It looks like E-Land is leading a consortium looking to rescue the LA Dodgers from the McCourts.
At this point I would take KJU over anyone but the McCourts, but that’s only because I like baseball, not the Doggers.
Investing in washed-up Western consumer brands ? CHECK
Acquiring a stake in an unpresentable financial institution ? CHECK
Now scooping up money-loosing sport “assets” ? Christ please don’t tell me these are all indicators of an unfolding trend seeing Korea joining the ranks of the “rich and dumb” nations, up there with Qatar, Saudi, Kuwait and the rest of the gas tank loan sharks.
You guys can and must do better than that
Now scooping up money-losing sport “assets”?
Well, they might try it just once, as a novelty.
Who knows? Maybe the founder of E-Land dreamed of one day owning a Major League team, when he was starting out as a poor young man.
YangachiBastardo, is your major complaint here that the Dodgers are currently losing money? That condition occurs with some frquency in professional sports, no? Michael Lewis’ ‘Moneyball’ (2003) is a fun read about how an unprofitable club on a losing streak was reorganized and revitalized through good decision-making. Additionally, there’s still value in the marketability of the Dodgers logo, and not only domestically. Looking at it from my armchair, I couldn’t say if E-Land might be able to make it work, but if they did, it certainly wouldn’t be the first time a ball club has made a comeback.
The Dodgers are a cash cow. It was McCourt’s personal ATM machine and he treated it as such, which is why it went bankrupt.
Properly managed, the Dodgers will be a money maker again.
If this E-Land sale happens expect Korean sports management culture or Korean Baseball Organization practices to spread west.
E-Land’s Top Five or first moves…
1. Lower player salaries
2. Plant Korean flag on pitchers mound(as done during 2006 WBC)…
3. Have rookie seminars…
Where rookies could be found dead, Korean police “suspect the player had fallen down a flight of stairs while drunk at 9 A.M.”
4. Discriminate openly against players…
5. E-Land, with KBO show how S. Korean fans discriminate via Youtube against black players…
Who is that black baseball player who played in S. Korea’s KBO years ago and had things thrown at him by S. Korean baseball fans because he did good/hit a homerun, Youtube link?
6 hours ago
Seoul Ed Superintendent likely expelled http://t.co/TC0uzypEST
17 hours ago
Photo: Snack time in Bukchon Hanok Village, Seoul. http://t.co/MFxdM9o3GJ
18 hours ago
Snack time in Bukchon. #Korea #Seoul #bukchon #travel #visitseoul @ Bukchon Hanok Village https://t.co/fRzYNHzbiF
23 hours ago
Yep, this was bound to happen. http://t.co/4tt64Xcyg8
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