PSE has been "Dissolved"

[Buffalo716]

Anybody that thinks Terry is going to keep the bills and then sell to sabers isn't that in touch

 

First of all he cried when he bought the sabers.. not the bills

 

Second he would have a PR nightmare that would not go away in buffalo

 

[AuntieEm]

2 hours ago, Buffalo_Stampede said:

Estate planning.

 

 Very possibly. Hard to know all the various setups people with billions use. 

[Beast]

1 hour ago, PromoTheRobot said:

 

My worry is the Sabres are worth 2X-3X more in any other city. I don't know what their lease situation is but I bet they aren't as tied down as the Bills are. (And the Bills aren't even that tied down when you really look at it.)

 

Both. QC is not getting a team.

LOL at you for even thinking there is a remote chance of the Sabres leaving Buffalo.

[Doc]

8 minutes ago, Buffalo716 said:

Anybody that thinks Terry is going to keep the bills and then sell to sabers isn't that in touch

 

First of all he cried when he bought the sabers.. not the bills

 

Second he would have a PR nightmare that would not go away in buffalo

 

That's not true. 

[Buffalo716]

2 minutes ago, Doc said:

 

That's not true. 

I'm pretty sure I remember him crying when he bought the Buffalo sabers... in The opening press conference

 

And I don't remember him crying when he bought the bills

 

It was like over 10 years ago.. but I'm pretty sure he cried during the sabers press conference

 

And said how this was his dream

Edited August 28, 2023 by Buffalo716

[Doc]

Just now, Buffalo716 said:

I'm pretty sure I remember him crying when he bought the Buffalo sabers... in The opening press conference

 

And I don't remember him crying when he bought the bills

 

I do.  I remember he had a huge boogie coming out of his nose.

[ColoradoBills]

1 minute ago, Buffalo716 said:

I'm pretty sure I remember him crying when he bought the Buffalo sabers... in The opening press conference

 

And I don't remember him crying when he bought the bills

 

He was crying and blowing snot bubbles.

[Royale with Cheese]

2 minutes ago, Buffalo716 said:

I'm pretty sure I remember him crying when he bought the Buffalo sabers

 

And I don't remember him crying when he bought the bills

 

https://www.usatoday.com/story/sports/nfl/bills/2014/10/10/terry-kim-pegula-owners-buffalo/17050791/

 

[Buffalo716]

Just now, ColoradoBills said:

 

He was crying and blowing snot bubbles.

I definitely remember it for the sabers

 

But that makes my point even more... He's passionate... And the sabers are his baby

 

He's not discarding them

2 minutes ago, Doc said:

 

I do.  I remember he had a huge boogie coming out of his nose.

So he's a passionate owner who saved two franchises in Buffalo...

 

And he's also put billions of dollars into Buffalo

 

He's not discarding his legacy to get rid of the sabers

[Ridgewaycynic2013]

S-A-B-R-E-S

Maybe he got tired of you lot not knowing how to spell it.

🤨

[ExiledInIllinois]

3 hours ago, boyst said:

he's been quietly shopping the sabres for a while i have heard. this might make it easier.

He wasn't at the RJ celebration of life ceremony... 😏...

[Doc]

16 minutes ago, Buffalo716 said:

So he's a passionate owner who saved two franchises in Buffalo...

 

And he's also put billions of dollars into Buffalo

 

He's not discarding his legacy to get rid of the sabers

 

I agree.  I just thought it was odd he'd separate the 2.  I read (speculation?) that PSE was Kim's baby so maybe splitting them might be better tax-wise.  Someone also said he could sell up to a 25% stake in the Sabres.  I don't know.  But I'm 100% sure he's at least not selling the Bills.

[4th&long]

1 hour ago, ColoradoBills said:

 

Terry bought the Sabres for $189M and it's worth over $600M.  He has also had possible net yearly revenues with maybe the exception of Covid

years.  Team is on the rise again and fans will go back to their seats.  He is not losing money owning the Sabres.

That’s great. Still a lot of silly speculation, especially if they are not losing money.

[Buffalo716]

2 minutes ago, Doc said:

 

I agree.  I just thought it was odd he'd separate the 2.  I read (speculation?) that PSE was Kim's baby so maybe splitting them might be better tax-wise.  Someone also said he could sell up to a 25% stake in the Sabres.  I don't know.  But I'm 100% sure he's at least not selling the Bills.

For sure the one Buffalo thing was kind of his moniker

[LabattBlue]

21 minutes ago, Buffalo716 said:

I definitely remember it for the sabers

 

But that makes my point even more... He's passionate... And the sabers are his baby

 

He's not discarding them

So he's a passionate owner who saved two franchises in Buffalo...

 

And he's also put billions of dollars into Buffalo

 

He's not discarding his legacy to get rid of the sabers

You will tip my OCD over the edge if you type sabers one more time.

 

S-A-B-R-E-S

 

😂

[Buffalo716]

1 minute ago, LabattBlue said:

You will tip my OCD over the edge if you type sabers one more time.

 

S-A-B-R-E-S

 

😂

Dude I'm using my phone to speak into it

 

That's how it's autocorrecting it lol

 

I know how it's spelled my phone apparently doesn't

Edited August 28, 2023 by Buffalo716

[Jauronimo]

If Terry is selling a minority stake in the Sabres to raise renovation funds then taking the Sabres out of PSE structure would be a necessary first step.  

 

I have heard that if it were totally up to Kim, the Pegulas would have sold the Sabres and been done with hockey a few years ago.  The reason that hasn't happened is because Terry loves hockey.  Terry put $100 million into Penn State's hockey program to bring them D-1.  I would be very surprised if Terry is giving up the Sabres. 

Edited August 28, 2023 by Jauronimo

[uticaclub]

What happens to MSG Western New York? That was owned by PSL & showed Bills & Sabres content.

[Jauronimo]

3 minutes ago, Buffalo716 said:

Dude I'm using my phone to speak into it

 

That's how it's autocorrecting it lol

 

I know how it's spelled my phone apparently doesn't

My phone also likes to change everything to "ducking sabers are blowing it again!"

[Mike in Horseheads]

The 🔥🔥 takes on here might burn the sight down SMH.