- Aug 2, 2007
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I would say an investor would be looking at paying 5x current revenue, whatever that is?Considering the recent sales of professional sport organizations, this is not so nuts. The NFL's Buffalo Bills were just sold for $1.4billion. The NBA's Los Angeles Clippers, historically LA's "2nd rate" NBA franchise, was just sold for $2 billion. And the MLB's LA Dodgers was sold for $2 billion anout 2 or 3 years ago(probably would have gone for $3 billion today).
Given those sports dont have the global appeal of soccer, $1.62 billion(£1 billion) does not sound that nuts at all.