Quote:
Originally Posted by mcaj22
how big is that soccer league Clark runs? is the MLS he's a part of a bigger money generated than the Chiefs?
no right? Just wondering how Clark pools his money for being involved in multisports and if there is any carry over.
Ill preface saying I dont watch soccer, so hopefully someone can educate me on that part.
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Guys/families like him don't pool money.
Clark makes a **** ton of money with his private equity stuff. The Chiefs are a cash machine. MLS is in a separate bucket. That's before we even get to their oil/gas interests.
They keep things in separate buckets for legal and tax reasons. If something goes wrong with one, they don't want the other assets to be able to be touched by that.