[shermanator]

Not sure how legit but I've heard the Katz Group offered $1 for FC Edmonton. Which IMO is about what they are worth as a club right now, given the $4 million a year operating costs of a CPL club.

FC Edmonton as a club has a dozen years of a disinterested market, few season ticket holders, a stadium where they don't receive concession or parking revenue, little corporate support, fractured relationships with youth clubs, and no supporters scene to draw atmosphere to the game day environment. You're essentially asking someone to dump 8 figures into a club that is significantly worse off than one starting from scratch.

Oddly enough they've actually been BETTER run under league ownership than under the previous owners. They're starting to rebuild relationships with youth clubs and slowly getting more corporate support. The crowd on Saturday was almost 3 times what they got at the start of the year. But it's still a long way away from being an attractive purchase for anyone.