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To: discostu
I’m simply calling it like it is. He’s either dumb for putting millions into a billion dollar deal without bother to find out who he’s getting into bed with, or he’s BSing and saying he didn’t know who he was getting into bed with. There really is no reason for a “silent” partnership in an NFL team purchase, if the bid goes far enough for an ownership vote all names must be revealed.

From Rush's explanation it sounds like Soros may have come in (if he is indeed part of this group-nothing has been corroborated) after his (Rush's) deal had already been struck:

Mr. Checketts is not the primary partner here. The NFL has a rule that the primary owner has to have 30% equity in the team, and our group lost our 30% equity guy, and we had to scramble and find a new one, and I was told who it was, but now I'm wondering if it was Soros and I wasn't told.
Either you didn't read Rush's explanation or you think he's lying. I don't know this Checketts guy, but it's plausible he may have kept Rush in the dark concerning Soros, suspecting Rush may back out of the deal if he was the majority owner.
114 posted on 10/18/2009 11:22:09 AM PDT by jellybean (Bookmark http://altfreerepublic.freeforums.org/index.php for when FR is down)
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To: jellybean

If that’s the truth then Rush needs to be paying more attention on his deals. If you’ve got millions in a deal and there’s even the slightest possibility that you don’t know all the players you screwed up, period.

I’m not accusing Rush of anything. I’m simply pointing out the implications of the facts. If you don’t like those implications that’s not my problem. I don’t really care one way or the other, no part of this event will change my life in the least, my NFL and Rush levels will remain identical. But facts are facts, and the facts are that either Rush knew he was in a deal with Soros or he was doing a poor job of due diligence.


115 posted on 10/18/2009 12:01:10 PM PDT by discostu (The Bluebird of Happiness long absent from his life, Ned is visited by the Chicken of Depression)
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