Jerry Jabber Posted August 23, 2014 Share Posted August 23, 2014 http://www.torontosun.com/2014/08/22/toronto-group-bid-more-than-1-billion-for-bills-which-calls-into-question-forbes-report "If the numbers Forbes is reporting are true, then why did the trust's investment bank, Morgan Stanley, inform the Toronto group in the hours after the first-bid deadline that it was toast unless it rebid with a higher amount? Even though it was only $70 million behind front-runner Pegula, and $18 million ahead of Trump? And then why are Toronto group principals mulling right now whether to pull the plug on their bid effort? Who pulls out when they're that close? Even if Forbes' Pegula bid amount is the only one correct, then so much of what has been reported over the past month regarding the sale would be undermined. Think about what that would mean." Link to comment Share on other sites More sharing options...
Saint Doug Posted August 23, 2014 Share Posted August 23, 2014 In Link to comment Share on other sites More sharing options...
Buffalo_Stampede Posted August 23, 2014 Share Posted August 23, 2014 This is only his 500th article on this sale. Link to comment Share on other sites More sharing options...
Jerry Jabber Posted August 23, 2014 Author Share Posted August 23, 2014 I have to lean heavily towards Kryk on this one as he and John Wawrow have been two reliable sources, as Ozanian does not seem that he is knowledgable with the Buffalo Bills, the Buffalo area, or football in general. Ozanian seems to be more for the large financial numbers of the transaction. It's obvious that Ozanian's agenda is to see the Bills sold for a record number, especially after seeing the L.A. Clippers receive a $2 Billion dollar bid. Ozanian knows that the Bills will not sell for $2 Billion or close to that range as long as the team is in Western New York, so by posting lower numbers in his article, he's hoping to see the bidding process stopped and have the NFL step in and try to force Morgan Stanley to stop the bidding process and start all over with a new bank, with no restrictions on moving the Bills to of Western New York, so they can be sold for that record amount in Los Angeles or Toronto. Link to comment Share on other sites More sharing options...
Mango Posted August 23, 2014 Share Posted August 23, 2014 My assumption the NDAs in a purchase this large are airtight, and everything else is just more or less educated guesses. Link to comment Share on other sites More sharing options...
vincec Posted August 23, 2014 Share Posted August 23, 2014 In What's the point of these types of responses? Link to comment Share on other sites More sharing options...
boyst Posted August 23, 2014 Share Posted August 23, 2014 What's the point of these types of responses? lrn2bcool. Duh Link to comment Share on other sites More sharing options...
Mr. WEO Posted August 23, 2014 Share Posted August 23, 2014 http://www.torontosu...n-forbes-report "If the numbers Forbes is reporting are true, then why did the trust's investment bank, Morgan Stanley, inform the Toronto group in the hours after the first-bid deadline that it was toast unless it rebid with a higher amount? Even though it was only $70 million behind front-runner Pegula, and $18 million ahead of Trump? And then why are Toronto group principals mulling right now whether to pull the plug on their bid effort? Who pulls out when they're that close? Even if Forbes' Pegula bid amount is the only one correct, then so much of what has been reported over the past month regarding the sale would be undermined. Think about what that would mean." I didn't read the article. How does he know the Forbes numbers are wrong. In the paragraph you quoted, he doesn't say they are wrong. He just asks.. how could they be right, essentially. Link to comment Share on other sites More sharing options...
Best Player Available Posted August 23, 2014 Share Posted August 23, 2014 It would not be a surprise if their numbers are wrong. Like it was mentioned earlier when getting a rare opportunity to buy a NFL team 70-90 million while a lot of money for most is chump change when getting a NFL team is the goal. Link to comment Share on other sites More sharing options...
metzelaars_lives Posted August 23, 2014 Share Posted August 23, 2014 In Hell yeah dog, you showed em! Link to comment Share on other sites More sharing options...
Whites Bay Posted August 23, 2014 Share Posted August 23, 2014 Was the bid in Loonies? Link to comment Share on other sites More sharing options...
Jerry Jabber Posted August 23, 2014 Author Share Posted August 23, 2014 I didn't read the article. How does he know the Forbes numbers are wrong. In the paragraph you quoted, he doesn't say they are wrong. He just asks.. how could they be right, essentially. The mods ask that we only posted a few quoted lines from the article, so if you read the first half of the article, Kryk states his sources say all bids were over $1Billion. Link to comment Share on other sites More sharing options...
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