When you cover the sports business beat, you hear a lot of jargon — discounted cash flows, enterprise values, revenue multiple — usually from people trying to convince you that the amount they paid for a team is the result of a mathematical equation. An alternative translation: stop asking stupid questions, the number is the
For 25 years, Denverites have waited and wondered what would become of the old Gates Rubber factory at the intersection of Broadway and Interstate 25 south of downtown. Beautiful but badly contaminated solid brick buildings were torn down with the promise of remediation and redevelopment that never materialized. Millions were spent on the cleanup of
The Athletic has appointed Chris Weatherspoon as its first dedicated football finance writer. Chris is a chartered accountant who will be using his professional acumen as The BookKeeper to explore the money behind the game. He is starting with a series this week analysing the financial health of some of the Premier League’s biggest clubs.