The business community just seems to languish in a self-absorbed stupor. Losing a major league team is NOT good for business.

JMHO. /rant

Offline Columbo

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Re: Columbus Crew Discussion
« Reply #1568 on: April 11, 2018, 01:20:46 PM »
What is sad is that we have letters from the mayor and the SaveTheCrew movement, but where is the rest of our civic leadership? We are about to lose a civic institution(yes it does qualify) and where are the letters and protests from our various civic groups, and particularly, from our business "leadership"? Where is the letters from Huntington Bank, or Nationwide, or Wexner, etc? it seems we are lacking in the leadership department.

I miss Coleman.  At least Coleman would have put up much more of a fight-he would fight for the city. The business community just seems to languish in a self-absorbed stupor. Losing a major league team is NOT good for business.

JMHO. /rant

You have to give the Ginther administration credit for getting the Ohio Attorney General plus Bricker & Eckler on a pro bono basis to take on the lawsuit side of this fight.  But it is true that Ginther is not the public advocate that Coleman was.

I wish we knew what was going behind the scenes with city leadership and the business community.  But I can't believe they won't give up the Crew without a fight.  All the tea leaf watching and rumors point to some kind of legitimate offer coming from Columbus to purchase the Crew.

If a legitimate offer does come from Columbus, it changes MLS' role in this.  Up to now, MLS/Garber could just sit on the sidelines and say "Well, Precourt tried to make it work in Columbus, but they just didn't support him" (even though there's plenty of evidence that Precourt vastly underfunded team operations and never even tried to get local corporate support).  If MLS would reject a legitimate offer from Columbus, it would become clear to everyone nationally that its not just Precourt but MLS/Garber that are forcing this move.

That could still happen, but it would require MLS & Garber to be the bad guy.  And its not clear that Garber wants to be that bad guy.  He's been ducking interviews where #SaveTheCrew questions would come up, and hedging his bets with "I'd prefer to keep the Crew in Columbus" statements in the few interviews he has taken.

Although this #SaveTheCrew battle is an uphill climb, it's not a hopeless cause.  In 2013, the relocation of the Sacramento Kings to Seattle was thought to be a "done deal".  The then-owners of the Kings wanted to sell to a group that would relocate the team to Seattle.  The Sacramento Mayor with the help of local business owners found a different ownership group that would keep the team in Sacramento.  Eventually the NBA owners voted to reject the sale to the Seattle group and forced a sale to the Sacramento group:  https://en.wikipedia.org/wiki/Failed_relocation_of_the_Sacramento_Kings

#SaveTheCrew is not an easy battle, but it's not over.
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Offline Toddguy

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Re: Columbus Crew Discussion
« Reply #1569 on: April 11, 2018, 04:21:27 PM »
^^ True there may be behind the scenes stuff with the business community that we are not aware of. If we can keep it I am really liking the idea of relocating it to Dodge Park.

Offline MikeInCanton

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Re: Columbus Crew Discussion
« Reply #1570 on: April 11, 2018, 09:18:46 PM »
The grapevine hints at an ownership group with a downtown stadium. Time will tell.

Offline SWOH

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Re: Columbus Crew Discussion
« Reply #1571 on: April 11, 2018, 11:30:54 PM »
What will it take for Precourt to sell and/or give in to keeping the Crew in Columbus in a stadium downtown?

Offline Toddguy

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Re: Columbus Crew Discussion
« Reply #1572 on: April 12, 2018, 10:50:20 AM »
What will it take for Precourt to sell and/or give in to keeping the Crew in Columbus in a stadium downtown?

Well the city landing Amazon's HQ2 would do the trick I think, but that isn't going to happen. And we can't all pool our money together and hire some criminals to give him the good beating he deserves (just joking here).

So besides that, I imagine keeping the heat on from all civic and business groups in the city, helping foment discontent about this among the opposition to the move in Austin (and San Antonio), and coming up with a concrete proposal to buy the crew and build a stadium, with the money for both laid out to show both Precourt and MLS, is all we can do.

Offline Brutus_buckeye

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Re: Columbus Crew Discussion
« Reply #1573 on: April 12, 2018, 11:17:33 AM »
What will it take for Precourt to sell and/or give in to keeping the Crew in Columbus in a stadium downtown?

