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newarenanow wrote:Stoosh, or anyone else, what do you mean when Rossi says he doesn't always buy what the PEns are selling.
Corban87 wrote:newarenanow wrote:Stoosh, or anyone else, what do you mean when Rossi says he doesn't always buy what the PEns are selling.
By that they are not close to a deal. He feels that both sides are trying to stay quite, so they can make a big splash together in the announcement.
td_ice wrote:Corban87 wrote:newarenanow wrote:Stoosh, or anyone else, what do you mean when Rossi says he doesn't always buy what the PEns are selling.
By that they are not close to a deal. He feels that both sides are trying to stay quite, so they can make a big splash together in the announcement.
Yeah he did say that things might be super close, but that they want everything detail proof/iron clad for any announcement so that something does not blow up in their face. So that when they do make an announcement it is final and they can make a big PR splash.
MarioLemieux1992 wrote:he is the majority owner though....dboss wrote:Right, but that is Burkle. Burkle and the LGP are totally separate for legal purposes. Burkle has not earned a $$$ from this 'investment' yet so I see no need for him to just pay the fee. If Burkle were just to write a check he would want something in return, such as a higher % of ownership in the club.
Mad City Mike wrote:MM closed with shot at LGP yet again, criticizing those who hang on every message board post.
MarioLemieux1992 wrote:i wish he was stuipeddboss wrote:MarioLemieux1992 wrote:he is the majority owner though....dboss wrote:Right, but that is Burkle. Burkle and the LGP are totally separate for legal purposes. Burkle has not earned a $$$ from this 'investment' yet so I see no need for him to just pay the fee. If Burkle were just to write a check he would want something in return, such as a higher % of ownership in the club.
Yes, but why would Burkle just throw $10 million away just to pay off IoC, especially when its a limited partnership, without getting something in return? That is not a smart business move and Burkle is not a stupid business man, as evidenced by his accumulated wealth.
Stoosh wrote:Haha! Madden closes by asking if the people who follow this situation on the message boards like carp grasping for every nugget should be considered pathetic. Rossi said those people should be considered exhausted.
bill from turtle creek wrote:Yes, we still don't have an answer to my pizza box question.
bill from turtle creek wrote:Yes, we still don't have an answer to my pizza box question.
MarioLemieux1992 wrote:and mario isn't talking..JDJ8766 wrote:So, to summerize what has come out today:
Fontana says they are close.
Madden says they haven't spoken in 5 or 6 days and Fontana isn't a good source of information.
Rossi says a deal could be done today or tomorrow.
Ravenstahl says they are close, but a face-to-face meeting is needed.
Rendell says a deal isn't close and this should be done by the end of February.
Also, a middle ground on development rights and/or revenue has been reached, but the sticking point is the $10 million payment to IOC. Rendell has reportedly offered a higher payment for the St. Francis property to offset this loss.
Did I miss anything?
MarioLemieux1992 wrote:you just hate me cause i'm whitedboss wrote:bill from turtle creek wrote:Yes, we still don't have an answer to my pizza box question.
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