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Preds ownership shores up team finances

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01-04-2011, 03:14 PM
  #1
66Falconboy
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Preds ownership shores up team finances

http://www.tennessean.com/article/20...+team+finances

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01-04-2011, 03:19 PM
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Legionnaire11
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Brett Wilson to join in soon?

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01-04-2011, 09:13 PM
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PredsV82
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Quote:
Originally Posted by Legionnaire11 View Post
Brett Wilson to join in soon?
Wilson will only be diluting freemans share, he wont be adding any capital or kicking any any funds for operating expense.

this is about getting a stable long term loan that allows the team to budget its yearly interest costs for many years in advance, not just the three years that the previous loan had been for.

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01-04-2011, 09:17 PM
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101st_fan
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The most important thing would be to solidify the current financial terms between the city and team. Maintaining the current performance and management fees is crucial to the team's financial success. Hopefully Metro realizes that if they reduce the management fee, they then remove the cap on their financial exposure and keep the current structure. Then again, we are dealing with Metro.

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