What happens if nobody buys the Bills?

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  • stuckincincy
    Buffalo Bills Fan
    • Sep 2003
    • 15084

    What happens if nobody buys the Bills?

    3 bidders, and it seems that the value is falling.
    Fiat justitia ruat caelum. Noli timere. Laus Deo.
  • better days
    Registered User
    • Jan 2010
    • 22028

    #2
    Re: What happens if nobody buys the Bills?

    Originally posted by stuckincincy View Post
    3 bidders, and it seems that the value is falling.
    Really?

    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.

    Comment

    • BillsOverDolphins
      All-Pro Zoner
      • Jun 2003
      • 2256

      #3
      Re: What happens if nobody buys the Bills?

      Originally posted by stuckincincy View Post
      3 bidders, and it seems that the value is falling.
      EJ's fault
      Oh no!...We suck again!

      Comment

      • stuckincincy
        Buffalo Bills Fan
        • Sep 2003
        • 15084

        #4
        Re: What happens if nobody buys the Bills?

        Originally posted by better days View Post
        Really?

        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.
        That'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?
        Fiat justitia ruat caelum. Noli timere. Laus Deo.

        Comment

        • better days
          Registered User
          • Jan 2010
          • 22028

          #5
          Re: What happens if nobody buys the Bills?

          Originally posted by stuckincincy View Post
          That'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?
          They 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.
          Last edited by better days; 09-02-2014, 01:35 PM.

          Comment

          • WagonCircler
            Escaped Convict
            • Jul 2002
            • 5876

            #6
            Re: What happens if nobody buys the Bills?

            Originally posted by stuckincincy View Post
            That'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?
            I'm pretty sure they will have to sell, or there will be eventual tax implications that they can't cover. They're between a rock and a hard place.

            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.

            Comment

            • stuckincincy
              Buffalo Bills Fan
              • Sep 2003
              • 15084

              #7
              Re: What happens if nobody buys the Bills?

              Originally posted by better days View Post
              They 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.

              Comment

              • MikeInRoch
                Registered User
                • Sep 2003
                • 10446

                #8
                Re: What happens if nobody buys the Bills?

                Originally posted by stuckincincy View Post
                They have been on the market for months. Months. Yet no sale, no firm offer.
                Has anyone been ALLOWED to make a firm offer? The sellers are driving the time table, not the buyers.
                "'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."

                Comment

                • stuckincincy
                  Buffalo Bills Fan
                  • Sep 2003
                  • 15084

                  #9
                  Re: What happens if nobody buys the Bills?

                  Originally posted by MikeInRoch View Post
                  Has anyone been ALLOWED to make a firm offer? The sellers are driving the time table, not the buyers.
                  It'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.
                  Fiat justitia ruat caelum. Noli timere. Laus Deo.

                  Comment

                  • HAMMER
                    I'm right, Miyagi is wrong.
                    • Jul 2003
                    • 8132

                    #10
                    Re: What happens if nobody buys the Bills?

                    Originally posted by stuckincincy View Post
                    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.
                    Don'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.

                    Comment

                    • better days
                      Registered User
                      • Jan 2010
                      • 22028

                      #11
                      Re: What happens if nobody buys the Bills?

                      Originally posted by stuckincincy View Post
                      It'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.
                      It is NOT up to the NFL, it is up to the trust Ralph set up to sell the team.

                      The NFL's only role is to approve the sale to the new owner.

                      Comment

                      • better days
                        Registered User
                        • Jan 2010
                        • 22028

                        #12
                        Re: What happens if nobody buys the Bills?

                        Originally posted by HAMMER View Post
                        Don'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.
                        I think Spiked or Fletch hijacked StuckinCincys account.

                        He is not usually this obtuse.

                        Comment

                        • trapezeus
                          Legendary Zoner
                          • Oct 2004
                          • 19525

                          #13
                          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.

                          Comment

                          • HAMMER
                            I'm right, Miyagi is wrong.
                            • Jul 2003
                            • 8132

                            #14
                            Re: What happens if nobody buys the Bills?

                            Originally posted by better days View Post
                            I think Spiked or Fletch hijacked StuckinCincys account.

                            He is not usually this obtuse.
                            He is half a troll.

                            Comment

                            • DynaPaul
                              Registered User
                              • Sep 2003
                              • 7540

                              #15
                              Re: What happens if nobody buys the Bills?

                              Let's do a public stock offer like the Packers to insure that they never move!

                              Comment

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