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The other dot to connect besides the meeting with Gruden which Howard Simon confirmed and the recent public statements by Jim Kelly and Thurman Thomas is the fact that the new stadium lease was signed.

 

And just putting this out there:

 

https://twitter.com/Michael_Necci/status/285534981999185922/photo/1

 

Who is Michael necci? Come on.... Don't just throw it at the wall and see if it sticks. I could text myself "Michael necci is a bum and my friend just heard from Thurman he's a liar" and it holds as much weight without context.

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Posted

Estate taxes only come into play when you die. He would be avoiding a paying a potential increase in capital gains tax. However the sale would need to be completed by Monday, not just announcing a sale. Thought I read the post also mentioned he would still own the team, just giving up control. If that's true, then no change at all unless he's selling like a 5% share to Kelly/Thomas, then would pay CGT on that portion.

 

If true, the impending estate tax increases brought on by 2013 has to be an important consideration in this scenario.

Another report coming out he is going to be selling the team to a group headed by Jim Kelly and Thurman Thomas to avoid the increase in estate taxes he would have to pay...

Posted

If true someone should pin this thread as it will quickly surpass the mario williams thread and every post in tbd history lol

not "Last Post Wins"
Posted

This would make selling tickets like shooting fish in a barrel for Brandon. I'm skeptical as heck, but i'll be tuned in tomorrow.

Posted

Ralph has always been about what is BEST for the NFL and before that the AFL. Making a change that shows a succession plan is bg news for the NFL since Buffalo is a successful franchise in ticket sales and merchandise. Its all about the brand of the NFL in towns like Pitt, Cleveland, GB, Buffalo etc

Posted

So when is this alleged presser going to occur?? Was a time stated??

 

When the sketchy video is done, and not a minute sooner. Given the AV history at OBD, it could be this week, but almost certainly by draft day.

Posted

Estate taxes only come into play when you die. He would be avoiding a paying a potential increase in capital gains tax. However the sale would need to be completed by Monday, not just announcing a sale. Thought I read the post also mentioned he would still own the team, just giving up control. If that's true, then no change at all unless he's selling like a 5% share to Kelly/Thomas, then would pay CGT on that portion.

 

Good point. I was actually thinking of the future avoidance of the increased Estate tax for the sake of his family.

Posted

Estate taxes only come into play when you die. He would be avoiding a paying a potential increase in capital gains tax. However the sale would need to be completed by Monday, not just announcing a sale. Thought I read the post also mentioned he would still own the team, just giving up control. If that's true, then no change at all unless he's selling like a 5% share to Kelly/Thomas, then would pay CGT on that portion.

this I could see. Him selling 5% of the team to them now. With intent that they purchase another 5% every year going forward or something like that. Would mean little gains for Jom and Thurman for now but with 51% only a few years down the road and before the lease is up, all is possible. Just sayin.
Posted

If Ralph is stepping down or selling the team, I take back every distasteful comment I've made about him. I'll be so grateful, I won't even complain that he should have done it 20 years earlier.

Posted

TSW member 'bbb' posted this in another thread, but this should be seen by all. Thanks for this great find bbb

 

http://boards.buffal...!!!!!!-READ!!!!

 

"source below) Ralph Wilson will be shooting a pre-recorded CRITICAL statement regarding the team for "Mondays" business....This is real big news with more implications and info below, but bare with me as I go back a few days ago.

 

.....So I reported a verified thread a few days ago........... http://boards.buffal....ill-be-altered ............ (verified by a few local media connections within the post which also had like 3k plus views)........anyways it talked about why the press conference time for Monday was "TBA" and SO far it is NOT rescheduled yet for New Years Eve. I spoke with him again tonight......first let me clarify for just a few who thought the reason for the move was due to the holiday, its not because the XMAS eve presser was given out by Friday and he said no one has info on the new time and its "wait and see" directly from MGMT.

 

anyways, how this relates to huge ralph wilson pre recorded statement news..........

 

Along with a pre-recorded statement that will be edited and contain critical information...... so much so that the video team is on strict orders to be on call at the facility Sunday/Monday with a complete gag order. The editing will be done in another room as it comes in live so that Ralph make adjust anything the behind the scenes team deems necessary as it relates to how it will look and sound. NO PRESS WILL BE WITNESS to this and its only going to be Ralph's handler and necessary people. This is not a happy holidays greeting either people, so dont even say that. Ralph has never done one anyways. Also, there is a private salon coming in to help groom Ralph and its been now relayed to him that the months of this season have been spent rehabbing, eating and trying to present a solid, healthy Ralph Wilson for the camera, but this is all for this recording. Exactly why he is in town right now and everyone said he looks great, like Eric Wood on Twitter.

 

Now, with that being the news, he can confirm all the above, but is speculating THE CONTENT of the video and its with dare "he" says, "real insider news". This last part, please dont run to the bank with it. But it might be the fact he is stepping down control, but has controlling interest still with the organization. Also perhaps to be naming Monday the successors/HC.....He wont fire anyone on camera, thats for sure, it would be already done. But thats the news!

 

Ralph has always done the things right. Think about this guys. The NFL could even have a hand in this. This could set the tone on how aging super star owners step down. It makes sense instead of the guy just dying like other owners who do in a middle of a season. This just gives it a better ribbon and makes things look better prepared from the organization standpoint and the league standpoint. Having owners die in term is not the example they want.

 

THIS IS HUGE! and go....."

WOW !!! WAY TO GO RALPH !!!! GO BILLS !!! :beer::thumbsup:
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