Quote:
Originally Posted by packman80
I thought I read one that the minority owner has a right of first refusal if and when they sell the team is that correct? If so could he put a group together to buy the rest of the team?
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Possibly. But Patrick Ryan is almost 90 himself. And while still a billionaire. I doubt he would want to invest all of his wealth into buying the other 80%.
The McCaskey kids, with the rule change last year, could sell their smaller shares now. Under the same rule that allowed Brady and his investment group to buy marginal shares of the Raiders.
But they know they will get more value, by selling the 80% as one chunk. Then selling their 5% shares on their own, to other groups.
Someone like Jeff Bezos would want the 80% and control of the board as an owner. And not have to deal with splitting anything amongst a bunch of other smaller share holders.
McCaskey's are good business people. Which is why they have held to sell all at once. Which i am thinking, will be very soon.