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Message
Posted on 12/12/13 at 9:24 am to PuntBamaPunt
quote:
Edit: and there's three investors dip shite. Saban is at 49.5%.
So, he's the biggest on that one? What about Slidell and Houston? There are rumors of others in Gumpville, too.
Posted on 12/12/13 at 9:24 am to JB Bama
quote:
Do you honestly believe he's $40 million in debt?
its public record. and the $10m from the browns doesn't solve his problem. its the debt my friend. if Jamail is really paying that off, then that is a huge trump card
Posted on 12/12/13 at 9:24 am to Galactic Inquisitor
Goes both ways son. Y'all are acting like Bama fans are in denial of him going, when y'all are in denial of him staying. I wonder where all of the cockroaches will go when he re-signs his contract.
Posted on 12/12/13 at 9:25 am to Tiger Ryno
when this is signed, Jamail and Texas basically OWN Saban. a very expensive endentured servant lol 
Posted on 12/12/13 at 9:26 am to chattabama
quote:
Goes both ways son.
Obligatory BOOM as "son" has officially been used.
Posted on 12/12/13 at 9:26 am to chattabama
quote:
Goes both ways son. Y'all are acting like Bama fans are in denial of him going, when y'all are in denial of him staying. I wonder where all of the cockroaches will go when he re-signs his contract.
annnnndddddddd bookmarked
Posted on 12/12/13 at 9:26 am to GeeOH
quote:
UT seems to be "Forcing" Saban to sat yes. Could they possibly be buying out his debts and hold them over his head in some way?
I haven't read the rest of the thread yet, but as soon as this all started coming to light, that was my first thought too.
Posted on 12/12/13 at 9:26 am to chattabama
Keep telling yourself that, Gump. Your sky is falling.
Posted on 12/12/13 at 9:26 am to Galactic Inquisitor
This has been entertaining folks. It's been entertaining every damn year Nick's been at Bama - there's ALWAYS some NFL or big time college program gunning for Saban due to the success he's been able to bring to my alma matre.
EVERY year there's more and more demand for his services. Every year there are new kinks thrown into the mix to pull Saban away from Bama. Last year it was Cleveland offering +$10mm/yr AND part ownership. This year it's oil barron's assuming $40mm of Saban's debt to coach at UT........

EVERY year there's more and more demand for his services. Every year there are new kinks thrown into the mix to pull Saban away from Bama. Last year it was Cleveland offering +$10mm/yr AND part ownership. This year it's oil barron's assuming $40mm of Saban's debt to coach at UT........
Posted on 12/12/13 at 9:26 am to bamaswallows
I was under the impression that Saban's interest in Perkins Rowe was limited to an ownership interest in the entity that supplies chilled water. That entity was separate from the development that was foreclosed and sold at auction. The chilled water facility is guaranteed to make a profit, and by extension, so is Saban. The contract between the chilled water providing entity and Perkins Rowe is an area of contention for the new owners of Perkins Rowe since it is a valuable asset that Spinosa shielded from the original lenders to Perkins Rowe.
Posted on 12/12/13 at 9:27 am to chattabama
quote:
Goes both ways son. Y'all are acting like Bama fans are in denial of him going, when y'all are in denial of him staying. I wonder where all of the cockroaches will go when he re-signs his contract.
What you don't understand it does not matter where he goes or stays at this point
Posted on 12/12/13 at 9:28 am to Bubba Bexley
quote:
"son" has officially been used.
Sans proper punctuation. I feel violated.
Posted on 12/12/13 at 9:28 am to Galactic Inquisitor
The sky is still there. But tell me more about that fateful Christmas when Saban broke your hearts.
Posted on 12/12/13 at 9:29 am to Mulat
yep. the damage has been sown either way. the whirlwind comes next!
Posted on 12/12/13 at 9:30 am to touchdownjeebus
according to one Shaggy poster if he dosent sign
[quote]Then somebody will find Nicks body floating in a river somewhere soon [/quote
[quote]Then somebody will find Nicks body floating in a river somewhere soon [/quote
Posted on 12/12/13 at 9:30 am to chattabama
quote:
The sky is still there. But tell me more about that fateful Christmas when Saban broke your hearts.
I think you may misunderstand my point of view, it is a train wreck however it goes, nothing will ever be the same
Posted on 12/12/13 at 9:30 am to Poodlebrain
quote:
The chilled water facility is guaranteed to make a profit, and by extension, so is Saban
Not true at all. There are talks of it being in trouble.
Posted on 12/12/13 at 9:30 am to daBIGKAHUNA
quote:
Nicky has to love his financial business being all over these forums.
Reminds me of John L. Smith declaring bankruptcy while the head coach at Arkansas.
This post was edited on 12/12/13 at 9:31 am
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