Tuesday, March 13, 2007

Red Bull lost $14 million last season...

How bad was Red Bull's first season as owners of the former MetroStars? According to the North Jersey Herald, the Red Bulls lost $14 million last year.

WOW!

The article is a stinging testament to how Red Bull mismanaged the business side of the team. Losing sponsors, not marketing or advertising for games! That's just terrible and you would think the league might have something to say about that.

I think the Red Bulls soccer team is actually improved with hiring Arena and signing some new players this offseason. Hopefully New York can finally have a team that deserves support and in a free will fill their new stadium. Plus as a United fan, it would great to finally get some competition from that town up North.

No comments: