Skinsinparadise Posted February 28, 2023 Share Posted February 28, 2023 (edited) Snyder remains reluctant to sell of Bezos, although two sources said league execs and team owners have attempted to facilitate a deal between the two in recent weeks. The other option is Snyder will decide to keep the team since the bids haven’t reached the $7 billion figure he’s sought. While owners had waited until the sale process to conclude to push for a removal that requires 24 votes, sources expect the effort to really gain momentum if Snyder opts not to sell. Edited February 28, 2023 by Skinsinparadise 5 1 2 Link to comment Share on other sites More sharing options...
PleaseBlitz Posted February 28, 2023 Share Posted February 28, 2023 21 minutes ago, profusion said: He'd need another waiver to finance a new stadium if he can't get taxpayer funding. No way the league grants another waiver and puts the franchise even more at risk of being seized by creditors if he defaults. Having the team seized by creditors seems like a pretty solid option at this point. They'd sell the team to Bezos. 1 Link to comment Share on other sites More sharing options...
ExoDus84 Posted February 28, 2023 Share Posted February 28, 2023 1 minute ago, PleaseBlitz said: Having the team seized by creditors seems like a pretty solid option at this point. They'd sell the team to Bezos. I desperately need to see a few IKEA employees carrying away Dan's office furniture. Inject that **** straight into my veins. 1 14 1 Link to comment Share on other sites More sharing options...
Zim489 Posted February 28, 2023 Share Posted February 28, 2023 4 hours ago, PigskinRedskin said: Pretty much every time Ron is at the podium these days: I think hes an incompetent boob but he easily has one of the worst jobs in sports 1 8 Link to comment Share on other sites More sharing options...
BringMetheHeadofBruceAllen Posted February 28, 2023 Share Posted February 28, 2023 Just think...all of this could have been avoided if Goodell just released a written Wilkinson report in the first place. 8 1 1 2 Link to comment Share on other sites More sharing options...
CobraCommander Posted February 28, 2023 Share Posted February 28, 2023 We are the Commanders because Danny boy was too cheap to pay for Redwolves. 1 6 2 Link to comment Share on other sites More sharing options...
BringMetheHeadofBruceAllen Posted February 28, 2023 Share Posted February 28, 2023 Just now, CobraCommander said: We are the Commanders because Danny boy was too cheap to pay for Redwolves. It could have been done. After all, we have Panthers and Tigers and Bears (oh my) in several different sports...heck the CFL even had two teams with the Roughriders name at the same time!! Link to comment Share on other sites More sharing options...
Zim489 Posted February 28, 2023 Share Posted February 28, 2023 1 4 Link to comment Share on other sites More sharing options...
skinsfan66 Posted February 28, 2023 Share Posted February 28, 2023 3 hours ago, PleaseBlitz said: This is not true. You can easily take out a loan or a line of credit against the equity in your home, which is exactly what Snyder has repeatedly done with his largest asset. High interest rates right now, not a good idea to do a 2nd mort. If he has a variable rate he is paying out the Ass right now. Link to comment Share on other sites More sharing options...
bird_1972 Posted February 28, 2023 Share Posted February 28, 2023 Just now, skinsfan66 said: High interest rates right now, not a good idea to do a 2nd mort. If he has a variable rate he is paying out the Ass right now. Sell the Lady S! Link to comment Share on other sites More sharing options...
BringMetheHeadofBruceAllen Posted February 28, 2023 Share Posted February 28, 2023 2 minutes ago, bird_1972 said: Sell the Lady S! It's been sitting in Barcelona for two weeks...https://www.vesselfinder.com/vessels/details/1013121 Link to comment Share on other sites More sharing options...
Skinsinparadise Posted February 28, 2023 Share Posted February 28, 2023 (edited) Listening to the ESPN writer. The gist. 61 page report which he read through as to the records about minority parters versus Dan --Dan's cash flows issues, liquidity, was a major theme, all over that report, and he needs loans to keep up his "lavish lifestyle". The valuation of the team may be skyhigh but there is a lot of debt. Dan didn't want the minority partners to sell to anyone else. He suggested that he didn't think Dan would want new partners to go through the books considering all that was being questioned at the time. Makes me wonder about the NY Post writer who is covering the sale who said a few days ago he heard that some prospective owners complained that Dan hasn't been as forthcoming as they'd like about the financial books. Edited February 28, 2023 by Skinsinparadise 2 2 Link to comment Share on other sites More sharing options...
PleaseBlitz Posted February 28, 2023 Share Posted February 28, 2023 3 minutes ago, skinsfan66 said: High interest rates right now, not a good idea to do a 2nd mort. If he has a variable rate he is paying out the Ass right now. He took out the $450M in March of 2022, which is just as they started going up from historic lows. Link to comment Share on other sites More sharing options...
Zim489 Posted February 28, 2023 Share Posted February 28, 2023 With each passing tweet the more and more I think he ends up in jail 2 1 Link to comment Share on other sites More sharing options...
NewCliche21 Posted February 28, 2023 Share Posted February 28, 2023 Just now, Zim489 said: With each passing tweet the more and more I think he ends up in jail TWITTER TWEET FASTER 13 1 Link to comment Share on other sites More sharing options...
