Warpath  

Home | Forums | Donate | Shop




Go Back   Warpath > Commanders Football > Locker Room Main Forum


Josh Harris = New Owner!?

Locker Room Main Forum


Reply
 
Thread Tools Display Modes
Old 05-12-2023, 04:23 PM   #1
EdmundDorf
The Starter
 
EdmundDorf's Avatar
 
Join Date: Apr 2008
Location: UK, South
Posts: 1,919
Re: Josh Harris = New Owner!?

Ian Rapoport on Twitter

The #Commanders and Josh Harris have a deal.

https://twitter.com/RapSheet/status/...srMvzJtgg&s=19
EdmundDorf is offline   Reply With Quote
Old 05-12-2023, 04:25 PM   #2
EdmundDorf
The Starter
 
EdmundDorf's Avatar
 
Join Date: Apr 2008
Location: UK, South
Posts: 1,919
Re: Josh Harris = New Owner!?

Adam Schefter on Twitter

The purchase and sale agreement calls for Josh Harris and partners to acquire the Washington Commanders from the Snyder family. The agreement is subject to NFL approval as well as the satisfaction of customary closing conditions.
EdmundDorf is offline   Reply With Quote
Old 05-12-2023, 04:36 PM   #3
EdmundDorf
The Starter
 
EdmundDorf's Avatar
 
Join Date: Apr 2008
Location: UK, South
Posts: 1,919
Re: Josh Harris = New Owner!?

JP Finlay on Twitter

Asked Commanders source if this is an exclusive agreement between the Snyders and Josh Harris, “signed agreement. Final.”
EdmundDorf is offline   Reply With Quote
Old 05-16-2023, 03:36 PM   #4
Are Jay
Camp Scrub
 
Are Jay's Avatar
 
Join Date: Nov 2022
Posts: 99
Re: Josh Harris = New Owner!?

Another article. Quite a good one.

https://www.espn.com/nfl/story/_/id/...all-dan-snyder
Are Jay is offline   Reply With Quote
Old 05-17-2023, 07:58 AM   #5
GridIron26
Playmaker
 
GridIron26's Avatar
 
Join Date: Mar 2007
Location: Englewood, CO
Age: 35
Posts: 3,268
Re: Josh Harris = New Owner!?

Nice article. It sounds like Harris and the group are making a big bet on this move based on the future expectations.
GridIron26 is offline   Reply With Quote
Old 05-17-2023, 08:42 AM   #6
MTK
\m/
 
MTK's Avatar
 
Join Date: Feb 2004
Location: NY
Age: 51
Posts: 99,427
Re: Josh Harris = New Owner!?

Even Snyder has to know there will be a huge bump due to his departure.
__________________
Support The Warpath! | Warpath Shop
MTK is offline   Reply With Quote
Old 05-18-2023, 07:39 PM   #7
nonniey
The Starter
 
nonniey's Avatar
 
Join Date: Sep 2011
Location: AZ
Posts: 1,525
Re: Josh Harris = New Owner!?

Sucks that it looks like we'll be going into the season without the sale being completed. Was hoping last season would be Snyders last.
nonniey is offline   Reply With Quote
Old 05-19-2023, 08:17 AM   #8
Giantone
Gamebreaker
 
Giantone's Avatar
 
Join Date: Apr 2006
Posts: 13,644
Re: Josh Harris = New Owner!?

Quote:
Originally Posted by nonniey View Post
Sucks that it looks like we'll be going into the season without the sale being completed. Was hoping last season would be Snyders last.


All that is needed is an Owners ok and it's a done deal!
__________________
....DISCLAIMER: All of my posts/threads are my expressed typed opinion and the reader is not to assume these comments are absolute fact, law, or truth unless otherwise stated in said post/thread.
Giantone is offline   Reply With Quote
Old 05-19-2023, 09:28 AM   #9
EdmundDorf
The Starter
 
EdmundDorf's Avatar
 
Join Date: Apr 2008
Location: UK, South
Posts: 1,919
Re: Josh Harris = New Owner!?

