A little ownership news

[Palmetto]

http://www.charlotteobserver.com/news/business/article200129219.html

"This week, a source who declined to be identified because the bid is not public told the Observer the NASCAR drivers interested in joining the Sabates group include Johnson, Busch, Jeff Gordon and Dale Earnhardt Jr. The source also said Chip Ganassi, a team owner who is a business partner with Sabates, is also interested, as well as musician Kid Rock.

Ganassi declined to comment. Representatives for Kid Rock, who was born Robert James Ritchie, did not respond to requests for comment. A representative for Jeff Gordon could not immediately respond to a request for comment."

 

 

 

[Mr. Scot]

Mother of...

[PurityControl]

I just want the toilet flushed already.

Let’s GO!!  

[Ace_Aladdin]

Still pulling for MJ to come in for the bid.

 

[heel31ok]

4 hours ago, Woodie said:

Because the Titans are  only selling 1/3 of the team. They’re just looking for a minority investor to purchase .33 of the team. Nobody’s going to pay 600 million and have no say in how things are run or decisions that are made. 

depends on the return ...

[Paa Langfart]

1 hour ago, Ace_Aladdin said:

Still pulling for MJ to come in for the bid.

 

obvious - he is so successful as a professional sports team OWNER - how could it fail 

[Paa Langfart]

1 hour ago, heel31ok said:

depends on the return ...

What sort of return does one get on a depreciating asset these days ?

[pnthrs]

1 hour ago, Paa Langfart said:

obvious - he is so successful as a professional sports team OWNER - how could it fail 

He has increased revenue and brought the team back into relevancy.  For nba that’s huge. For nfl we are good. Ownership doesn’t = championship. 

[Mr. Scot]

I'm not especially interested in an owner who can make the team profitable.

I'm very interested in one who can put the right people in place to make it a winner.

[NanuqoftheNorth]

Need someone committed to the local community and winning.  City and state need to be prepared to play hardball if the new owner attempts to blackmail them to finance a new stadium.