Cant see him wanting to sell. He bought them with the long goal to pull them out of Columbus and move to Austin. It is not just an investment for him it is a personal thing. He loves Austin and calls it his second home. It could have been Columbus, KC, Orlando, Atlanta, Minnesota, it would not matter. He wants to own a team in Austin. THis is why I don't think he is selling.

Offline Columbo

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Re: Columbus Crew Discussion
« Reply #1574 on: April 12, 2018, 11:35:30 AM »
What will it take for Precourt to sell and/or give in to keeping the Crew in Columbus in a stadium downtown?

MLS forcing Precourt to sell to a local investor group.
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Offline Gordon Bombay

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Re: Columbus Crew Discussion
« Reply #1575 on: April 12, 2018, 11:43:56 AM »
What will it take for Precourt to sell and/or give in to keeping the Crew in Columbus in a stadium downtown?

MLS forcing Precourt to sell to a local investor group.

Been trying to follow #SaveTheCrew as best I can, but is there a local investor group truly interested that has the realistic funds?

Offline cbussoccer

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Re: Columbus Crew Discussion
« Reply #1576 on: April 12, 2018, 12:22:51 PM »
What will it take for Precourt to sell and/or give in to keeping the Crew in Columbus in a stadium downtown?

MLS forcing Precourt to sell to a local investor group.

Been trying to follow #SaveTheCrew as best I can, but is there a local investor group truly interested that has the realistic funds?

Yes. There is a group of local investors that are very serious about buying the team and reportedly have the funds to do so. They also apparently have some solid stadium plans that would more than likely blow anything Austin can offer out of the water.

Offline Columbo

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Re: Columbus Crew Discussion
« Reply #1577 on: April 12, 2018, 12:46:14 PM »
What will it take for Precourt to sell and/or give in to keeping the Crew in Columbus in a stadium downtown?

MLS forcing Precourt to sell to a local investor group.

Been trying to follow #SaveTheCrew as best I can, but is there a local investor group truly interested that has the realistic funds?

So far its just speculation based on the public moves that city leadership has done - but especially Monday's motion by the city attorney to delay the six-month 'Modell Law' window to allow 'local investors' time to look at PSV/MLS books to make a reasonable offer:  https://www.bizjournals.com/columbus/news/2018/04/09/columbus-files-motion-to-give-investors-more-room.html

Local leadership is playing their cards very close to the vest.  So no names have been released on these 'local investors'.  However, the most likely downtown stadium location is a prepped-and-ready 25 acre parcel west of the Arena District - much more about this at https://www.urbanohio.com/forum/index.php/topic,7699.msg824545.html#msg824545.  That parcel is owned by Nationwide under its Nationwide Realty Investors (NRI) affiliate.  Nationwide has a minority ownership stake in the Blue Jackets, and NRI helped the Clippers move into their new downtown ballpark.  So its not unreasonable to think that Nationwide might be one of the 'local investors' involved in buying the Crew.

BrewDog has publicly stated they would like to be an investor in the Crew.  Which sounds odd, but they've been building and investing a ton in Central Ohio lately and certainly don't lack for ambition.

Plus, when the Precourt relocation news came out last year, the head of the Columbus Partnership - civic group that includes the leaders of 50 leading organizations in Central Ohio - announced they had made multiple offers to Precourt before his announcement (ranging from bringing in minority local investors to buying a 50 percent stake in the Crew to buying the Crew outright from PSV).

So, unless this is just a massive bluff on the side of local leadership - and to believe that you'd have to believe that the Ohio Attorney General and Brickler & Eckler (one of the most prestigious Columbus law firms) would also participate in this bluff - there's no question that some local ownership that has realistic funds could be put together to purchase to Crew.

