Heitz Posted August 7, 2014 Posted August 7, 2014 Yes, it is. Your overdeveloped sense of personal entitlement doesn't count for **** in this process. This could be my favorite quote of all the quotables in all of the team sale threads
CodeMonkey Posted August 7, 2014 Posted August 7, 2014 except that Cuomo has already stated that he doesn't think we need a new stadium. i doubt we see hardly anything from Albany. the new owner is going to be on the hook for the majority of the bill Or not. I doubt building a new stadium is one of the trusts requirements.
Nanker Posted August 7, 2014 Posted August 7, 2014 The Bills are for sale??? When did this happen??! Marianne announced it after the Tuesday practice. The media didn't pick up on it because his statement was so short.
thebandit27 Posted August 7, 2014 Posted August 7, 2014 On behalf of the Trust of Ralph C. Wilson, Morgan Stanley would like to welcome the LA Bandits to the NFL. Not a chance...seriously.
17 Josh Allen Posted August 7, 2014 Posted August 7, 2014 You won't be laughing when all of a sudden a out of town person or group that is unknown And nothing ever reported on about them bids 3 billion From his google billions and wins the bidding. Then You'll be like how did this happen and what are there Intensions. By that time it's too late and they go to the. It's at the league meetings To get approved. The pressure this city has but on Bon Jovi had effect on the process What is lurking in private behind the scenes and what the NFl Really wants is a team In Los Angles or Toronto or London So I don't take this lightly that 5 other get to meet with are CEO Without public vetting
John from Riverside Posted August 7, 2014 Posted August 7, 2014 yes it would be nice to know who these people are and what their intentions are with our team Outstanding.....well done sir!
beerme1 Posted August 7, 2014 Posted August 7, 2014 EL Pegual should go into the meeting with Mellissa Ethridge music blaring "BUT I"M THE ONLY ONE" except that Cuomo has already stated that he doesn't think we need a new stadium. i doubt we see hardly anything from Albany. the new owner is going to be on the hook for the majority of the bill If the bid goes to say 1.5B then someone is paying for it somewhere. King Cuomo says a lot of things. I can envision something like a $100M County $250M State and $500 in El Pegual $ Or not. I doubt building a new stadium is one of the trusts requirements. Except for the fact that Goodell has already stated the team will need a new stadium and uh, they get tapprove the new owner. Don't even bother if you don't have a stadium plan as part of your bid.
thebandit27 Posted August 7, 2014 Posted August 7, 2014 EL Pegual should go into the meeting with Mellissa Ethridge music blaring "BUT I"M THE ONLY ONE" If the bid goes to say 1.5B then someone is paying for it somewhere. King Cuomo says a lot of things. I can envision something like a $100M County $250M State and $500 in El Pegual $ Except for the fact that Goodell has already stated the team will need a new stadium and uh, they get tapprove the new owner. Don't even bother if you don't have a stadium plan as part of your bid. I'm fairly certain they only get to vote on the Owner's approval of the team purchase. They can subsequently push for a new stadium, but they cannot reject an owner's bid because he doesn't have plans fleshed out for a new stadium.
CodeMonkey Posted August 7, 2014 Posted August 7, 2014 Except for the fact that Goodell has already stated the team will need a new stadium and uh, they get tapprove the new owner. Don't even bother if you don't have a stadium plan as part of your bid. Wasn't part of the "iron clad" stadium lease that they could not even look into a new stadium now?
BillnutinHouston Posted August 7, 2014 Posted August 7, 2014 (edited) The leak about "up to 8 bidders" is obviously good news for the Trust. And the timing of the leak serves the Trust's interests, too. Edited August 7, 2014 by BillnutinHouston
DC Tom Posted August 7, 2014 Posted August 7, 2014 So I don't take this lightly that 5 other get to meet with are CEO Without public vetting And who, among the other 3, have been "publicly vetted?" There is no "public vetting." It's a private sale, you knucklehead.
John from Riverside Posted August 7, 2014 Posted August 7, 2014 And who, among the other 3, have been "publicly vetted?" There is no "public vetting." It's a private sale, you knucklehead. LOL
2003Contenders Posted August 7, 2014 Posted August 7, 2014 Tim Graham is reporting that Jim Kelly joined one of the 8 bidders -- but doesn't know which one.
