A lot of sports businesses are businesses - sports fans are willing to pay, and pay and pay to support their team. Few businesses have that kind of customer loyalty for life.
Investors from all over the world for example are buying European Soccer teams, and valuation of the company over time goes up.
I wonder what the Allen estate will do with the money?
Reopen the Living Computers Museum!
Billionaires and their toys
Is it?
A lot of sports businesses are businesses - sports fans are willing to pay, and pay and pay to support their team. Few businesses have that kind of customer loyalty for life.
Investors from all over the world for example are buying European Soccer teams, and valuation of the company over time goes up.