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Old 11-23-2013   #113
infantrycak
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Default Re: Kraft: "London ready for own NFL team"

Quote:
Originally Posted by Dan B. View Post
Fair enough we will stick to currency exchange. My point is that the pound is more stable. When you are a millionaire player or even a billionaire owner, it makes sense to have your money in a currency that will hold in value over the years. Personally if I could have the same amount of money in pounds, dollars, or pesos I'm picking the pound for that reason. It's more likely to still be there.
I don't think this involves player or owner money in a significant fashion. Contracts would be done in dollars because of cap requirements. The NFL is going to hold and distribute in dollars. Anything subject to revenue splitting will have to be converted to dollars. So really what we are talking about is handling of money from tickets, merchandise sales, concessions and operating expenses. Those are all transitory and readily converted. Heck if the owner in Mexico wanted he could take all his pesos ticket sales money and convert it to pounds. You aren't stuck with what you started with.

I understand arguments like crime, better sales for suites, where more TV revenue would result, etc. but I don't see currency as a stumbling block for either.
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