3 bidders, and it seems that the value is falling.
What happens if nobody buys the Bills?
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Re: What happens if nobody buys the Bills?
Originally posted by stuckincincy View Post3 bidders, and it seems that the value is falling.
The Toronto Sun just reported today that Bon Jovi is still a part of the Toronto group & that their bid is for $1.2 Billion which they are pessimistic will be enough.
Trump & Golisono are said to still be in the bidding as is Pegula who is expected to win.
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Re: What happens if nobody buys the Bills?
Originally posted by better days View PostReally?
The Toronto Sun just reported today that Bon Jovi is still a part of the Toronto group & that their bid is for $1.2 Billion which they are pessimistic will be enough.
Trump & Golisono are said to still be in the bidding as is Pegula who is expected to win.
What happens then?Fiat justitia ruat caelum. Noli timere. Laus Deo.
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Re: What happens if nobody buys the Bills?
Originally posted by stuckincincy View PostThat's not the point of this post - it was - what happens if nobody buys the Bills? What if this trust we hear so much about can't find a buyer at a price they like?
What happens then?
And you said the value of the Bills is falling when reports are it is higher than Forbes had said.Last edited by better days; 09-02-2014, 01:35 PM.
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Re: What happens if nobody buys the Bills?
Originally posted by stuckincincy View PostThat's not the point of this post - it was - what happens if nobody buys the Bills? What if this trust we hear so much about can't find a buyer at a price they like?
What happens then?
From my understanding, had Ralph left the team to Mary Wilson, the tax consequences would have been different, but that's not what he did.
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Re: What happens if nobody buys the Bills?
Originally posted by better days View PostThey sell at a price they don't like.
And you said the value of the Bills is falling when reports are it is higher than Forbes had said.
They have been on the market for months. Months. Yet no sale, no firm offer.
Not surprising...Congressmen holding hearings to make political hay about concussions, drugs, chirping about domestic violence now. A community taxed to death already, with a minority wanting to stick it to the other taxpayers for a new stadium, so they can have them pay for their yucks, even though those same will scream bloody murder about PSL costs if a new stadium happens. A city that has been under one party control for over a half a century, and will never change.
Ralph and the contract with the county nailed the team to the floorboards for 7 years to WNY. So there is no incentive to win.
The Bills don't seem to be an attractive asset.
And given the long-standing political machine in Bflo, it's a town that outside capital avoids.Last edited by stuckincincy; 09-02-2014, 02:20 PM.Fiat justitia ruat caelum. Noli timere. Laus Deo.
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Re: What happens if nobody buys the Bills?
Originally posted by stuckincincy View PostThey have been on the market for months. Months. Yet no sale, no firm offer."'Clean up your room.', 'Stand up straight.', 'Pick up your feet.', 'Take it like a man.', 'Be nice to your sister.', 'Don't mix beer and wine, ever.'. Oh yeah, 'Don't drive on the railroad track.'"
"Eh, Phil. That's one I happen to agree with."
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Re: What happens if nobody buys the Bills?
Originally posted by MikeInRoch View PostHas anyone been ALLOWED to make a firm offer? The sellers are driving the time table, not the buyers.Fiat justitia ruat caelum. Noli timere. Laus Deo.
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Re: What happens if nobody buys the Bills?
Originally posted by stuckincincy View PostThey have been on the market for months. Months. Yet no sale, no firm offer.
Not surprising...Congressmen holding hearings to make political hay about concussions, drugs, chirping about domestic violence now. A community taxed to death already, with a minority wanting to stick it to the other taxpayers for a new stadium, so they can have them pay for their yucks, even though those same will scream bloody murder about PSL costs if a new stadium happens. A city that has been under one party control for over a half a century, and will never change.
Ralph and the contract with the county nailed the team to the floorboards for 7 years to WNY. So there is no incentive to win.
The Bills don't seem to be an attractive asset.
And given the long-standing political machine in Bflo, it's a town that outside capital avoids.
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Re: What happens if nobody buys the Bills?
Originally posted by stuckincincy View PostIt's an odd thing, Mike. An NFL that likes to zip things along, makes efforts to insure stability within their business, yet here we are.
The NFL's only role is to approve the sale to the new owner.
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Re: What happens if nobody buys the Bills?
Originally posted by HAMMER View PostDon't be so dramatic, good God. Binding bids are due by the end of this week so you are wrong on firm offers as they aren't due yet. I firmly believe that Pegula will end up with the team. If the bids are close I think the trust will go back to Pegula and advise him to raise his bid in the interest of keeping the team in B-Lo.
He is not usually this obtuse.
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Re: What happens if nobody buys the Bills?
in corporate america, the time between an announced deal and the completion of an acquisition can take 6M to 1Y. Ralph died in March. The general information is that the bills are well within the timelines of what was initially proposed. I don't think this is a likely scenario.
The timeline seems to be really fast if nothing else.just because we want a new owner that will fire brandon doesn't mean that this is taking a long time from a real world perspective.
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