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Posted (edited)

Yeah, like Pagula? He's done wonders with Sabres so far!

 

Pegula. In his one year of ownership has not improved the team. He should sell the team to someone who will get things done!

Edited by jeremy2020
Posted

buffet would be a horrendous owner. You think Ralph is cheap? buffet would be ten times worse.

True that. The guy is a billionaire and still lives in the house he bought for like 50k back in the day. Businessmen don't like to spend money. I'd rather have a flashy owner that doesn't mind spending

Posted

These franchises are over bloated at the prices the wealthy pay for their status symbols. It's bound to come crashing down and have lots of these wealth barons holding their toys, but not before demanding a bailout

 

New owners keep driving the prices up but they are not based in reality

 

I don't see how they can maintain the course they are on. Some financial slight of hand wil only work for a little while longer. You can bet the farm that PSL's are not going to last, so many fans are stuck with these insane fees and can only sell them for pennies on the dollar, so what's next for these owners looking to generate revenue to justify their $billion purchases ?

Posted (edited)

A suggestion: instead of wasting time discussing Buffett buying the Bills, I recommend Bills fans buy Buffett. Anyone around here who invests, especially younger guys, put a huge chunk of your IRA, 401k etc. into Bershire-Hathaway B shares. They're a bargain right now (well, relatively speaking) and you have Warren Buffett essential doing your stock picking for you.

 

BTW, another billionaire who is rumored to be very interested in buying the Bills is LA-based, Buffalo-born bond phenom Jeffrey Gundlach. Keep your eye on him as the potential savior.

 

I checked around a little bit and have no idea how much Gundlach is worth. I do not believe he is on the Forbes 400. I thought there would be something out there that showed his net worth but I couldn't find it.

Edited by dollars 2 donuts
Posted

I checked around a little bit and have no idea how much Gundlach is worth. I do not believe he is on the Forbes 400. I thought there would be something out there that showed his net worth but I couldn't find it.

 

Let me google that for you:

 

http://www.lmgtfy.com/?q=Gundlach+net+worth

 

From the first two search "hits:"

 

http://latimesblogs.latimes.com/money_co/2011/09/gundlach-tcw-verdict.html

 

During the trial, Gundlach estimated his personal net worth at about $90 million, some of which he has sunk into an extensive collection of modern art.

 

http://www.pionline.com/article/20110822/PRINTSUB/308229941

 

During their questioning of witnesses, including Mr. Gundlach, TCW's attorneys brought up the fact that he earned more than $40 million in 2009, twice as much as any other TCW employee, including CEO Marc Stern.

 

“I actually should have made more than that during that year,” Mr. Gundlach responded to TCW attorney John Quinn in one courtroom exchange.

Mr. Gundlach also disclosed his net worth is $90 million.

Posted

Total douche, if Ralph's heirs tried to sell it to him. The NFL would vote it down.

 

Wanna win some Lombardi's? Get Eddie D reinstated and bask in the glory, He would like to get back in. And he lives close by.

 

Actually, i think (and i may be mistaken) that he is no longer banned from having an ownership stake in the league. I just think he isnt interested in being an owner anymore and I think he is living down in Fla now. But I agree, he would be an awesome owner!

Posted (edited)

True that. The guy is a billionaire and still lives in the house he bought for like 50k back in the day. Businessmen don't like to spend money. I'd rather have a flashy owner that doesn't mind spending

Buffett is cheap!

Edited by JOE IN HAMPTON ROADS
Posted

Let me google that for you:

 

http://www.lmgtfy.co...dlach net worth

 

From the first two search "hits:"

 

http://latimesblogs....cw-verdict.html

 

 

 

http://www.pionline....NTSUB/308229941

So the guy will need to find about 10 more people with similar net worths willing to invest their entire net worth into an NFL team to buy them.

The guy would barely have enough to be 50% owner in the Sabres if he invested his entire net worth......

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