Gab Marcotti
π€ SpeakerAppearances Over Time
Podcast Appearances
So the rest of it is every year he gets paid in equity.
So he gets shares, effectively, in Inter-Miami, and they keep accumulating.
Inter-Miami as a club has a valuation, has an enterprise value, which, you know, like the ones those Forbes put out, which I think many of those are nonsense, but...
Most people would agree it's probably north of a billion because that's how much these shares are worth.
So essentially, this means that if he stays until 2029, he could own up to a quarter of the club.
I think it's an interesting model.
I don't know if it would work with other footballers other than Messi, but when we have owners who, you know, they're talking about how high the costs are, how high the wage bills are,
I wonder if we're going to have owners in big European clubs, you know, say you go to, I don't know, you go to early Holland and you say, Hey, you want a new contract?
How about, you know, we give you X many shares, which, you know, it's not like you can sell them easily, but they could increase in value or whatever.
Um, I think they have to come up with creative methods like this if you want to compensate people.
Leeds United have asked that chance about Jimmy Savile, who, for those who don't know him, to be honest, he's only famous in England.
He was a local media personality on the BBC who was found to have sexually assaulted hundreds of women.
All this stuff came out after his death.
Turns out there was a bunch of cover-ups and complicity from various people.
It was basically a little bit like the Me Too, just...
A lot bigger.
Songs about him be treated as public order offenses and hate crimes.
Now Jimmy Savile was from Leeds.
And what this means, if you treat it as a public order offense, as a hate crime, it's what they do already for songs about Hillsborough or about the Munich air disaster.
It carries far stiffer consequences.