Kellyto83TD Posted August 7, 2014 Posted August 7, 2014 (edited) This is not good news. Why do I get the feeling We're going to end up getting screwed In the end http://profootballta...-eight-suitors/ Who is "we". The fans? We have no say I have tried to tell you this from day one. Their goal is to get the best deal possible. Its about MONEY which is what Business is about. Look Ralph kept his word and kept the team here till he died. It is NOT The Trusts job to continue that, its to get the most money possible. IF they find someone to keep the team here so be it, but understand when the lease is up odds are they will move IF it makes the owner and the NFL more money. Sorry but that is today's NFL. Don't like it, go back to just HS and college football, they are not moving anywhere Tim Graham is reporting that Jim Kelly joined one of the 8 bidders -- but doesn't know which one. Well as maybe a face but that is all. He doesn't have the 30% required to be the top dog, no way he is worth over 300 million dollars. Edited August 7, 2014 by Kellyto83TD
SectionC3 Posted August 7, 2014 Posted August 7, 2014 Kelly's presence is basically immaterial to me. Only way he's involved is if someone needs him, and someonone only needs him if they in turn need to play the sentimental card with the trust. Assuming reports are true, pegulas presentation goes like this: I have about 1.3B cash that I will give you for team. And, as far as movement goes, I'm local so I'll do whatever you want to guarantee team here. And --- this is the part I doubt anyone can match --- team will either be held jointly w right of survivorship w my wife, Kim, or solely in her name. Beauty of that is Kim is not only a local but 45 YEARS OLD, so the worry of another sale to pay estate taxes is virtually nonexistent for 30 years. In other words, in addition to seming cash advantage the pegulas can play the local game as well as anyone. Only group w that kind of edge might be the young tech guy from Lockport or the Jacobs if they get into the kid and put the team with the kids. Kelly's presence is basically immaterial to me. Only way he's involved is if someone needs him, and someonone only needs him if they in turn need to play the sentimental card with the trust. Assuming reports are true, pegulas presentation goes like this: I have about 1.3B cash that I will give you for team. And, as far as movement goes, I'm local so I'll do whatever you want to guarantee team here. And --- this is the part I doubt anyone can match --- team will either be held jointly w right of survivorship w my wife, Kim, or solely in her name. Beauty of that is Kim is not only a local but 45 YEARS OLD, so the worry of another sale to pay estate taxes is virtually nonexistent for 30 years. In other words, in addition to seming cash advantage the pegulas can play the local game as well as anyone. Only group w that kind of edge might be the young tech guy from Lockport or the Jacobs if they get into the bid and put the team with the kids.
GG Posted August 7, 2014 Posted August 7, 2014 What makes you say that? He's local and has gone on record saying he wants to buy the team because he loves the Buffalo Bills. I also think he's damn good at his day job. He's good at his day job. But at the end of the day he's a trader, and they're not to be trusted.
Tyrod's Tailor Posted August 7, 2014 Posted August 7, 2014 He's good at his day job. But at the end of the day he's a trader, and they're not to be trusted. That's it? Sorry you had a bad experience with one.
GG Posted August 7, 2014 Posted August 7, 2014 hmmmm- Lauren Brill @LaurenBrill4 7m Per an attorney Pegula may be able to defer capital gains tax if he re-invests his gains from 1.75 billion-dollar deal into stadium Depends on the definition of the assets he sold and what he's investing in and whether the IRS will buy into the explanation that a sale of oil & gas exploration land is a like-kind exchange for a football stadium site & construction. That's it? Sorry you had a bad experience with one. That and his history of generating headlines, exit from TCW, etc
thebandit27 Posted August 7, 2014 Posted August 7, 2014 Depends on the definition of the assets he sold and what he's investing in and whether the IRS will buy into the explanation that a sale of oil & gas exploration land is a like-kind exchange for a football stadium site & construction. I'm going to guess they'd (Pegulas) try to characterize it as a land-sale/land-acquisition
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