Soccer stat Zak Brown: McLaren risked not starting 2021 without cash injections
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Brown recalled how McLaren struggled to survive in 2020. McLaren CEO Zak Brown spoke about the recent crisis after winning the constructors` championship.
At the end of 2020, McClaren agreed on a deal with the investment fund MSP Sports Capital, which increased its stake in the team to a third.
Of course, we were on the verge. We were paying all our bills, but we were months away-a small number of months-from. . . We knew we would finish the season, but we found ourselves in a situation where, without cash infusions, we risked not starting [2021] the year.
I was always sure that the shareholders would not allow this. But it was also clear that investment was needed. I could sleep at night knowing that [the shareholders] would support us if we had to. But at the same time, it was already the ninth inning, if you use baseball terms, when the relief pitcher arrived, " said the American manager.
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