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Started By
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re: Spinosa Debt Refinanced = Saban to UT?
Posted on 12/12/13 at 11:46 am to League Champs
Posted on 12/12/13 at 11:46 am to League Champs
quote:
Developer Tommy Spinosa and his partners in Rouzan have refinanced their debt on the traditional neighborhood development and paid off the 12-month loan
That's your source that the debt was paid off by UT? HAHAHAHAHAHAHA!
1
Posted on 12/12/13 at 11:46 am to partsman103
Let me use language you gumps can understand...
Saban is Texas' bitch
Texas wants a ham sammich, Saban only asks "white or wheat?"
Saban is Texas' bitch
Texas wants a ham sammich, Saban only asks "white or wheat?"
Posted on 12/12/13 at 11:46 am to LsuNav
quote:
Be careful what you wish for.
Right, because Meyer going to OSU and Kiffen to USC really hurt LSU or the SEC for that matter
Posted on 12/12/13 at 12:01 pm to BamaNixon
quote:
That's your source that the debt was paid off by UT
So a guy with $200M in bankruptcy comes up with $14M the week Mack Brown steps down, says no comment on where the money came from. The guy who he paid the $14M to, also says no comment on how the financing got done
I mean, how hard would it be to say, "We are grateful that Cap1 bank has so much faith in our project". I mean (insert bank here) would want the world to know that they are investing in BR
This deal is secret for a reason
Posted on 12/12/13 at 12:14 pm to League Champs
quote:
Right, because Meyer going to OSU and Kiffen to USC really hurt LSU or the SEC for that matter
Texas is next door while the other Ohio and California are far away. I'm sure you already knew that.
Posted on 12/12/13 at 12:14 pm to League Champs
quote:
Right, because Meyer going to OSU and Kiffen to USC really hurt LSU or the SEC for that matter
Texas is next door while the other Ohio and California are far away. I'm sure you already knew that.
Posted on 12/12/13 at 12:15 pm to TheDoc
quote:
The dominoes son.
Mack being the first that puts all this into motion
Certainly explains why news crews are camped outside Sabans residence.
Posted on 12/12/13 at 12:21 pm to LsuNav
quote:
Texas is next door while the other Ohio and California are far away. I'm sure you already knew that.
How many Texas recruits are we getting this year?
How many Louisiana recruits is Bama getting this year?
How many times will a loss to Saban @Texas keep us from the BCS in the future?
How many losses to Saban @Bama have kept us from winning the BCS?
Posted on 12/12/13 at 12:23 pm to ApexTiger
quote:
Bama fans think they can match UT, but they can't even come close...
6 Billion versus 900 Million...= no contest..
he gone
Posted on 12/12/13 at 12:31 pm to League Champs
quote:
So a guy with $200M in bankruptcy comes up with $14M the week Mack Brown steps down, says no comment on where the money came from. The guy who he paid the $14M to, also says no comment on how the financing got done
I mean, how hard would it be to say, "We are grateful that Cap1 bank has so much faith in our project". I mean (insert bank here) would want the world to know that they are investing in BR
This deal is secret for a reason
My man
Posted on 12/12/13 at 12:45 pm to League Champs
quote:
Very weird that we didn't hear a peep about this potential bankruptcy 12 months ago when Cleveland was offering him $10mm/yr and part ownership of teh Browns franchise.
Well, considering the Houston complex didnt go under until 2/12 & Perkins Rowe wasnt sold at auction until 4/13, and The Pointe at Lake Burton wasnt sold at auction until 6/13, Sabans partners probably told him theres nothing to worry about. So he passed on the Browns offer.
But since the Browns offer, hes had a lot to worry about
I don't have the emotional energy to read this entire crappy thread. Is there real reason to think Saban lost enough money to be bothered by it?
Posted on 12/12/13 at 12:47 pm to bamaswallows
the sale did happen for a little over $69 million. they are on the hook for a chunk of change on that deal.
Posted on 12/12/13 at 12:49 pm to molsusports
Yes
Posted on 12/12/13 at 12:50 pm to AUTiger45
Saban and company were major league upside down on those RE projects
He did not follow the PROCESS!
He did not follow the PROCESS!
Posted on 12/12/13 at 12:53 pm to massiveattack
is the rumor mill alleging that Texas boosters are going to cover his losses in that area as well as see that he receives a salary of 8-10 million per year?
The total compensation received in that case would be astronomical.
The total compensation received in that case would be astronomical.
Posted on 12/12/13 at 12:54 pm to molsusports
quote:
I don't have the emotional energy to read this entire crappy thread. Is there real reason to think Saban lost enough money to be bothered by it?
Saban was sole owner of the land around Perkins Rowe & The Pointe at Lake Burton
Saban was half owner in the Houston complex
His liability in Perkins Rowe is unknown
Posted on 12/12/13 at 3:58 pm to League Champs
quote:
Saban was sole owner of the land around Perkins Rowe & The Pointe at Lake Burton
Serious question - how do you know this?
Posted on 12/12/13 at 4:01 pm to molsusports
quote:
The total compensation received in that case would be astronomical.
texas wants to win. You think a guy like Red McCombs gives a shite about reaching into his BILLIONS to give nick 3-4 million to make UT a winner?
Get 4 or 5 other big time UT alums like that and you got your money.
Posted on 12/12/13 at 4:03 pm to League Champs
You provide little proof to your claims. I like it.
Jameis Winston thread all over again.
Jameis Winston thread all over again.
Posted on 12/12/13 at 4:07 pm to CapstoneGrad04
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