THE BUSINESS OF SOCCER

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Sons of Pitches

SILVER ELITE
All of these 501c3 organizations, with all of this cash that they do not appear to be investing in the players who have helped them accumulate the cash -

US Soccer with $100+ Million

https://www.starsandstripesfc.com/2017/5/18/15639840/us-soccer-100-million-a-long-time-in-the-making

Cal South with over $2,500,000 in investments? To what end?

http://media.calsouth.com/data/Down...aliforniaStateSoccerAssociation-.pdf?rev=CE6F

Invest in the players, not they financial markets.
 
Several of the bigger clubs, affiliates, or franchises are doing the same things, $million$ in surpluses "invested" to balance the books and not show "profits".

Investment bankers on the board or friends with benefits is the new normal in the Shell games of "non profit" youth sports orgs
 
And then they hold money making tournaments that are considered "fundraisers". Which are then staffed with mandatory " volunteers" from parents of players.
 
jpeter said:
Several of the bigger clubs, affiliates, or franchises are doing the same things, $million$ in surpluses "invested" to balance the books and not show "profits".

Investment bankers on the board or friends with benefits is the new normal in the Shell games of "non profit" youth sports orgs
Click to expand...

Which clubs?
 
Sons of Pitches said:
All of these 501c3 organizations, with all of this cash that they do not appear to be investing in the players who have helped them accumulate the cash -

US Soccer with $100+ Million

https://www.starsandstripesfc.com/2017/5/18/15639840/us-soccer-100-million-a-long-time-in-the-making

Cal South with over $2,500,000 in investments? To what end?

http://media.calsouth.com/data/Down...aliforniaStateSoccerAssociation-.pdf?rev=CE6F

Invest in the players, not they financial markets.
Click to expand...

That's about 25% of annual cash flow. Looks like a prudent buffer.
 
Referee "assignors" or league owners that do the same thing in adult leagues, by taxing the poor old middle man and making a few extra bucks off them.

Dont feel sorry for pricks like them, if you feel their withholding money that is yours or that can be invested than be sure to alert the tax man. Pretty easy to do so and anonymously
 
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