Bill Manning appointed TFC President

[bgnewf]

$20 million in payroll for MLSE is chump change. they are paying Nazim Kadri $27 million alone starting next season in his new contract for chrissake. Truly believe that TFC from a MLSE corporate perspective is looked at as a 'long play'. The Leafs are a 'mature' product with not much room for growth. The Raps are growing but they will probably need a championship to get to the next level. Remember the majority owners of MLSE, Rogers & Bell, are publicly traded entities who need to manage to the next quarter (andmanage to the stock price) but who also need to show analysts and investors that there is a plan for long term growth. TFC, and for that matter soccer, is a big part of that. Don't really believe that Manning was brought in to turn TFC into some small market club. TFC is big potatoes in MLS, but a relatively small expenditure for MLSE.

[Beach_Red]

$20 million in payroll for MLSE is chump change. they are paying Nazim Kadri $27 million alone starting next season in his new contract for chrissake. Truly believe that TFC from a MLSE corporate perspective is looked at as a 'long play'. The Leafs are a 'mature' product with not much room for growth. The Raps are growing but they will probably need a championship to get to the next level. Remember the majority owners of MLSE, Rogers & Bell, are publicly traded entities who need to manage to the next quarter (andmanage to the stock price) but who also need to show analysts and investors that there is a plan for long term growth. TFC, and for that matter soccer, is a big part of that. Don't really believe that Manning was brought in to turn TFC into some small market club. TFC is big potatoes in MLS, but a relatively small expenditure for MLSE.

Sure, and making TV shows for CTV is chump change for Bell, an entire season of "Motive" is less than a couple of Maple Leafs salaries but that's not the issue. They still never spend as much as a US show spends because the market is too small to make it profitable.

Sure, there must be a long term plan for long term growth for TFC. Do you think it's hitting the markers so far?

[Onyx]

$20 million in payroll for MLSE is chump change. they are paying Nazim Kadri $27 million alone starting next season in his new contract for chrissake. Truly believe that TFC from a MLSE corporate perspective is looked at as a 'long play'. The Leafs are a 'mature' product with not much room for growth. The Raps are growing but they will probably need a championship to get to the next level. Remember the majority owners of MLSE, Rogers & Bell, are publicly traded entities who need to manage to the next quarter (andmanage to the stock price) but who also need to show analysts and investors that there is a plan for long term growth. TFC, and for that matter soccer, is a big part of that. Don't really believe that Manning was brought in to turn TFC into some small market club. TFC is big potatoes in MLS, but a relatively small expenditure for MLSE.

MLSE is not a wholly-owned entity by either bell or Rogers, as such the profitability of MLSE goes into other income/loss not EBITDA. This means both companies are not as concerned about profitability at MLSE as there regular 100% owned businesses where every cent is important.

There is a nhl salary cap, the leafs spend basically the same on salaries whether they signed Kadri or not. Has no impact on the business. The Leafs are the the cash cow that pays for everyone at MLSE - BMO Field, seba, bradley, jozy, everything