I know the host of that radio show asked Chris about the interest all this money makes and Chris side stepped the question. Does anyone know where it all goes or what it's designated for? It doesn't go to the dividend reserves. We know it doesn't go to advertising or back to the traders in any way. Does it just stay there in the bank and increase the value of ASMA1? Was that what the dividend was that ASMA1 paid out a while back?

I was just thinking about this as it boggled my mind once again how much cash should be sitting in ASM's bank accounts right now after looking at the next IPO announcement. Yes boys and girls, it's that time again. Time for yet another large IPO of teams and leagues that I just read their 23 names for the first time in my life on that page. Do they sell all of these out at these IPOs? Because once the game pots are filled, just from this particular IPO, ASM will have 40,325 of cash left over that most likely won't be going anywhere for a while. Do you think most of this would be new cash or mainly existing money just shuffled around leaving dead leagues behind?

That's what got me thinking on this topic. How many millions of dollars do they have sitting there that is traders' money? And what happens with the interest? Somehow I'd bet the only one that knows is Chris and whoever else that may be in a position to see that gets enough in kick backs to keep their mouth shut. I mean, as long as it doesn't cut into original money, it's like it never existed, right? I just wonder how much (if any) of the interest might be used towards any of life's 'little pleasures'. I'd be shocked if any of it was actually accounted for.

For better or worse, government/big business and extra money sitting, typically doesn't mix very well. The situation never lasts for long.

Both rugby leagues are big in Britain. 20-40k attendances aren't uncommon and they're billion-pound sports..

In what priority is ASM releasing these leagues then? It sounds like this one should have been released a long time ago, well before many of them we have now. I have a feeling ASM just releases whatever they stumble across next.

yeah u are right. ASM gets suggestions from different traders on the sports and then adds them according to that i think. Its so random that is the only explanation i can think of. haha i wonder how quickly a post about interest would be deleted. I think ill go try it.

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How about NCAA Softball, Golf, or Hockey? They get more support that some of these $%*@ Soccer leagues.




I got it...

What do computer programmers and sports fans with sports knowledge have in common?



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Nothing! LOL I crack myself up.

I have wondered about the interest for a long time. This has to be a large amount. Has anyone ever heard any comment whatsoever on this from ASM ?