Minority Owners of the Skins Want Out.

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skinsfan69
07-06-2020, 08:59 AM
The team sold for 800 million in 1999. It is now worth 3 billion? They have to deal w/ Snyder and his inability to manage, which has run the fanbase into the ground. They have no say or power in decision making. They're probably disgusted and embarrassed by what has happened and want to cash out. Problem is who would want to buy into the Redskins right now? The article says they hired a firm to do a search? So I guess that means Snyder has no say in who they sell to. Also when can we just put to bed Joe Gibbs? I swear we need to make some new memories around here... badly.

jamf
07-06-2020, 09:40 AM
Or they fear they DS will fuck up the name change and lose a significant chunk of the fan base.

Rebranding to a fan base that lives in the glory years because the team has been shit for 28 seasons is going to be difficult and I have no doubt DS will shit the bed on this one.

Hopefully Nike can take the lead and get us something that will appeal to a younger fan base.

Chico23231
07-06-2020, 09:51 AM
Or they fear they DS will fuck up the name change and lose a significant chunk of the fan base.

Rebranding to a fan base that lives in the glory years because the team has been shit for 28 seasons is going to be difficult and I have no doubt DS will shit the bed on this one.

Hopefully Nike can take the lead and get us something that will appeal to a younger fan base.

Maybe Nike’s experience can play a role from there hands on business with names such as the concentration camps or sweat shops. Literally using slave labor

irish
07-06-2020, 10:51 AM
I don't know how the ownership split is structured and what the percentages are but is it possible that one person could buy out all the minority owners and become the majority owner?

Pervis_Griffith
07-06-2020, 10:57 AM
Interesting.

Possibly seeing NFL revenues taking a serious hit this year ... and maybe cashing out on the high of a name change is too enticing to pass up.

They may have to ride out the revenue losses the NFL is sure to sustain in the short term, for a while. Which may be too long for them to want to ride out.

I don't see this impacting the Skins any though. As far as play on the field.

Pervis_Griffith
07-06-2020, 11:06 AM
Wait a second ...


Should we really be calling them "minority owners"??

I mean ... that can be taken so many ways. And not many of those ways are really ... good.


We are trying to be a non-offensive franchise now, right?

Back2RFK
07-06-2020, 11:20 AM
I don't know how the ownership split is structured and what the percentages are but is it possible that one person could buy out all the minority owners and become the majority owner?

They own 40% of the stock that won't change buy selling the stock.

Burgold
07-06-2020, 12:04 PM
Haaaaaaaaaaaaa,talk about jumping off a sinking ship!!

irish
07-06-2020, 12:10 PM
They own 40% of the stock that won't change buy selling the stock.

Thanks. There goes that hope down the drain.

Redskins247
07-06-2020, 12:56 PM
According to Kevin Sheehan, it is possible that the minority owners and the NFL could force Snyder to sell his majority ownership...so this could be big. I hate losing the Redskins name, but if it came with getting Snyder out, it would be worth it.

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