Exactly, they not only aint taking a hit on their share of the Jets, but any fire sale devalues the other clubs they already own.Originally Posted by belchardo
If the sticker price is $25m for the new licences then the Jets number has to be close to that. No doubt it wont be all cash but there will be other financial gymnastics done to 'value' the club at the highest possible number.
Again, they need investors who have $25m to burn, because theyll be burning plenty more on the way to their ultimate goal which is getting the club valuations rising in line with other sporting franchises around the world. Clubs wont make a cent along the way, but in 10-15 years time they are worth $100m+ then they win.
Still no idea why they havent created a bidding war with the middle eastern soveriegn funds. Morals be damned it changes everything and sets us on a path to a real league (gets rid of salary caps, player caps etc that has always held us back).
Except the gypos, theyll always be poor, because they are gypos.
Hail Griff.
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