Looks like Fisher is selling the Earthquakes to try to close the funding gap for the Vegas stadium. Idk if this will ultimately be enough (I hope not), but it definitely could close the gap by a bit given that the Earthquakes are valued around $600 mil.

Sell our fucking team, FJF!

27 comments

  2. Also it has to be hard running an MLS team when potentially 30-40% of your potential fans despise you for moving the A’s.

    FJF

  4. Congrats Quakes fans, the fishy taint is gonna be gone and you can finally field a bona fide club that can win!

  7. Guaranteed this is tied to lenders saying he can’t afford the stadium. 

  8. Bittersweet. Happy that this fuckface will get his reverse-midas hands off of a sports franchise he 100% made worse. Sad that this will probably net him 800-900m which closes a significant gap.

    If you zoom out though – what a loser. Couldn’t drum up enough cash through equity sales, because buyers knew he’s incompetent and actively makes things worse. At a time where sports franchises are absolutely soaring in valuations.

  9. I really hope this isn’t intended to be Vegas capital. Even if it is he’s still got a long way to go:

    NV: 360M

    G&S: 300M

    Aramark: 100M

    Quakes: 600M

    That’s still about .7B short.

  12. Lets still remember the construction costs are still going up as the days progress especially with this idiotic fool in the White House. According to Brodie Brazil, the Wynn is even delaying a $500 (i think) Million dollar renovation on their Las Vegas strip resort due to economy and costs. Especially with Tourism down in Vegas too.

    Many construction workers are made up of the Immigrant community, and many of them are being deported by ICE.

    Tariffs are making steel more expensive.

    Theres a lot of uncertainty in the economy right now.

    Fisher is still responsible for all cost overruns.

    Fisher selling his $600 Million dollar stake in the Earthquakes sure it may fill in a gap for the Vegas project (no pun intended) but there is still a lot of uncertainty. There’s a reason why no potential investors except Aramark (the concession company) have emerged. Us Oakland A’s fans know very well and first hand that Fisher is all words. He’s all talk but never puts his money where his mouth is. Remember Fremont? Remember the Coliseum site? Remember especially the Howard Terminal Site?

  14. His teams are always last or near last in payroll and in attendance and in the standings. Hmmmm that’s strange

  16. Fuck $600 million for a MLS is mind boggling.

    I think stubborn fish face might really be intent on flushing a billion down the toilet on the LV stadium now.

    Can he sell 600 million of GAP stock without tanking the company? Do the fishers have to keep X percentage as a family to keep control?

    FJF, hope he builds it and still gets marlins like revenue. Or runs of liquidity mid build and has to sell after an embarrassing stoppage of work.

    Should have sold to a local tech billionaire and saved face.

  17. After capital gains tax, this still leaves FJF over half a billion short of an (optimistic) $1.5 billion stadium.

    This also accounts for the money he stole from Vegas. HOPEFULLY this means he would eventually sell the A’s if everything fails

  19. Great news for the SJ Earthquakes. Now they have a chance to finally  an owner who wants to win again.

  20. Good! With the comments he made about PayPal park being an inadequate stadium, you know he’d eventually try to move them.

  23. I hope the only gap that closes is the one that Fisher’s wealth is tied to and he has to sell the team.

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