Quote:
Originally Posted by nonniey View Post
Sucks that it looks like we'll be going into the season without the sale being completed. Was hoping last season would be Snyders last.
There will be another owners meeting before the start of the season so plenty of time yet, just hope the delay does not affect getting players contracts signed.
EdmundDorf is offline   Reply With Quote
Old 05-20-2023, 11:46 PM   #10
That Guy
Living Legend
 
That Guy's Avatar
 
Join Date: Jun 2004
Location: VA
Age: 41
Posts: 17,511
Re: Josh Harris = New Owner!?

they needed more time to review the financials. Harris isn't as liquid as they'd like, but they want Snyder out, so I imagine it'll go through by August.
That Guy is offline   Reply With Quote
Old 05-21-2023, 06:55 AM   #11
SolidSnake84
Playmaker
 
SolidSnake84's Avatar
 
Join Date: Oct 2009
Location: Stephens City, VA
Posts: 2,947
Re: Josh Harris = New Owner!?

Quote:
Originally Posted by That Guy View Post
they needed more time to review the financials. Harris isn't as liquid as they'd like, but they want Snyder out, so I imagine it'll go through by August.
The twitter news feed / speculation seems to have the "new" timeline as sometime between late summer and mid Fall. I have saw late September - early October floated around as well.
__________________
Time to nut up or shut up
SolidSnake84 is offline   Reply With Quote
Old 05-21-2023, 09:44 AM   #12
sdskinsfan2001
Living Legend
 
sdskinsfan2001's Avatar
 
Join Date: Sep 2010
Location: Hanahan, South Carolina
Age: 41
Posts: 19,466
Re: Josh Harris = New Owner!?

If this bleeds into the season, it's just middle finger to us from the NFL.

4 months should be plenty of time to review.

My guess is it's approved I'm early July.
__________________
Turkish: What's happening with them sausages, Charlie?
Sausage Charlie: Five minutes, Turkish.
Turkish: It was two minutes five minutes ago.
sdskinsfan2001 is offline   Reply With Quote
Old 05-28-2023, 07:19 PM   #13
FrenchSkin
Playmaker
 
FrenchSkin's Avatar
 
Join Date: Jun 2011
Location: Yokohama, Japan
Posts: 4,525
Re: Josh Harris = New Owner!?

Quote:
Originally Posted by That Guy View Post
they needed more time to review the financials. Harris isn't as liquid as they'd like, but they want Snyder out, so I imagine it'll go through by August.
Haven't see that posted anywhere, here's a breakdown of the NFL Financial Committee issues with Josh Harris group's financing .

Basically, 1B$ of unsecured debt, some said this "would be a leveraged buy out", is the main issue, and they don't love the fact there are more than 24 partners if you count investors inside the Limited Partners groups, nor the fact Snyder would be getting half of the incremental increase of Commanders gross revenue for 2 years.

Josh Harris being the only legit bid of that amount, one can hope the NFL doesn't blow its opportunity to get rid of Snyder, but those are not just a couple of misplaced comma in the contract...
__________________
Derz Ambassaderz in the Land of the Rising Sun. Oui Monsieur.
FrenchSkin is offline   Reply With Quote
Old 05-28-2023, 09:29 PM   #14
mooby
Hug Anne Spyder
 
mooby's Avatar
 
Join Date: Mar 2005
Posts: 20,355
Re: Josh Harris = New Owner!?

Frenchie, hasn't been an NFL fan taught you anything?

The financials can always be reworked. There's always money that can be moved around.

Harris put forth the bid he thought would work, it isn't good enough for the NFL so he and the other owners need to get together and make the numbers work. It'll happen.
__________________
Hail to the Football Team
mooby is offline   Reply With Quote
Old 05-29-2023, 07:19 PM   #15
FrenchSkin
Playmaker
 
FrenchSkin's Avatar
 
Join Date: Jun 2011
Location: Yokohama, Japan
Posts: 4,525
Re: Josh Harris = New Owner!?

Quote:
Originally Posted by mooby View Post
Frenchie, hasn't been an NFL fan taught you anything?



The financials can always be reworked. There's always money that can be moved around.



Harris put forth the bid he thought would work, it isn't good enough for the NFL so he and the other owners need to get together and make the numbers work. It'll happen.
Oh yeah I'm not freakin out like "it ain't going to happen", but this is still a quite significant development, and I hope it doesn't linger on too much.

Envoyé de mon SHV48 en utilisant Tapatalk
__________________
Derz Ambassaderz in the Land of the Rising Sun. Oui Monsieur.
FrenchSkin is offline   Reply With Quote
Reply


Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off



All times are GMT -4. The time now is 09:10 AM.


Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2024, vBulletin Solutions, Inc.
We have no official affiliation with the Washington Commanders or the NFL.
Page generated in 0.18868 seconds with 10 queries