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Message
Saints organization having serious cashflow issues....behind on payments for renovations,
Posted on 5/22/24 at 3:42 pm
Posted on 5/22/24 at 3:42 pm
NOLA
The team is worth a lot but that does not guarantee cash on hand. Gayle has spent a lot of cash and it is running low. They are losing money on a lot of fronts outside of the Saints and it is finally starting to affect paying the bills.
The team is worth a lot but that does not guarantee cash on hand. Gayle has spent a lot of cash and it is running low. They are losing money on a lot of fronts outside of the Saints and it is finally starting to affect paying the bills.
quote:
The New Orleans Saints are behind on payments to the Superdome Commission that are needed for the ongoing renovation of the Caesars Superdome, potentially threatening to delay the project’s scheduled completion as the city readies to host the Super Bowl early next year.
Members of the commission, known formally as the Louisiana Stadium and Exposition district, or LSED, were told by their staff at a board meeting Wednesday that the Saints haven’t paid their share of the massive renovation project since December, and currently owe $11.5 million to the commission, which has been covering the bills to date.
This post was edited on 5/22/24 at 3:45 pm
16
Posted on 5/22/24 at 3:48 pm to Cell of Awareness
Nowhere in this article does it say they're having cash flow issues
Posted on 5/22/24 at 3:48 pm to Cell of Awareness
A few average seasons impacts ticket sales and revenue. I think Carr should pay half of that 11 million. Kidding - all of it.
Posted on 5/22/24 at 3:56 pm to Cell of Awareness
No NFL team has cash flow issues. They make so much money from the TV rights they are in the black before a single person steps into a stadium. Fact.
Posted on 5/22/24 at 4:06 pm to Cell of Awareness
She’s too busy gifting money to anything and anyone that will put the name on properties across the region.
They had a sold out stadium for 20 years. Free rent. A sweet heart deal for the Benson Tower and still refuse to pay their share.
They had a sold out stadium for 20 years. Free rent. A sweet heart deal for the Benson Tower and still refuse to pay their share.
This post was edited on 5/22/24 at 4:08 pm
Posted on 5/22/24 at 4:07 pm to Cell of Awareness
This organization is nothing but a complete clown show at this point. Maybe they really should move to San Antonio.
Posted on 5/22/24 at 4:27 pm to Cell of Awareness
My guess is Gayle is traveling somewhere and knows nothing about this.
Her accounting staff is likely making $2k-$5k a day by investing this $10m and waiting until the very last minute to give it up.
Then when Gayle attends her quarterly "how rich am i this month" meeting, they can say a larger number than had they paid the bill day one. Then she is happy and hands out bonuses to them.
Cash flow issues explained
Her accounting staff is likely making $2k-$5k a day by investing this $10m and waiting until the very last minute to give it up.
Then when Gayle attends her quarterly "how rich am i this month" meeting, they can say a larger number than had they paid the bill day one. Then she is happy and hands out bonuses to them.
Cash flow issues explained
Posted on 5/22/24 at 4:31 pm to Cell of Awareness
Loomising? 
Posted on 5/22/24 at 4:43 pm to Cell of Awareness
I'm sure they're fine
Posted on 5/22/24 at 4:57 pm to Cell of Awareness
Not sure what’s going on with LSED, but submitting documentation of work done when invoicing for payment is pretty much the most standard of standard practices. To not be able to get your biggest partner that info is pretty strange.
Soooo, either, some one is dropping the ball or something fricky is going on.
Soooo, either, some one is dropping the ball or something fricky is going on.
Posted on 5/22/24 at 5:00 pm to Cell of Awareness
Give them a break. The economy is bad so I can see it being hard for them to afford!
Posted on 5/22/24 at 5:49 pm to Cell of Awareness
Funding Catholic attorneys is not a cheap venture. Baws gotta get paid.
Posted on 5/22/24 at 5:53 pm to Cell of Awareness
Too much money to the archdiocese for the pedos.
Or just
Or just
quote:
Knowing these kinds of disputes, I would guess that the Saints are requiring invoices and the state has provided something other than invoices, such as statements. Happens all the time in this kind of thing.
This post was edited on 5/22/24 at 5:58 pm
Posted on 5/22/24 at 6:40 pm to Cell of Awareness
Sell the Pelicans. Problem solved.
No, but I'd be good with the Pelicans moving.
quote:
This organization is nothing but a complete clown show at this point. Maybe they really should move to San Antonio.
No, but I'd be good with the Pelicans moving.
This post was edited on 5/22/24 at 6:42 pm
Posted on 5/22/24 at 9:23 pm to Cell of Awareness
Probably still paying Brees lmao
Posted on 5/23/24 at 9:19 am to Cell of Awareness
quote:Talk about a troll making a lot of dumb shite up. Ridiculous.
NOLA
The team is worth a lot but that does not guarantee cash on hand. Gayle has spent a lot of cash and it is running low. They are losing money on a lot of fronts outside of the Saints and it is finally starting to affect paying the bills.
Posted on 5/24/24 at 3:31 pm to Cell of Awareness
The Superdome is a piece of shite. It will eventually be the reason we lose the Saints and I've told y'all a million times but you don't want to believe me. More $400m bandaids the state is slapping on it isn't going to cut it.
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