The $30 million includes the NASL days, that's where most of the debt comes from.
NASL had significantly higher player budgets (in USD) and travel was much worse than CPL. Plus he started a production company to broadcast games (in SD....which sums up his efforts) and built the one stand at Clarke as well. Combine that with sparse crowds, inability to keep much of the revenue generated at games, and limited sponsorship and the figure isn't outrageous.
At one point Fath was quoted as saying he needed 9000 fans a game to break even in NASL and they got maybe a third of that on their best days.
Last edited by shermanator; 11-19-2022 at 04:25 PM.
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