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So the New York Yankees partnering up with the English soccer team Manchester City to own.
Major League soccer's twentieth -- expansion team New York City football club and we have Randy Levine here the president the Yankees to talk to us.
About that's a thank you sir for coming and we appreciate it great to -- -- everybody is killing me here that I have to ask about the subway series though drew Jones for a few days.
Welcome back -- -- give -- let's credit they played great there and our guys so you know banged up have done that they've -- some guys back tonight right you know Red Sox as we kept -- close and was gonna get our troops backed him so will be ready to go would you wanna talk about soccer from -- perspective.
As business network is bracing to see that the Yankees.
-- premiered you know sports franchise there's a branding and everything else get involved with this.
-- -- you've done some stuff before Manchester United in the past and and whatnot but I'm curious as to how can together but first the -- want to do this.
But we're Yankee global and the prices which owns the Yankees as a sports and entertainment company.
And we always look for investments.
That we think a really solid investments.
This sort of made sense we know the people over at Minh city very well.
We have a hospitality company called legends hospitality veteran was food and beverage that's what this is about.
Basically the legends business it no it's not about but that's how we got introduced -- -- -- city called we do it over there spend their stadium right.
And then of course they played here a great game against Chelsea -- -- Saturday night.
So we've got to know them we think and -- -- -- great opportunity.
And this made sense for us because we're partnering with thirty organization man city that's committed to -- lot of the same values we have winning.
Doing things right working with the community.
And this is on our own back yard I had and it it is all the attention the proposed stadium would be right the -- backyard in -- so that it come about that they come they can -- and today.
Yes they came to us pretty recently and they said you know we're gonna do this and I think we need -- local partner.
And I think they made the right decision because in this market and we know how to market we know.
How to get things done in New York City.
So the combination of their expertise and baby -- Building stadium builds its ladies existing and -- also marketing -- team you know selling sponsorships selling tickets.
We think we do that pretty well right especially in this market.
So I think it's a great combination not aware.
Processor the proposed stadium is right the Mets -- -- queens and Foster got a spark.
They won't be ready in time so they played Yankee Stadium multiplicity -- sit at the beginning quote the -- site is is a good site that some proposed site what we're gonna do right now we're taking a little -- -- folks from -- city.
And we're just gonna look around to see if there any other viable sites I mean we've been in this basically two weeks right.
The team will not some point to 2015.
In a phone home isn't ready.
There are a lot of options Yankee Stadium is one of them as temporary home yes but as a permanent home you're saying queens it may not end up there.
It's a good site but we haven't made any firm -- -- queens right now.
Patent possible possible and what we're looking around to see what's available.
Interest thanks so Divx.
But other stadiums have had some trouble so be it shouldn't and looking into that.
The next step however long it takes -- come back on -- thank you I well I'm confident we'll get it done and you know there's always a lot of this is New York a lot of people have their opinions but at the end of the day these things get done but when you look back.
Today and you see what Yankee Stadium looks like in the community and the -- senator.
Everybody's pretty satisfied rating -- being president of the Yankees now on the -- business thank thank you very much for -- weekend okay.
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