Brutus Buckeye is right that the key is Precourt's willingness to sell the team to local investors.  Thus far, Precourt has not been willing to sell.  Will that willingness change in the future?  We shall see.
#SaveTheCrew -- https://savethecrew.com/

Offline Columbo

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Re: Columbus Crew Discussion
« Reply #1578 on: April 14, 2018, 01:10:38 PM »
https://www.massivereport.com/2018/4/13/17233660/psv-and-mls-will-move-to-dismiss-lawsuit-filed-by-ag-dewine-columbus-crew-sc-mls-2018

An unsurprising move by PSV/MLS to dismiss the "Modell Law" lawsuit next week.  This looks like the first of many legal back-and-forth moves on the #SaveTheCrew front.  A lawyer who writes for Massive Report did an interesting analysis at link above.

As for this motion to dismiss, if the April 19 motion to dismiss is granted, PSV/MLS would be free from having to worry about the "Modell Law".  However, that would not stop the City/State from appealing the decision to a higher court.  If the April 19 motion fails, the case would continue with both parties filing motions for summary judgment, which argues that the case should be decided based on the merits of the case without going to trial.
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Offline Columbo

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Re: Columbus Crew Discussion
« Reply #1579 on: April 14, 2018, 01:11:06 PM »
As for on-the-field Crew news, Columbus will be playing another NHL/MLS Derby when they face DC United tonight (the CBJ are facing the Caps in the NHL Playoffs).  The Crew are looking to stop their first losing streak of the 2018 season, while DC is looking for their first win of the 2018 season.

Tonight's game won't be in RFK - DC's long-time home - or in DC's brand new Audi Field - which is still under construction.  Instead, DC has been cobbling together some alternate home venues until their new stadium is ready in July.  Last month they hosted a game in something called the Maryland Soccerplex, a 5,000-seat venue located 40 miles north of DC.  Tonight's game is at the Navy-Marines Corps Memorial Stadium, a 34,000-seat stadium in Annapolis.

This game will feature both artificial turf and a narrower-than-standard playing field.  Because MLS!
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Offline Columbo

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Re: Columbus Crew Discussion
« Reply #1580 on: April 15, 2018, 02:56:00 PM »
GAME #7:  https://matchcenter.mlssoccer.com/matchcenter/2018-04-14-dc-united-vs-columbus-crew-sc/recap

The Crew dropped their third straight MLS game last night at DC (Annapolis) in a game that felt alot like last week's loss at Chicago.

DC struck very early with a goal only 44 seconds into the match(!) - on a fine interplay and finish.  This turned out to be DC's only shot-on-goal for the entire game!

Santos nearly tied it up for the Crew in first half stoppage time on a free-kick that hit the crossbar.  Then, early in the second half at 53', a DC defender was given a straight red-card for a dangerous tackle and DC would play the remaining 40 minutes down a man.

So it became "park the bus" time for DC as the Crew tried and tried for an equalizer with the man advantage.  Columbus did have a few near-goals.  In the 61st minute, a diving Santos header was saved by the DC keeper (and former Crew keeper) Steve Clark.  In the 66th minute a Zardes header was barely saved by Clark and looked like it may have barely eked over the goal-line (it also might not have but only specialized goal-line technology would have known for sure).

But ultimately, the Crew won every game stat (shots 24 to 5; possession 69% to 31%) except for the most important one - the final score (1-0).
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Offline Toddguy

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Re: Columbus Crew Discussion
« Reply #1581 on: April 16, 2018, 09:37:10 PM »
https://www.massivereport.com/2018/4/13/17233660/psv-and-mls-will-move-to-dismiss-lawsuit-filed-by-ag-dewine-columbus-crew-sc-mls-2018

An unsurprising move by PSV/MLS to dismiss the "Modell Law" lawsuit next week.  This looks like the first of many legal back-and-forth moves on the #SaveTheCrew front.  A lawyer who writes for Massive Report did an interesting analysis at link above.

As for this motion to dismiss, if the April 19 motion to dismiss is granted, PSV/MLS would be free from having to worry about the "Modell Law".  However, that would not stop the City/State from appealing the decision to a higher court.  If the April 19 motion fails, the case would continue with both parties filing motions for summary judgment, which argues that the case should be decided based on the merits of the case without going to trial.

The city and the state should do whatever they possibly can to block the move, including appealing any motion to dismiss.

Offline MikeInCanton

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Re: Columbus Crew Discussion
« Reply #1582 on: April 16, 2018, 10:08:07 PM »
I don't think there's any chance it's dismissed.

