Looking over Andro's financials made me wonder ...

How exactly do you remain financially viable while owning your own facility?

I figured I'd have a look at how the Dallas Texans do it.

I ran into a problem when I searched for them in the non-profit organizations databases. I found their 990 forms for 2005 and before under "Dallas Texans Soccer Club". But there was nothing later than that. Of course they opened their Ross Stewart Soccer Complex in 2007, so that's where their financials should get interesting ...

Anyway, I finally figured out what happened ... in 2005, they were a little sneaky and changed their name to the less conspicuous "Club Soccer, Inc".

2007-2008 http://tfcny.fdncenter.org/990s/990search/990.php?ein=201652305&yr=200806&rt=990&t9=A
2006-2007 http://tfcny.fdncenter.org/990s/990search/990.php?ein=201652305&yr=200706&rt=990&t9=A
2005-2006 http://tfcny.fdncenter.org/990s/990search/990.php?ein=201652305&yr=200606&rt=990&t9=A
2004-2005 http://tfcny.fdncenter.org/990s/990search/990.php?ein=201652305&yr=200506&rt=990&t9=A
http://tfcny.fdncenter.org/990s/990search/990.php?ein=752470100&yr=200501&rt=990&t9=A
2003-2004 http://tfcny.fdncenter.org/990s/990search/990.php?ein=752470100&yr=200406&rt=990&t9=A
2002-2003 http://tfcny.fdncenter.org/990s/990search/990.php?ein=752470100&yr=200306&rt=990&t9=A

Now the interesting thing is that while the club doesn't appear to have a giant loan a la andromeda, they pay about $900K in "field rental and maintainance". Now, that's an order of magnitude bigger than field rentals they paid in previous years. So, I'm guessing this is basically the loan repayment and there's another LLC that actually owns Ross Stewart Field. I'm not sure why they would do it that way ...

Anyway, bottom line is that for the one year we know about, the Texans lost money. The big difference between the Texans and Andro is that their fixed costs are a lot less than their income (I'm guessing their membership fees are quite a bit higher than Andro's). Furthermore, it looks like they could pare back their spending and get back into the black fairly easily.

What is the cost for a full season with Dallas Texans for a select team? Just curious?

Here we go ...

Ross Stewart Soccer Complex owned by Soccer Management of Texas Inc., Hassan Nazari , President

Plat: http://roamdallaspropertyrecords.com/ailis/search.do?indexName=dallasimages&lq=Instrument%3A201000249926

Warrantee Deed with Vendor's Lein: http://roamdallaspropertyrecords.com/ailis/search.do?indexName=dallasimages&lq=Instrument%3A20070205492

Deed of Trust: http://roamdallaspropertyrecords.com/ailis/search.do?indexName=dallasimages&lq=Instrument%3A20070205493

So the Texan's only paid 350,000 for their facility. Andro paid 1.7 million.

Hmmmm, I think I know which one is the smarter business man.

jack, you have a lot of free time on your hands.

soccerfanatic wrote:So the Texan's only paid 350,000 for their facility. Andro paid 1.7 million.

Hmmmm, I think I know which one is the smarter business man.

Not sure those documents are for the whole complex. One of those documents references size at 1.6 acres. I'm not a great judge of land size, but I'd guess it's at least 12-15 acres if not close to 20. 1 full size soccer field is roughly 1.5 acres...

I guess my point is we're having lots of legal documents linked, but not sure they tell the whole story. Maybe the $350k purchase was a good deal, but maybe it was just part of the purchase.

Did the Texans have improvements? Andro's would include the value of the club house, the lighting and sprinkler systems already in place...

OK so according to the plat, the $350K is just for the 1.6 acres on which the clubhouse is being built.

The plat also indicates that the land on which the kids play soccer is owned by the city of Farmers Branch.

So connecting the dots, it would seem that the Texans own their clubhouse and are leasing the rest of the land from the city. I wonder if there's some public record of that?



edit: Not really a good reference, but the only thing I can find:

http://rec.farmersbranch.info/Communication/Reports/2007/Branch%20Review%20-%202007-01.pdf

Dallas Texans select soccer club will locate new home on West side

In a development that will add a unique amenity to the burgeoning west side of the City, the Dallas Texans Soccer Club has announced that it will build its new home in Farmers Branch.

City officials said that the Texans, one of the most successful select soccer organizations in the country, will build and maintain the new six field soccer complex on 18.5 acres, leased from the City for 20 years, near Luna and Valley View.

“We have worked very successfully with Farmers Branch for a number of years in producing major soccer tournaments and clinics on the City’s fields,” said Hassan Nazari, Executive Director of the Dallas Texans. “We look forward to expanding our cooperation with Farmers Branch through this project.”

