More New Stadium Rumors

[BDBohnzie]

Snyder isn't exactly poor either...

[Southpaw]

Originally Posted by BDBohnzie

Snyder isn't exactly poor either...

The problem is, while the Redskins are worth over a billion, Snyders liquid assets aren't at that level yet. If he were to pay for the entire project with his own money, it'd probably cost him close to half of his fortune. He wouldn't sacrifice that much of his fortune unless he was 100% sure he could make it back. If he was promised four superbowls, that'd make most of his money back for him, but I don't see it happening otherwise.

[Pocket$ $traight]

Originally Posted by Southpaw

The problem is, while the Redskins are worth over a billion, Snyders liquid assets aren't at that level yet. If he were to pay for the entire project with his own money, it'd probably cost him close to half of his fortune. He wouldn't sacrifice that much of his fortune unless he was 100% sure he could make it back. If he was promised four superbowls, that'd make most of his money back for him, but I don't see it happening otherwise.

I think there is probably a bank or two that would work out a loan for him... If he wants to do it, he will.

I just don't see it happening. The district can't afford a stadium and what is Snyder going to do Fed Ex? Just eat it?

[railcon56]

Originally Posted by Southpaw

The problem is, while the Redskins are worth over a billion, Snyders liquid assets aren't at that level yet. If he were to pay for the entire project with his own money, it'd probably cost him close to half of his fortune. He wouldn't sacrifice that much of his fortune unless he was 100% sure he could make it back. If he was promised four superbowls, that'd make most of his money back for him, but I don't see it happening otherwise.

And you're serious huh?? Do you honestly think he would have trouble getting the money for this?

[Southpaw]

Originally Posted by railcon56

And you're serious huh?? Do you honestly think he would have trouble getting the money for this?

I think people are overestimating Snyder's "throw money at it" mentality. While I do think he could get the money, no one, especially someone with the business mind that Snyder has, would just sign a 300-500 million dollar check without knowing he could make all of it back in a reasonable amount of time.

[FRPLG]

Originally Posted by Southpaw

I think people are overestimating Snyder's "throw money at it" mentality. While I do think he could get the money, no one, especially someone with the business mind that Snyder has, would just sign a 300-500 million dollar check without knowing he could make all of it back in a reasonable amount of time.

Seriously.