I can't stop thinking about how hilarious it would be if after all of this PSV has to sell to local ownership and MLS ends up with 2 teams within 2.5 hours of Columbus.

Offline ColDayMan

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Re: Columbus Crew Discussion
« Reply #1583 on: April 17, 2018, 12:06:58 AM »
Crew SC owners prepared to open books to 'bona fide' potential buyers

Potential buyers apparently will get the chance to look at Columbus Crew SC's financial records, but that doesn't mean Central Ohio soccer fans will get to find out how the team's doing.

According to email correspondence between Marc Kessler, attorney for Major League Soccer, and Ohio Attorney General Mike DeWine's office, Precourt Sports Ventures is "prepared to provide pertinent information to bona fide offerors, subject to an appropriate non-disclosure agreement."

The email chain, filed with Franklin County Court of Common Pleas on Friday, was in response to a letter Columbus Mayor Andrew Ginther sent to Crew SC majority owner Anthony Precourt. Ginther said that Columbus Partnership CEO Alex Fischer "has been in contact with prospective purchasers who have the necessary bona fides to operate an MLS franchise and are able to make a reasonable offer to purchase the team."

More below:
https://www.bizjournals.com/columbus/news/2018/04/16/crew-sc-owners-prepared-to-open-books-to-bona-fide.html
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Offline Toddguy

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Re: Columbus Crew Discussion
« Reply #1584 on: April 17, 2018, 10:02:40 PM »
I don't think there's any chance it's dismissed.

I can't stop thinking about how hilarious it would be if after all of this PSV has to sell to local ownership and MLS ends up with 2 teams within 2.5 hours of Columbus.

What would be the other one?

Offline MikeInCanton

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Re: Columbus Crew Discussion
« Reply #1585 on: April 17, 2018, 10:23:35 PM »
FC Cincy

Offline Brutus_buckeye

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Re: Columbus Crew Discussion
« Reply #1586 on: April 17, 2018, 10:49:29 PM »
Given the requirements that is being asked of expansion candidates, it appears that in order to be a qualified buyer has to be a billionaire. From a local standpoint that would leave 2 options Wexner and maybe one or two others. If they are not interested, I don't think there is a viable local owner and the whole thing unravels and he goes to Austin anyway. They don't seem interested in a group of multimillionaires, they want to have at least one billionaire backer it seems.

Offline MikeInCanton

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Re: Columbus Crew Discussion
« Reply #1587 on: April 17, 2018, 11:37:05 PM »
Given the lawsuit, they'd have to provide some pretty solid evidence for why that's the case and why a group of multi-millionaires does not = 1 billionaire.

Offline Brutus_buckeye

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Re: Columbus Crew Discussion
« Reply #1588 on: April 18, 2018, 12:15:17 AM »
I think Sacramento's issue with the whole expansion process is pretty good evidence. They need to find their own billionaire owner to get a team.

Also, same with Beckham and Miami's team. that is part of the reason it took so long to get off the ground, they brought in a billionaire at the end to get it over the top.

Detroit, Cincinnati, Nashville all have billionaires on their bids too.

It is becoming pretty evident that this is a necessity for MLS ownership or new ownership to be admitted to the club.

Offline Columbo

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Re: Columbus Crew Discussion
« Reply #1589 on: April 20, 2018, 01:17:46 PM »
Crew SC | Major League Soccer officials have met with potential local investors
By Andrew Erickson, The Columbus Dispatch
Posted: April 19, 2018 at 5:26 PM


Major League Soccer officials, including deputy commissioner Mark Abbott, were in Columbus last month to meet with Columbus Partnership CEO Alex Fischer and potential local investors for Columbus Crew SC, Abbott and Fischer told The Dispatch on Thursday.

The meeting also included a review of potential local stadium sites for the team, which has played at Mapfre Stadium on the state fairgrounds since 1999.  Fischer and Abbott declined to name the investors or identify the stadium sites.  “It was a productive meeting,” Abbott said.

Fischer and Abbott did not elaborate on next steps between the league, Columbus officials and potential Crew investors.

MORE: http://www.dispatch.com/sports/20180419/crew-sc--major-league-soccer-officials-have-met-with-potential-local-investors
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