Farmers Branch Mayor Bob Phelps said the new home of the Dallas Texans will only increase economic opportunities in the City.
The Dallas Texans expect to begin construction in early 2007 and have their new complex open for play by late summer.

Lease is confirmed in this document (as well as all kinds of info), but no cost given.


Planning and Zoning Hearing on Specific Use permit

(pages 16-43) http://rec.farmersbranch.info/Planning/Agendasandstaffreport/2007/2007packets/03-12-07%20briefing®ularpacket.pdf

happyfeet wrote:jack, you have a lot of free time on your hands.

It's called Obsessive Compulsive Disorder.

Sprint wrote:What is the cost for a full season with Dallas Texans for a select team? Just curious?

2600 smackers

bunited wrote:

Sprint wrote:What is the cost for a full season with Dallas Texans for a select team? Just curious?

2600 smackers

That is all? I thought it was more like 4 to 5 k a season for a total of 8 to 9 k a year. 2600 is a bargain.

bunited wrote:

Sprint wrote:What is the cost for a full season with Dallas Texans for a select team? Just curious?

2600 smackers

That's a joke....spent that much on Showcases.

soccerrus2 wrote:

bunited wrote:

Sprint wrote:What is the cost for a full season with Dallas Texans for a select team? Just curious?

2600 smackers

That's a joke....spent that much on Showcases.

Whatever.

Hey, guy with the big truck: The question was a year of select, as in fees, not travel expenses, developmental academy, pre-academy, tournaments (showcase and otherwise), etc. For BASELINE fees, DT rank up there at the top; however, other clubs slip plenty in under the radar along the way ...

bunited wrote:

soccerrus2 wrote:

bunited wrote:

Sprint wrote:What is the cost for a full season with Dallas Texans for a select team? Just curious?

2600 smackers

That's a joke....spent that much on Showcases.

Whatever.

Hey, guy with the big truck: The question was a year of select, as in fees, not travel expenses, developmental academy, pre-academy, tournaments (showcase and otherwise), etc. For BASELINE fees, DT rank up there at the top; however, other clubs slip plenty in under the radar along the way ...

You read all that in his question? He asked how much for a club season at DTR.

bunited wrote:

soccerrus2 wrote:

bunited wrote:

Sprint wrote:What is the cost for a full season with Dallas Texans for a select team? Just curious?

2600 smackers

That's a joke....spent that much on Showcases.

Whatever.

Hey, guy with the big truck: The question was a year of select, as in fees, not travel expenses, developmental academy, pre-academy, tournaments (showcase and otherwise), etc. For BASELINE fees, DT rank up there at the top; however, other clubs slip plenty in under the radar along the way ...

Had always heard top billing went to Solar at $3500. Would have thought DT was higher than $2600.

my2cents wrote:

bunited wrote:

soccerrus2 wrote:

bunited wrote:

Sprint wrote:What is the cost for a full season with Dallas Texans for a select team? Just curious?

2600 smackers

That's a joke....spent that much on Showcases.

Whatever.

Hey, guy with the big truck: The question was a year of select, as in fees, not travel expenses, developmental academy, pre-academy, tournaments (showcase and otherwise), etc. For BASELINE fees, DT rank up there at the top; however, other clubs slip plenty in under the radar along the way ...

Had always heard top billing went to Solar at $3500. Would have thought DT was higher than $2600.

Solar's baseline fee, not including tournaments, uniforms, travel, etc., is closer to $2300, U11-U14. Obviously a team that travels a lot would have a higher built-in expense, but that is not the baseline, contracted fee prior to ADDons.

Texans is $2600 base. All things considered, a full season at Texans, say for a U13 team that travels minimally, is about $3200, not including uniform.

Solar Red was $2050 last year plus $350 for the uniform and that included 7 tournaments! this year my BB played for Dallas Texans South and I think it was $2200 plus $375 for the uni's including i think 2-3 tourneys?

Don't try to correct Bunited...he knows everything!

You are correct, OS. Speaking of know it all, SR2, their seems to be quite a bit of hypocrisy in your "opinions".

finish1 wrote:You are correct, OS. Speaking of know it all, SR2, their seems to be quite a bit of hypocrisy in your "opinions".

Try contributing something Finish1...makes a forum more enjoyable.

Go away sr2, make the forum more enjoyable.

I think the only club that actually owns there land is STING on the girls side.
Texans FC Dallas are long term leases with FB and Frisco

finish1 wrote:Go away sr2, make the forum more enjoyable.

Wow finish1, attacking more people?