After driving the Dodgers into bankruptcy amid what was believed to be the most expensive divorce in California history, Frank McCourt is embracing his new life as the owner of French 'fixer upper' soccer team.
Americans aren’t always greeted warmly greeted. “There is a tendency at first to say, ‘What’s the agenda of that person coming in?’” said James Pallotta, the chairman at Roma as well as a co-owner of the NBA’s Boston Celtics. “It’s just completely different. There was a huge learning process across the board. And it wasn’t just league stuff and the way the finances work.
“The advantage for Frank is he has a management team that knows a lot about soccer,” said Colette who, like Garcia, also worked for Pallotta in Italy. “Frank always listens.” The metro population of nearly 1.9 million — about the size of greater Indianapolis — is a melting pot. Europe’s third-largest concentration of Jews reside in a city that, some estimates say, is approaching 40% Muslim. The soccer team is a uniting force.
McCourt’s vision would completely remake the area and give him control over two significant landmarks bookending an upscale shopping center, making him not just owner of the team’s most significant cultural institution but one of the city’s most significant real estate developers as well.“It’s a good thing Frank McCourt is also investing in the city,” he said through a translator. “That interest shows that he wants to be here long term. And I haven’t had any doubt of his commitment.
Last April, McCourt also spent a reported $30 million to buy the Epi-Plage, a boutique hotel and restaurant popular with the jet set in Saint-Tropez, about 65 miles east of Marseille on the French Riviera.
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