Ownership Info from Darin Gantt

[LinvilleGorge]

9 minutes ago, Growl said:

If the league ramrods this team into choosing somebody I will never watch another NFL game.

Unfortunately, the way they’ve set it up that’s exactly what they can do if they want to. The NFL can force a sale of a franchise and they have to vote to approve and confirm a sale. They’re forcing JR to sale and if they really want Tepper then they can simply refuse to confirm any other buyer.

Sounds to me like Tepper is just trying to get into the club at a discounted rate because he knows he’s the guy they want. Ultimately the other owners would be cutting their own nose off to spite their face if they forced JR to take a lesser bid. It’s in their best interest for the Panthers to go for the maximum value possible. It’s Tepper’s own fault that he’s low balling and the owners should be pissed at him for trying to take advantage of their preference for him.

[Mr. Scot]

22 minutes ago, t96 said:

Good . fug bob kraft and the other owners . Go Navarro

Yeah, I kinda get the impression Panther fans don't really give a s--t what Bob Kraft wants.

 

17 minutes ago, Cracka McNasty said:

Bye shield at midfield

Wonder would have it removed himself before leaving office as a final "kiss my ass".

[Mr. Scot]

1 minute ago, LinvilleGorge said:

Unfortunately, the way they’ve set it up that’s exactly what they can do if they want to. The NFL can force a sale of a franchise and they have to vote to approve and confirm a sale. They’re forcing JR to sale and if they really want Tepper then they can simply refuse to confirm any other buyer.

Sounds to me like Tepper is just trying to get into the club at a discounted rate because he knows he’s the guy they want. Ultimately the other owners would be cutting their own nose off to spite their face if they forced JR to take a lesser bid. It’s in their best interest for the Panthers that’s drop for the maximum value possible. It’s Tepper’s own fault that he’s low balling and the owners should be pissed at him for trying to take advantage of their preference for him.

Tepper definitely didn't do them any favors by lowballing his bid.

They probably should be unhappy with him about that, but they still want him (read: his money) in the club, sooo...

[Growl]

8 minutes ago, Mr. Scot said:

Despite the talk, Newton believes Navarro will have no trouble getting approval.

Sounds like the talk might have just been posturing to scare Richardson, but he didn't blink.

 

Haven't seen anyone indicating that's possible.

David Tepper being talked into upping his bid is definitely possible, but not likely.

The article you posted sure seems to insinuate that the owners are pressuring Richardson into choosing one of their buddy boys

[rayzor]

36 minutes ago, Mr. Scot said:

- Over the past few months, Richardson has been known to be notably unhappy about the sale process

how would you be able to tell?

[Proudiddy]

There has to be some kind of hitch for it to have dragged on as long as it has.  That being said, I trust Darin as always accurate and well-sourced, always has been, but this info is kind of contrarian in itself...  if the league wants Tepper, but he isn't willing to budge much over 2B, but the league also wants the sale price as high as possible and Navarro has bid well over 2B already, then why would they want to sell to Tepper for reportedly 500M less?  Makes zero sense.

And honestly, after the stuff I've read, at this point, I'd be both disappointed and pissed off if Navarro doesn't become the new owner.  Our franchise and fanbase have been the NFL's bitch long enough, leave us the fug alone and GFYS billionaire boys club.  Let us pick the owner we want you assholes.

[Woodie]

9 minutes ago, LinvilleGorge said:

If the league really doesn’t want Navarro they simply wouldn’t vote the sale through. The NFL has to approve any sale.

But if he checks all the boxes they might have a difficult time with that.  By the time the vote takes place, Navarro will have been vetted, and if he passes that, the owners might not have any legit reason to not approve him.  I think if Tepper matched the offer of Navarro, they might have some more power to effect things.  But they would be treading some very shaky legal ground by not approving a guy that passed all of their criteria for ownership and trying to force JR into taking hundreds of millions less for the team.  It's also a precedence I don't think any owner would want to set.

