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re: Spinosa Debt Refinanced = Saban to UT?
Posted on 12/12/13 at 8:22 am to bamaswallows
Posted on 12/12/13 at 8:22 am to bamaswallows
Assuming that this means what y'all are gleaning from it, I have a question. Are the only boosters wealthy enough to buy up Saban's debt from UT? No boosters from Bama could possibly have that kind of money, right?
You people underestimate the REC
You people underestimate the REC
Posted on 12/12/13 at 8:23 am to chattabama
quote:
Assuming that this means what y'all are gleaning from it, I have a question. Are the only boosters wealthy enough to buy up Saban's debt from UT? No boosters from Bama could possibly have that kind of money, right?
So he's been at Alabama all his time and they haven't done so by now?
Posted on 12/12/13 at 8:25 am to chattabama
quote:
Assuming that this means what y'all are gleaning from it, I have a question. Are the only boosters wealthy enough to buy up Saban's debt from UT? No boosters from Bama could possibly have that kind of money, right?
I think you're underestimating the number of boosters UT has and the size of their pockets vs. UA. Also, desperation.
UT is desperate to have the success you guys have had. I think Bama's big boosters are most likely pissed Saban is even entertaining this and are far less willing to pay what UT's desperation is driving them to pay.
Posted on 12/12/13 at 8:31 am to chattabama
quote:
Are the only boosters wealthy enough to buy up Saban's debt from UT? No boosters from Bama could possibly have that kind of money, right?
Oh, gee, lets see. Maybe if the $25MM debt in question is for land in HOUSTON and you've got several dozen boosters with the ability to assume that debt that live in HOUSTON and know the market far, far, far better WITH the ability/patience to see the debt through maturation than some jackleg in Dothan or Birmingham or some such place.
Doesn't make it hard to imagine at all.
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