Oxford City Football Club (OTCQB:OXFC) Is Focused On Progressing Its Masters Degree Program And Is Hopeful The Endeavor Will Generate $99 Million In Revenue For The Company
PR Newswire
DEERFIELD BEACH, Fla., April 16, 2015
DEERFIELD BEACH, Fla., April 16, 2015 /PRNewswire/ -- Oxford City Football Club, Inc. (OTCQB:OXFC) has established a specific plan to establish a strong earnings per share and a sustainable revenue stream for the future. If successful, the company hopes to be in a position to meet the minimum listing standard at the NYSE.
Oxford City Football Club, Inc.
The company has taken the initial steps to make this a reality. First, the company established a partnership with an accredited University to deliver its CIT University's Masters Degree Program in Sports Management. The recent deal with Alva Edu allows the company 100% of the revenue generated from tuition fees.
Second, with a tuition of only $9,900 per year for the Masters Degree program, the company hopes to take on approximately 10,000 students in the first year. There is no assurance, however, that the company will be able to meet that projection. However, with 10,000 students at a tuition of $9,900 USD, the company could realize approximately $99 Million in revenue. We are anticipating to have operational and partnership costs of approximately 50% of the tuition. So, if the plan works out, this would put the company in a position to potentially have $45 Million in net profit from tuition only.
The company also plans to create a unique capstone model where students will share in a 50% split of the net profit of their capstone project. All students will need to show competency of the coursework by applying it in a project and will successfully graduate upon executing a plan with one of Oxford City's 5 professional sports teams to generate a minimum net profit of $20,000. Some students, therefore, may leave the program debt free. For those students that show a level of innovation that generates a significant and sustainable revenue stream they may earn a position with the company straight out of school to lead that project as a Director with the company.
ABOUT OXFORD CITY (OTCQB:OXFC)
Oxford City is a diversified holding company, which manages a controlling interest in a number of portfolio companies, across a spectrum of sectors (Sports, Education, Media & Entertainment, Real Estate & Property Management). The Company's CEO, Thomas Anthony Guerriero, a Harvard Graduate and a veteran value investor, leads the company utilizing his proprietary vertical integration financial model in managing these portfolio companies. The Company believes it is strategically positioned to implement this vertical integration financial model incorporating all its divisions towards future growth.
Safe Harbor
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and section 21B of the Securities and Exchange Act of 1934, as amended. Readers are cautioned not place undue reliance on these forward-looking statements, which are only predictions and only speak as of the date hereof. Forward-looking statements usually contain the words "estimate," "anticipate," "believe," "plan," "expect," or similar expressions and are subject to numerous known and unknown risks and uncertainties. These risks and uncertainties could cause the Company's actual results to differ materially those indicated in the forward-looking statements. Investors are encouraged to carefully review regulatory filings prior to investment consideration. Past performance is no guarantee of future success or that there cannot be losses or business interruption. The Company is in a rapid growth sector that may or may not continue to grow in the future and therefore poses risks that may be different than other investments. Management regularly provides news and additional information believed to be true and accurate at the time of dissemination but has no requirement to modify, comment or change in the future should circumstance change or information prove to be inaccurate for any reason. Additionally, the Company makes every effort to comply with all applicable laws.
