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Did Richardson sell part of the team?

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Posted

He owns 48% of the franchise, was there a time he owned more than 50% or has it always been 48%?

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Posted

There has always been an ownership group, he just has the biggest piece of the pie chart so he's the owner.

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Posted

lol he said pie chart.

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Posted

lol he said pie chart.

PIE CHARTS?!?!?!?.... We talkin bout PIE CHARTS?!?!?

richardson.jpg

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Posted

If my memory is correct at least one of his sons and maybe even other family members also own parts of the franshise. But that could have changed when he fired them. I'm not sure.

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Posted

If my memory is correct at least one of his sons and maybe even other family members also own parts of the franshise. But that could have changed when he fired them. I'm not sure.

From what I read the 48% includes all family owned stock.

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Posted

It's surprising if the family ownership isn't greater than 50%. That means the other partners could get together and oust him or his designated heir at any time.

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Posted

It's surprising if the family ownership isn't greater than 50%. That means the other partners could get together and oust him or his designated heir at any time.

I thought the same thing, if someone wanted to move the team out west they technically could.

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Posted

I just hope the other owner isn't Bobcat Johnson

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Posted

From what I read the 48% includes all family owned stock.

Yep.

The Big Cat says "I have 14 partners here in town. I own approximately 48 percent of the team, or our family does. And 52 percent is owned by partners."

Read more here: http://www.newsobserver.com/2011/01/05/900166/owner-looks-back-ahead.html#storylink=cpy

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Posted

the list of associate owners isn't current, but included a few top Real Estate guys, the Belk family, Erskine Bowles,

There weren't any bank guys on there (Hugh McColl, etc). Richardson says "or my family does" since each of the siblings and his wife own portions as well.

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