Marshall Dylan wrote:
If the Pen's are really wanting to leave and simply have an excuse laden plan, why did they do their best to have a partnership with a company that would put such a blockbuster plan together?"
Never said they WANT to leave. Said that's the one and only backup plan. If they get the license, they profit. If not, they sell to someone who moves the franchise and they also profit.
You dismiss PLAN B, getting the license, as "looking shaky" 1) How is that their fault? 2) looking shaky assumes that they don't have the inside track Why pretell is that?
Because they didn't do the things necessary to present the deal that would be accepted. They knew it was political because they went out and hired political consultants. Now they're in danger of losing the race because the people they hired played the game badly.
Plan C as "give up"?? Laughable. Why are they even bother going to all this if they really wanted to move. They could have done so at many points during the 7 years Mario has owned the team. They could have moved way before the slots process...
You're forgetting they have a lease that runs through 2007...and the Lemieux Group was NEVER going to move the team. They're willing to sell it someone who will move.
The Pen's primary owners don't have $150 million. Maybe an investor in the group does, but the primary owners do not.
You don't need $150 million. You need to be able to raise $150 million. You partner with other corporations. You use Lemieux's goodwill in the community to get people on board. You call on Ron Burkle's connections. If, as promised, a new arena will bring in all kinds of business, it should be a profitable operation. The fact is the Pens have not done ONE thing to seek any private investment at all.
Nice, so you have decided that the Pen's support is small, and rabid to boot? Is that why 18 local politicians, and many of media have supported the IOC/Pen's plan??
The most rabid support comes from a few hundred people who post on this board, the same ones who will show up at the rally. It's a small group. It is not a groundswell. As far as the 18 politicians, look who they are. Jim Motznik? He doesn't have enough influence to get a parking ticket fixed. Pittsburgh Council, Allegheny Council have NO influence on a state decision. It's all a PR grab for them. Media support? What is that, Madden calling the governor names on a radio show that has a small audience? Sorry, that doesn't get things done. You need to look at the big picture.
Wow, just Madden and a bunch of posters here. That is a small group.
Stan Savran, Bob Pompeani, John Steigerwald, Bob Grove, all have voiced their support and have spoken at various times about. The PG ran an editoral in support of the Pen's plan. There is much support out there. If you are not aware of it, does not mean it doesn't exist.
Just because the Pen's are lacking the most critcal support you say it because they have not done what is necessary. Well, I say they have done what is necessary, maybe they have failed to grease the wheels by political contributions, but isn't that the problem? That is where the outrage comes from, that the fix may be in.
Which is it? You go back and forth from the Pen's did not do it right, to the Pen's should have "played the game" better? You mean outbribe?
If the Pen's needed $150 million, the number you supply, you act like that would have done it. They don't have that money. Burkle may have it, but he doesn't own the team, he is an investor. If it was on him, he would have simply bought the team.
"The Pen's have not done one thing to raise private investment..."
So because they didn't have a pre slots plan announced that has private investment, they did not try???? How do you know that?? Big assumption. It must have been there huh?
Their slots proposal, which is stunning, IS PRIVATE INVESTMENT, no matter how many times you dismiss, or not matter the fact that it can be turned down by a gaming board. That is the only way they found someone willing to partner, that is with the slots leverage.
So the 18 politicians don't count?? The fact they are not as powerful as the Govenor, does not speak on the weakness of the Pen's plan, but more on the fact the process might be corrupt. But I guess that is how the "game" is played.
The have a lease?? True, they have that promise to stay on their end. Which they are honoring, what about the promise made to them on the politicians end at the time of bankruptcy, promsing them funding?? So much for promises I guess. A lease? They could have gotten out of a lease. If the "powerful" people are not behind the Pen's plan now, you think they would have cared about them staying, and trying to get out of a lease. Which is it, they want them here or not?
You say they didn't do what is necessary, the Govenor and the local "Onorato and BOBO", politicians have lied to the Pen's and paid lip service, and the Pen's have not done what is necessary??? OH YEAH, IT IS THEIR FAULT.
Their proposal is out there. It is a tremendous one. If it is not chosen, it will because the powers that be have no use for them. How is that their fault?
If the bottom line to you is that the Pen's simply do not have enough financial muscle to build it on their own, whether through ownership dollars, or political clout, if you want to call that "their fault", yeah, then they are to blame.