Ownership Cluster**** Thread: This is the last one, Really!
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08-23-2012, 07:02 PM
Join Date: May 2012
Originally Posted by
There is not one shred of evidence that GJ has the money to buy this team. All that exists is hearsay from the partisan voice of none other than Gary Bettman! Otherwise, no outside source has EVER confirmed the existence of his funds. All along he has been GB`s straw man presented to Glendale and anyone else gullible enough to hear his claims of largesse. His proposed ownership structure does not lend itself to the present day needs of todays NHL clubs! Never once has he enunciated his plans for the future cash needs of this franchise, which will be considerable. Based solely on the financial history of this organization and the failed bids of previous suitors it would not be out of the ordinary to see this bid fail as well. Under capitalized sports owners do not last long, he is playing in an arena with every owner a billionaire and capable of sustaining years of losses this does not seem to be the case with GJ! But then again, he has said virtually nothing, ask yourself why? He no longer has anything to be concerned with, GWI disappeared long ago and any other sources of discontent have gone away including the naysayers on the city council. Why have they all disappeared? because they all know this deal will never be consummated and is no longer worth their time in fighting it.
Perhaps you are inexperienced or don't understand how the deal process could work and it's potential pitfalls with a multiple investor group. The reason GJ has not said anything in the press is because of guys like you and this entire situation the last 3 years (false starts). GJ would be scrutinized and picked apart by his every word, and asked for a definitive date to close. If he says 2 weeks, 15 days later, see he lied, the deal is off, its fake, whatever. If I were him, or advising him, I would not say one word about any details, say whom the investors are, or the timing to the press. It could actually hurt the process.
There are literally hundreds of legitimate reasons why this can take longer then expected, and 98 of them do not have to do with weather he has the (99)money from investors or this is an (100) NHL derived scam. Once it either closes or falls apart, we will find out what all of the hoops were in the process. Crying wolf again, would anyone care or listen anyway, no, he needs to close it, then speak.
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