Essential The Official Football (Soccer) Thread - The Scriptures Prophesied the Messiah Plays 3-4-3

[Black Haven]

U.S. Soccer’s still raking in the dough

The United States Soccer Federation released financial results for the fiscal year ending March 31st, 2018, and business is still booming. Despite swallowing a World Cup embarrassment over that period, U.S. Soccer increased their unrestricted assets from $148 million to over $162 million. They added a net of just under $11 million from $123.6 million in revenue less $112.7 million in expenses, and added the rest from an unrealized gain on their investments.

The results close the books on the Sunil Gulati era, which was a period of tremendous financial growth for the Federation. Under Gulati’s leadership, the assets grew roughly 12% per year, from $42 million to the significant number it is today. There has been a fair amount of criticism thrown at this growing asset in the face of financially motivated, including:

• A failure to provide of clear public vision for the use of the funds;
• The disparity in pay between the men and the women’s national teams;
• A perceived lack of investment in the development of young players and coaches; and
• Rising ticket prices

New Federation President Carlos Cordeiro has begun to steer the ship in a moderately improved position, according to comments he made during the National Council Meeting on Saturday.

According to Cordeiro, the 2019 fiscal year, which will close at the end of March, will run at a $13 million deficit, eating into the $162 million. The Federation is already planning to operate at similar deficit throughout this coming year as well.

The 2019 deficit might be more a result of lost revenue from missing the World Cup than more investment. Cordeiro cited a $115 million budget in 2019, up only slightly from 2018, with a big increase to $136 million set for the coming year. Cordeiro mentioned coaching programs and a task force to improve youth development as a focus of the new investment.

U.S. Soccer has built a nice nest egg, but currently has over $100 million invested in stocks and bonds. While investment in soccer related activities appears to be increasing, the vision for using these funds to achieve the Federation’s mission remains a mystery to the public. The reality is this non-profit’s relationship with its balance sheet is far better than the one it has with its soccer community. The U.S. Soccer Federation should start turning all of this financial equity into brand equity for soccer by setting a clear public direction and backing it up with big financial risks to grow the game.

When you read stuff like this then you understand why many US supporters turn their back on the team. Capitalism runs our society so the current results aren't too surprising.

 

[FakeNews]

Reggae Boyz ballin

Zack Steffen looks worse than Joe Hart on the ball. Guess City might just be trying to flip him.

already loaned him to a Bundesliga squad

 

[FakeNews]

I was already feeling indifferent towards the USSF/USMNT, but seeing Cordeiro shucking and jiving with Trump was it for me

 

[mson]

Yeah that's basketball and American football.

Football very reliant on quickness, agility and being strong enough to resist injury after being tackled hard. Central defenders can usually last long, but strikers like Ronaldo, 31-32 is usually when you see a huge drop. But he's maintained his level, but he's had to change how he plays. He doesn't dribble past defenders as much anymore and now tries to poach most of his goals.

Either way he's doing very well. Him and Bernardo Silva make Portugal very threatening.

Basketball players rely on the same factors. I agree. He's doing quite well. I think he can play like this into his late 30s.

 

[FakeNews]

goalazo

 

[The ADD]

Played sloppy the whole time. That was just waiting to happen.

Quality goal though

 

[1970s HeRon Flow]

Let Jamaica score bangers on u Brehs

 

[Yayo Toure]

Gunman Shamar.

USA looks really shyt tonight

 

[FakeNews]

Gyau is still around?

 

[So UnThotful]

when I speak about the USSF and there bullshyt and they shyt the bed against Jamaica

Be rolling in dough and go cheap on the coach and expect better results

 

[Premeditated]

Neymar hurt again

it looks serious, he's a p*ssyhole but I hate seeing talent players in their prime career being wasted by injury

 

[TobiOT]

Neymar hurt again?

Might have to add him to the list of Brazilians peaking too early @THEREALBRAND

 

[FakeNews]

 

[THEREALBRAND]

[

Neymar hurt again?

Might have to add him to the list of Brazilians peaking too early @THEREALBRAND

It’s a bad night to be Neymar...

 

[Mané Swagincha]

Itll be the perfect rhetoric to sit him out for the Copa America based on injury after injury but actually its about all the bullshyt we have had to put up with