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Post by inkymarx on Mar 20, 2011 16:05:58 GMT -5
anything can happen....i don't believe GWI's case is 100% slam dunk because the subsidies were tailored to try to get around the gift clause by making it appear like COG got something valuable in return...yes its a sham but it might -- I said MIGHT -- make it past a judge...nothing is guaranteed...the NHL has decided to "test" this case I guess if bonds sold (likely to someone connected to BOG or NHL)...it ain't over until it's over... Unless the Judge is a hockey fanatic and wants to pay more TAXES to support the Coyotes for the rest of his/her life - he/she will grant the injunction - this deal is so forked it's unreal. I don't know what is going to happen with this forking franchise - and really don't forking care at this point. But I see the bond deal being as successful as my quest to to win Lotto Max. (i.e. slim and none - and "slim" just left town) Fork the Count and fork COG and fork Hultzi. And that's all I have to say about that... Yeah.... End of the day this deal is bunk.... these team won't be in Phoenix by this deal. The only way this team stays in Phoenix is by a different deal.... the only question now is, is time REALLY running out? Or is the NHL going to stick around long enough to come up with a different solution. I still think the NHL is pretty much done, and this is all just a show.
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Post by DKehler on Mar 20, 2011 16:21:22 GMT -5
As I mentioned last night, there is no guarantee Goldwater will file for an injunction. But protecting the taxpayers is the main goal of GWI not killing the Coyotes. GWI wants to ensure that that $100 million never reaches Hulsizer. Therefore, an injunction is the only way to do so. A court case only fights the situation after the cash is already transfered. And it costs moeny to fight a court battle so the GWI would rather save every dollar but it will proceed if the whole lot of cash is threatened in their mind. True, but then why not seek an injunction before the bonds get sold? Even Goldwater has admitted this was possible. What worries me about this is if the NHL decides to take a stand on this issue. We all know they don't like to be told they can't do something. I agree it's crazy, but if people want to buy the bonds, and some say there are people that do, what can you do? At those prices, I'd seriously consider moving there if I wasn't physically disabled. I personally do not think hockey will sell in the short to medium term. But I have given up trying to figure out the NHL.
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Post by hockeyguy on Mar 20, 2011 16:42:59 GMT -5
Someone suggested this in another thread, why buy these Bonds when you can directly invest in the team?...profits over risk?
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Post by Hobble on Mar 20, 2011 16:46:06 GMT -5
Maybe to make GWI 100% the bad guy?!?
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Post by John on Mar 20, 2011 17:12:50 GMT -5
Someone suggested this in another thread, why buy these Bonds when you can directly invest in the team?...profits over risk? The only difference there is with the bonds you have an "asset" that at worst, gets vetoed and you get you money back, best case you are guaranteed a decent return. With the team about the only guarantee you have is that you are gonna lose a shitpile of money every year until you find some other poor bastard with more money than brains to buy it from you.
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Post by Oracle on Mar 20, 2011 17:35:14 GMT -5
I don't know, got a bad feeling.
Too many questions, so many possibilities.
Possibilities don't bode well for us IMO.
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Post by hockeyguy on Mar 20, 2011 17:39:10 GMT -5
I don't know, got a bad feeling. Too many questions, so many possibilities. Possibilities don't bode well for us IMO. Perhaps your right, maybe I've been looking at this too long through rose colored glass's
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Post by lilratzy on Mar 20, 2011 18:23:23 GMT -5
Everything is lies at this point from everyone. The deal is done already to move a team back to Manitoba and they are just trying to keep as many fans in the stands as they can... at least I keep telling myself this.
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