Precourt says his investment is about enterprise value rather than cash flow – is in Columbus for the long term

Q: What potential returns do MLS teams offer as an alternative investment?

A: I’d be wary to forecast returns. The business is more about enterprise value appreciation than operating cash flow. It’s not a cash-flow positive business or a company that creates a lot of income.

I’m excited about the future of the Columbus Crew SC, and I’m excited about the future of MLS. I wouldn’t be here as a business person if I didn’t believe in the future. But it’s hard to quantify.

Q: So you’re here for the long haul?

A: Yes, we’re here for the very long haul.

Link to Source