Major League Football update

Fran
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Post by Fran » Thu Jul 09, 2015 5:42 pm


LordBy2014
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Post by LordBy2014 » Thu Jul 09, 2015 8:05 pm

Already taken down - previous link . . .

Never mind - found pictures on their Twitter page . . . the Green one is unique
Last edited by LordBy2014 on Thu Jul 09, 2015 8:08 pm, edited 1 time in total.
Reason: updated info

Fran
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Post by Fran » Fri Jul 10, 2015 1:18 pm

Here is an article about the office.

No shock the stock price has gone down from 51 cents to 35 cents. I guess none of the facebook fans have purchased stock.

http://www.bradenton.com/2015/07/10/588 ... front.html

Nick Athan, a media relations consultant for MLFB, said the league's new corporate headquarters will likely be fully staffed within the next few months.

MLFB has not yet announced in which U.S. cities it will establish teams. Unlike the National Football League, MLFB will own all its teams. Teams will play 12 games per year. Including playoffs, the spring league will field 65 gridiron matchups every year.

The league's shares were trading on the New York Stock Exchange at 35 cents each on Thursday. That's down from 51 cents in early June.

Read more here: http://www.bradenton.com/2015/07/10/588 ... rylink=cpy

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Sam Hill
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Post by Sam Hill » Fri Jul 10, 2015 1:28 pm

MLFB has signed a multi-year lease for its offices. Over the next few months, about 50 league employees are expected to move to the Bradenton-Sarasota area. Some, like Murtha, have already leased or purchased area housing.
FIFTY?

This league is going to have FIFTY EMPLOYEES?

I wonder if any of them will be guys who studied baking and pastry at community college.
Old enough to remember when bashing the ABA was fun.

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preeths
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Post by preeths » Fri Jul 10, 2015 1:51 pm

Which begs the question...why do you hate alternative pro football?

Fran
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Post by Fran » Mon Jul 13, 2015 1:26 pm


dmbishop
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Post by dmbishop » Mon Jul 13, 2015 1:50 pm

http://www.loopnet.com/Listing/13921250 ... rasota-FL/

Doubtful that the medical center tenants, bank, and other businesses currently in the building will allow them to control the signage but they may get their own sign on the property or the street.

The 2100 square feet available (at $16 per sf/yr) on the 3rd floor could theoretically fit 50 people if they don"t mind small cubes.

Dave

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Sam Hill
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Post by Sam Hill » Mon Jul 13, 2015 5:28 pm

[quote=""dmbishop""]The 2100 square feet available (at $16 per sf/yr) on the 3rd floor could theoretically fit 50 people if they don"t mind small cubes.[/quote]

It still boggles my mind that an entity whose stock has dropped 20% today and is at $0.32 a share would have 50 employees.
Old enough to remember when bashing the ABA was fun.

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Post by Renandpat » Mon Jul 13, 2015 5:32 pm

This is still a partnership in stupidity.

From last month:
A company that has sold area business leaders on its plan to launch a 10-city professional football league says it has acquired the money it needs to get it off the ground from private investors. That would mark a significant upturn for Major League Football Inc., which as of Jan. 31, had $5,000 in cash, a working deficit of $1 million and thousands in unpaid income taxes to the state of Delaware.

Bradenton and Sarasota sports commissions have since committed a combined $35,000 in tourist tax dollars to offset Major League Football's rent in its inaugural season — the company will chip in $10,000 for the use of Premier Sports Campus next spring from Feb. 15 to March 20.

“That's all part of the plan ... if you did the snapshot right now, it's significantly different,” league executive vice president Frank Murtha said Monday of the company's fiscal health. “We wouldn't have gone this far (if not). We're not just winging it.”

At a press conference held earlier this month, a finance officer with MLF told the Herald-Tribune that it would take roughly $100 million to cover the costs of a league that aims to fill a gap in professional football by playing in the spring and summer seasons. Reached Monday, Murtha discredited that number, but declined to provide a more realistic figure. Before MLF announced that it would move to Lakewood Ranch, the company filed paperwork that states that it has raised $470,000 out of a planned $3 million.

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Post by nksports » Mon Jul 13, 2015 8:43 pm

[quote=""Fran""]The league's shares were trading on the New York Stock Exchange at 35 cents each on Thursday. That's down from 51 cents in early June.[/quote]

You get delisted from the NYSE when you drop below $1 a share.

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