TD_washingtonredskins Posted February 28, 2023 Share Posted February 28, 2023 3 hours ago, Est.1974 said: He’s clearly in the ****, but yeah I agree with you. Our cash spend was relatively low in 2022, I believe ranked 23 from 32 in actual cash spend. Interestingly higher than 2 of our divisional rivals. This year we are currently projecting a similar ranking. The FA period will clearly impact that. But it’s not like we’re rock bottom in the league by millions. What type of cash spend? Is that a measure of "cash spend" on player acquisition? That ranking wouldn't be shocking, but I would suspect it's far lower when you factor in total franchise operations...they pinch pennies with their stadium, their practice facility, etc. so when it comes to evaluating how Snyder runs the organization, you have to factor more than just what he spends on players and coaches. Link to comment Share on other sites More sharing options...
Fan since a Fetus Posted February 28, 2023 Share Posted February 28, 2023 From Riches to Rags. The real life story how one guy scammed enough people at his telecom company to buy a professional sports franchise and scammed the league as well brining about his downfall. We go live in Dan’s trailer at Humping Daisys Trailer Park. 2 2 Link to comment Share on other sites More sharing options...
SoCalSkins Posted February 28, 2023 Share Posted February 28, 2023 (edited) 6 minutes ago, TD_washingtonredskins said: What type of cash spend? Is that a measure of "cash spend" on player acquisition? That ranking wouldn't be shocking, but I would suspect it's far lower when you factor in total franchise operations...they pinch pennies with their stadium, their practice facility, etc. so when it comes to evaluating how Snyder runs the organization, you have to factor more than just what he spends on players and coaches. He pays himself 10 million a year in salary. He leases his planes to the team at a profit. He charges 4.5 million a year to have the logo on his plane. He writes off 60 personal employees who run his houses and boat as a Commanders expense. He charges the team for the security he takes on his boat trips to Europe. All of that decimates the available cash flow in the business regardless of how cheap he is with the stadium, practice facility and the rest. Edited February 28, 2023 by SoCalSkins 3 Link to comment Share on other sites More sharing options...
The Sisko Posted February 28, 2023 Share Posted February 28, 2023 Oh. My. GOD!! I would have been more than satisfied with Farquaad being forced to sell the team. However, could prison time possibly be in the offing? Holy crap. I'm at half chub at just the outside possibility of it happening. 8 Link to comment Share on other sites More sharing options...
Skinsinparadise Posted February 28, 2023 Share Posted February 28, 2023 (edited) NY Post writer just on 106.7 A. His feeling is the attempt of a sale was likely a ruse by Dan to say I tried but people didn't meet my price so i am keeping the team. He thinks this dynamic likely changed with recent events B. Fellow owners would love to have Bezos, the Commissioner would, too C. If Dan isn't willing to sell to Bezos, recent events might help change that D. Wonders if Dan lets it go to the owners meeting where they might force him out. E. He actually thinks Fretitta is the front runner (as far as I can tell he's the only one who thinks that). He thinks Josh is the more likely to balk at the 6 billion price not because he can't find the money but would see it as overpriced F. He thinks we will know how this will unfold in the next few weeks G. Danger for Dan here to drag his feet. Previously, it was a question mark whether the owners would vote him out, but now he thinks the odds increased that they would Edited February 28, 2023 by Skinsinparadise 2 3 Link to comment Share on other sites More sharing options...
CapsSkins Posted February 28, 2023 Share Posted February 28, 2023 (edited) I wonder if this $55M loan thing is what Logan Paulsen referenced when he said Ron & Co. were dealing with things in the building that no one had any idea about and were super serious. It's quite possible they got subpoenaed. Edited February 28, 2023 by CapsSkins Link to comment Share on other sites More sharing options...
Skinsinparadise Posted February 28, 2023 Share Posted February 28, 2023 Link to comment Share on other sites More sharing options...
CobraCommander Posted February 28, 2023 Share Posted February 28, 2023 4 minutes ago, CapsSkins said: I wonder if this $55M loan thing is what Logan Paulsen referenced when he said Ron & Co. were dealing with things in the building that no one had any idea about and were super serious. It's quite possible they got subpoenaed. I doubt he would have any knowledge of those things. They are more likely to be people on the business end of things that get called on. Link to comment Share on other sites More sharing options...
CapsSkins Posted February 28, 2023 Share Posted February 28, 2023 (edited) 2 minutes ago, CobraCommander said: I doubt he would have any knowledge of those things. They are more likely to be people on the business end of things that get called on. On the contrary, to the extent Ron was given directives by ownership around spending and budget and potentially cash flow reasons for those parameters, investigators will want to know. Meanwhile: live footage of Jason Wright after getting subpoenaed by a grand jury: Edited February 28, 2023 by CapsSkins 2 1 5 Link to comment Share on other sites More sharing options...
CobraCommander Posted February 28, 2023 Share Posted February 28, 2023 1 minute ago, CapsSkins said: On the contrary, to the extent Ron was given directives by ownership around spending and budget and potentially cash flow reasons for those parameters, investigators will want to know. Well, what would Dan have said to him? "Hey, we can't sign Amari Cooper because I'm embezzling money so I can have parties on my yacht." I'm not doubting it but it just sucks. We don't need our HC embroiled in this bull**** when he is supposed to be running the team. 1 3 Link to comment Share on other sites More sharing options...
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