The world's 5 richest people combined own 0 sports teams
Sports teams are trophy/vanity assets bought and held for purposes other than optimizing costs & profit. They are quite different from 'standard' businesses meant to print money. This is why sports teams owned by private equity firms are bound to be frustrating investments for both the owner and the fan.
pretty sure nobody would wish for Musk to buy their team
>>154036738how many satanist pedo islands do they own collectively?
>>154037171I'm sure there's at lease some current owners who are throwing their money into their shitty, bottomless pit team and still hated by the fans for it, that would love to exchange that headache for hundreds of millions of Musk's dollars.
>>154036738The world’s richest person off-paper is the king of Saudi Arabia, and he owns Newcastle United
>>154037570What do you mean off paper?
>>154037748Not all of his fortune is under his name. Per google, the saudi royal family is worth 1.4 trillion USD
>>154037570Still think it's Vladmir Putin
>>154036738only knew bezos and musk dont know the other 3
>>154039294Google and Oracle; they're /g/ techbros.
>>154037261fuck off antisemite scum
>>154037748saudi royals make everyone else look like a joke
Donald Sterling was the best owner
Who the fuck goes around begging for billionaires to put their claws in their sport? Dumb faggot
>>154036738Is that bad?
>>154037570what about the rothchilds
Buying sports team is for low tier billionaires mostly.People who don't have what it takes to be the top but still want to flex.
>>154039294See>>154039780
>>154036738Brin could at least put up big numbers supporting the Maryland Terrapins, especially since Kevin Planck seems to be the only other big donor the Terps have. He wouldn't even need to own a team and still make a sports impact
>>154041395If you get me a green card I'll go support them Anon
>>154041413All you need is a spare $5 million for the gold card
>>154041020Saudis quite literally are the biggest jokes on the planet. Perverted, lame, bland, stupid and timid. Arabs are an incredibly cringe race and the Saudis are the most Arab of all Arabs. And the best part: they know it. Thats why they are always seething
>>154037080Traditional you would be right, but now with private equity it is changing. They realized they can make a massive profit ripping off the fans. Look at the Dodgers, that's going to be coming to your local team. Strip the team of all its SOVL, raise ticket prices to insane amounts and try to buy every player you can possible. The Clippers are being ran the same way. The Lakers just raised their ticket prices 40% for next season by the new private equity owner (same guy as the Dodgers). They're all in it now to make money and use the team to money launder for skirting taxes
