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Posted
2 hours ago, BringBackFergy said:

This firm (and all the others) will never acquire more than 10-15% of the team. It’s a way for the Pegula’s to make money, save dollars for estate tax/capital gains, and basically….profit from a team. Nothing to see here. 

Never is a long time. We are talking huge sums of money here. Once the owners get a taste, they’ll be looking for more. Then the ownership rules will be relaxed. 

  • Thank you (+1) 1
Posted
1 hour ago, Bferra13 said:

You bring em in for a game, wine and dine them the night before, give them "good" suite seats, and leverage the hell out of Artimus Clyde Frog there for a twice as much as they were willing to pay.

 

 

download (1).jpeg

 

 

Actually looks like a pretty shittay seat to me. 

Posted
6 minutes ago, beerme1 said:

 

 

Actually looks like a pretty shittay seat to me. 

That was the joke lol. The Bills did this to Takeo Spikes last year when he was "Legend of the Game "

Posted

I'm looking forward to the future of people posting a new thread for every person who buys 0.01% of the team and the arguments that people on here will get into about them

Posted
9 hours ago, Malazan said:

I'm looking forward to the future of people posting a new thread for every person who buys 0.01% of the team and the arguments that people on here will get into about them

 

Allowing fans to buy slivers of teams would be awesome, which is exactly why the NFL won't do it. Billionaires don't let oafs and serfs join their party.

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Posted
14 hours ago, Bferra13 said:

That was the joke lol. The Bills did this to Takeo Spikes last year when he was "Legend of the Game "

Spikes was such a tool about it. Literally move to the left side of the box and voila! You can see!

  • Like (+1) 1
Posted

Given the appreciation of pro sports franchises, this seems like a good investment if the investor has the capital to do it.  They really don't need a vote or controlling interest.  They just buy in, sit tight while the value of their investment multiplies over the years, and can later sell and make a substantial profit.  It works for the majority owner too, as they get a capital infusion at a time when they might need it (such as to pay for stadium overrun costs).

 

Even the "lowly" Sabres organization has appreciated substantially in value over the years, so a (hypothetical) 10% stake from 10 years ago would have generated lot of money for one who would have owned it.

  • Agree 1
Posted
1 minute ago, Royale with Cheese said:

 

And I don't swing a big wood bat.  

 

Yeah, you already told us you're Korean 🫢

  • Haha (+1) 3
Posted
19 hours ago, ScotSHO said:

Do they still let the owners & team management decide how to run their business, or do they get a vote?  Or if they don't get a vote, do they blackmail ownership to get their way? 

Non- controlling minority interest…, 

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