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re: Spinosa Debt Refinanced = Saban to UT?

Posted on 12/12/13 at 5:43 pm to
Posted by Vegas Bengal
Member since Feb 2008
26344 posts
Posted on 12/12/13 at 5:43 pm to
quote:

This is old news. I remember a bunch of defense lawyers talking baout this in 2011 as in what the hell was compass bank going to do now that Nick owed them 25 million bucks. Who wants to be the lawyer that puts Nick in bankruptcy before the game of the century etc. It was talked about a lot in Bama and Baton Rouge. i thought it was taken care of until this Fall. It was taken care of last month. According to UT guys by their Alumni. They have come up with links etc.

If Bammers paid it off, great but no one to date has claimed that. They (UT people) came on here claiming that UT alums paid 40 million on debt off for Saban on Monday as part of some big public private deal. Seemed incredible to everyone. But now after people on here have done some research about 39,500,000 worth have Saban's debt has been found, and found to have been paid off last month.

Just saying that some of these UT insiders appear to know WTF they are talking about.


I checked PACER a little while ago and that bankruptcy, which included the Houston apt complex, was closed in 2012.
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