Phoenix XCVIII: 5tayin' Alive
View Single Post
07-28-2013, 11:39 PM
Join Date: Feb 2012
Originally Posted by
I think that's a confirmation that the financing, persons involved, and amounts have been in flux this entire time. Secondly, as Whileee points out below, the deal itself has changed, with risk assessment needed both for the ownership structure and liabilities and how that affects the NHL-- who are putting in $85 MM interest-free for five years.
Far from done at this point methinks.
It's really very difficult to see how they could possibly make any money.
I don't get Gosbee in this case. If it was 10 guys putting in 4.5 million each, I could see each one going "hey I can be an NHL owner for 5 years for 4.5 million and maybe I get that money back in 5 years when we bail but at worst I lose 4.5 million." But Gosbee taking $35 million worth of risk, he may be rich but he isn't David Thomson rich
View Public Profile
Find More Posts by aqib