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Locker Room Main Forum Commanders Football & NFL discussion |
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05-19-2023, 10:28 AM | #241 |
The Starter
Join Date: Apr 2008
Location: UK, South
Posts: 1,926
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Re: Josh Harris = New Owner!?
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.
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05-21-2023, 12:46 AM | #242 |
Living Legend
Join Date: Jun 2004
Location: VA
Age: 41
Posts: 17,551
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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.
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05-21-2023, 07:55 AM | #243 |
Playmaker
Join Date: Oct 2009
Location: Stephens City, VA
Posts: 2,947
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Re: Josh Harris = New Owner!?
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.
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05-21-2023, 10:44 AM | #244 |
Living Legend
Join Date: Sep 2010
Location: Hanahan, South Carolina
Age: 41
Posts: 19,793
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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.
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05-21-2023, 10:47 AM | #245 |
Impact Rookie
Join Date: Jul 2007
Location: W. Central Florida
Posts: 575
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Re: Josh Harris = New Owner!?
So, while the ink may have dried on the contract between Harris and Douchebag, this still ain’t over yet. We’ve come from hope of a finalized regime change in March, April, May to now mid season 2023?! At times I wonder if this is some type of vindictive way for Snyder to twist the knife in everyone’s back just a little more. Just more of the same old shit with this group and so over it all. GET IT DONE for Christ’s sake ugh!
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05-21-2023, 04:43 PM | #246 |
Living Legend
Join Date: Jun 2004
Location: VA
Age: 41
Posts: 17,551
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Re: Josh Harris = New Owner!?
I doubt it's malicious. Things just move slower than we'd like. Everyone's interests line up though (Snyder gets out of liability and gets money, Harris & co get the team, and the NFL gets to move past the PR issues).
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05-28-2023, 08:19 PM | #247 | |
Playmaker
Join Date: Jun 2011
Location: Yokohama, Japan
Posts: 4,525
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Re: Josh Harris = New Owner!?
Quote:
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...
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05-28-2023, 10:29 PM | #248 |
Hug Anne Spyder
Join Date: Mar 2005
Posts: 20,424
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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.
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05-29-2023, 08:19 PM | #249 | |
Playmaker
Join Date: Jun 2011
Location: Yokohama, Japan
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Re: Josh Harris = New Owner!?
Quote:
Envoyé de mon SHV48 en utilisant Tapatalk
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