 

[TheSpecialJuan]

This explains the glowing piece on Navarro by David Newton yesterday. Navarro's people feeding info to Newton so we can all see what a great guy he is. 

[hepcat]

League favors Tepper because of his league connections and because they doesn't like how Navarro made his money by buying up debt consolidations. Navarro seems down to earth and the more I read about him, the more I like him. I agree with one thing, it's time for Richardson to go. Dragging this out looks bad for everyone involved. 

[Mr. Scot]

7 minutes ago, Growl said:

The article you posted sure seems to insinuate that the owners are pressuring Richardson into choosing one of their buddy boys

Oh, I have no doubt they're doing exactly that.

But while they can most certainly force him to sell, they can't force him to sell to Tepper without a really long drawn out process that makes the story become bigger news, reminds everyone of the scandal and drives down the sale price for this team, and by extension the next one too.

That'd be a pretty stupid path to take.

[Woodie]

2 minutes ago, Proudiddy said:

There has to be some kind of hitch for it to have dragged on as long as it has.  That being said, I trust Darin as always accurate and well-sourced, always has been, but this info is kind of contrarian in itself...  if the league wants Tepper, but he isn't willing to budge much over 2B, but the league also wants the sale price as high as possible and Navarro has bid well over 2B already, then why would they want to sell to Tepper for reportedly 500M less?  Makes zero sense.

And honestly, after the stuff I've read, at this point, I'd be both disappointed and pissed off if Navarro doesn't become the new owner.  Our franchise and fanbase have been the NFL's bitch long enough, leave us the fug alone and GFYS billionaire boys club.  Let us pick the owner we want you assholes.

I don't think it's as much contrarian as the league wanting one thing and neither JR nor Tepper falling in line.  While I get the league wants Tepper to get it, they may be a bit upset with him as well for not matching Navarro's offer.  They want JR to sell to Tepper, but they also have to realize that Tepper has to at least provide a competitive offer.  Otherwise, even if JR was completely on board with him, he probably wouldn't win the bid with a low ball offer.

[Mr. Scot]

4 minutes ago, Woodie said:

But if he checks all the boxes they might have a difficult time with that.  By the time the vote takes place, Navarro will have been vetted, and if he passes that, the owners might not have any legit reason to not approve him.  I think if Tepper matched the offer of Navarro, they might have some more power to effect things.  But they would be treading some very shaky legal ground by not approving a guy that passed all of their criteria for ownership and trying to force JR into taking hundreds of millions less for the team.  It's also a precedence I don't think any owner would want to set.

Newton said something that indicated the vetting of Navarro is pretty much completed.

And yeah, I think his "low key billionaire" piece is likely a pretty good sign that the league is coming to terms with Navarro owning the Panthers.

Gantt says we'll know before the Draft.  I've heard more than one person say we could know as early as next week.

[rayzor]

40 minutes ago, Mr. Scot said:

Unfortunately for all his fans in league ownership, Tepper lowballed the bid.

if the league wants him to own the team, regardless of his bid, what incentive would there be for him to stay active in the bidding. everyone can keep one upping each other even pushing 3bil while he sits there saying "i'm not going to go above 2.3bil" and still end up winning. playing that game makes me actually like him more. the league likes him, but he's still going to play by his rules.

[Mr. Scot]

Just now, rayzor said:

if the league wants him to own the team, regardless of his bid, what incentive would there be for him to stay active in the bidding. everyone can keep one upping each other even pushing 3bil while he sits there saying "i'm not going to go above 2.3bil" and still end up winning. playing that game makes me actually like him more. the league likes him, but he's still going to play by his rules.

I think they're still hoping that either he ups his bid or Richardson changes his mind, and they're probably quietly nudging both of them toward those ends.

Of the two, I think the more likely is that Tepper ups his bid...a little.  Don't think he'll match what Navarro is bidding.

I'd add that if Woodie's theory about Jim Goodnight working with Navarro were to prove true, that's game over.