Bob FraserCFO & Macro Strategist | Data-Driven Investing Expert | Speaker & Author

For any sport to grow, there has to be investment | Justin Papadakis of United Soccer League

Name: For any sport to grow, there has to be investment | Justin Papadakis of United Soccer League
Uploaded: 2022-09-11T15:00:36+00:00
Duration: 35 s
Channel: Bob Fraser
Description: In this brief segment, Justin Papadakis of the United Soccer League explains that a sport’s expansion hinges on investment, which itself depends on a…

11 Sept 2022 · 1 min

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In this brief segment, Justin Papadakis of the United Soccer League explains that a sport’s expansion hinges on investment, which itself depends on a clear return profile. He notes that growing fan interest is now converting into investor interest, and that the league has begun to demonstrate consistent and outsized financial returns. This proof of return has helped cross the “chasm” to attract more capital, creating a virtuous cycle that benefits both the sport’s development and its fans.

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The exciting part is we have fan interest, which is translating into investor interest and investor return. So there's, as a sport, for any sport to grow, there has to be investment. And for there to be investment, there has to be the return profile. And so we've kind of crossed that chasm of, you know, showing consistent returns and, and outsized returns, that's leading to more and more investment, uh, which is great for the sport and great for the fans.