CAT 1.17% $3.38 catapult group international ltd

Ann: Trading Halt, page-55

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  1. 2,917 Posts.
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    https://www.ussoccer.com/stories/20...fficial-onfield-performance-monitoring-device


    I think this so called 1.5bln deal could be a concocted number by some journalists. Check the official announcement above. This suggests statsports could get $375 per person and ALL 4 million players are going to use them. Few questions below..

    Does US Soccer have $1.5 bln to spend as they want? If not, is this just a recommendation to players they should use statsports? Are all players obliged to use statsports as a result of this? I think Statsports is not making any money just like Catapult now. Both companies will be burning cash for a while..

    In any case, this news is saying that Catapult has some serious competition to deal with.
 
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