BaltimoreSkins
03-24-2021, 11:48 AM
Pft is reporting Dan has bought out his minority partners
https://profootballtalk.nbcsports.com/2021/03/24/owners-will-vote-next-week-to-approve-purchase-of-washington-minority-interest-by-daniel-snyder/
Interesting that the request for debt waiver was approved by NFL finance committee they have rules on the percentage you can borrow to finance the team and he was already leveraged. Rich people breaking the rules for rich people.
Chico23231
03-24-2021, 11:59 AM
Interesting that the request for debt waiver was approved by NFL finance committee they have rules on the percentage you can borrow to finance the team and he was already leveraged. Rich people breaking the rules for rich people.
Yes...and they breaking these rules for someone with a major, organizational wide sexual harassment investigation? The investigation is either a sham too or is a nothing burger. No way they do this if the outcome was already determined.
The behind the scenes conversations about this would be fascinating with the NFL and other owners. I’m sure Snyder had some firepower behind him to get this done...Jerry Jones being probably acting top muscle in support
Forcing out minority owners instead of Snyder with all the scandal over the last couple years, it’s really something. Snyder in total control as the outcome
Redskins247
03-24-2021, 12:21 PM
Yes...and they breaking these rules for someone with a major, organizational wide sexual harassment investigation? The investigation is either a sham too or is a nothing burger. No way they do this if the outcome wasn't already determined.
The behind the scenes conversations about this would be fascinating with the NFL and other owners. I’m sure Snyder had some firepower behind him to get this done...Jerry Jones being probably acting top muscle in support
Forcing out minority owners instead of Snyder with all the scandal over the last couple years, it’s really something. Snyder in total control as the outcome
Fixed it for you. They were never going to do anything with Snyder but publicly slap him on the wrist and basically say, do a better job of not letting this stuff get out in the open!
irish
03-24-2021, 01:10 PM
Interesting that the request for debt waiver was approved by NFL finance committee they have rules on the percentage you can borrow to finance the team and he was already leveraged. Rich people breaking the rules for rich people.
WTOP is also reporting that DS is buying out the minority owners. This is bad news for WFT and its fans. DS is a lousy owner who will now be an empowered lousy owner. Until he's gone WFT will continue to be a bottom tier team.
Ruhskins
03-24-2021, 01:13 PM
WTOP is also reporting that DS is buying out the minority owners. This is bad news for WFT and its fans. DS is a lousy owner who will now be an empowered lousy owner. Until he's gone WFT will continue to be a bottom tier team.
I'm not thrilled about the news, but it's not like he was any less powerful before. Hell, a few years ago, I didn't know the team had minority owners.
BaltimoreSkins
03-24-2021, 01:38 PM
Yes...and they breaking these rules for someone with a major, organizational wide sexual harassment investigation? The investigation is either a sham too or is a nothing burger. No way they do this if the outcome was already determined.
The behind the scenes conversations about this would be fascinating with the NFL and other owners. I’m sure Snyder had some firepower behind him to get this done...Jerry Jones being probably acting top muscle in support
Forcing out minority owners instead of Snyder with all the scandal over the last couple years, it’s really something. Snyder in total control as the outcome
My guess is the former but I also view this as a positive for the NFL. Intense discord amongst the ownership group is not good for business and even though this isn't the franchise from my childhood it is a major market in probably the major division based on top to bottom team recognition alone. Removing one bad situation adds stability.
skinsfaninok
03-24-2021, 01:43 PM
I'm not thrilled about the news, but it's not like he was any less powerful before. Hell, a few years ago, I didn't know the team had minority owners.
Keim also reported it, oh well it is what it is. Can't lose sleep over it
JackLord
03-24-2021, 01:55 PM
Yes...and they breaking these rules for someone with a major, organizational wide sexual harassment investigation? The investigation is either a sham too or is a nothing burger. No way they do this if the outcome was already determined.
The behind the scenes conversations about this would be fascinating with the NFL and other owners. I’m sure Snyder had some firepower behind him to get this done...Jerry Jones being probably acting top muscle in support
Forcing out minority owners instead of Snyder with all the scandal over the last couple years, it’s really something. Snyder in total control as the outcome
As amazing as it may seem to us, the long suffering fanbase, the other owners actually like Snyder.
As for keeping WFT, yea ok, but we need a better "W". The current one reminds me of this:
https://www.wm.com/
Some cross marketing with the Nats and use of their curly W would be nice, but probably not in the cards.
skinsfaninok
03-24-2021, 02:14 PM
As amazing as it may seem to us, the long suffering fanbase, the other owners actually like Snyder.
As for keeping WFT, yea ok, but we need a better "W". The current one reminds me of this:
https://www.wm.com/
Some cross marketing with the Nats and use of their curly W would be nice, but probably not in the cards.
https://imagez.tmz.com/image/ac/4by3/2021/01/12/acb321da51174695a708b89791db9593_xl.jpg
The face of the franchise had this made for a reason ($100K)
It's here to stay
Monkeydad
03-24-2021, 02:49 PM
WTOP is also reporting that DS is buying out the minority owners. This is bad news for WFT and its fans. DS is a lousy owner who will now be an empowered lousy owner. Until he's gone WFT will continue to be a bottom tier team.
Owning 100% makes it easier to sell.