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Gayle has more change in her sofa than What they say she’s default on

Posted on 5/22/24 at 9:29 pm
Posted by Chad504boy
4 posts
Member since Feb 2005
167065 posts
Posted on 5/22/24 at 9:29 pm
Read between the lines. LA corrupt politics. They fricked themselves out of Mickey Mouse. She donates to charity more than this bullshite number.
Posted by Tim Gambill
Member since Nov 2023
771 posts
Posted on 5/23/24 at 6:47 am to
Gayle Benson is mental.
Posted by mark65mc
Baton Rouge
Member since Dec 2007
11292 posts
Posted on 5/23/24 at 7:19 am to
quote:

LA corrupt politics


quote:


Gayle Benson is mental.


Both can be true.
Posted by Tchefuncte Tiger
Bat'n Rudge
Member since Oct 2004
57586 posts
Posted on 5/23/24 at 7:42 am to
What does this have to do with her not paying her bills?
This post was edited on 5/23/24 at 7:48 am
Posted by Cell of Awareness
Member since Jan 2024
219 posts
Posted on 5/23/24 at 8:50 am to
She has also been spending like a drunken sailor to put her name on everything and to hide child rapists while neglecting parts of the Benson companies. She had to finance the settlement with the heirs to replace the team shares in the trust. Hundreds of millions were borrowed that now need to be refinanced because they did it short term when they reached the settlement.. They are treating Tom's empire like the salary cap and it will be worse when the piper must be paid. The teams are wortth billions but her net and cashflow are not what people think they are.
This post was edited on 5/23/24 at 8:52 am
Posted by Fun Bunch
New Orleans
Member since May 2008
116766 posts
Posted on 5/23/24 at 8:53 am to
quote:

What does this have to do with her not paying her bills?



No one who has any brain cells left believes that she doesn't have the money. I was obviously joking in the pels talk thread.

She bought the Pels for 300 million, they are now worth 2.5 billion, and with the new NBA deals, they will go up to 5 billion by the end of that.

This is about politics.

They are negotiating a lease.

The last payment was in December.

Jeff Landry replaced every member of the LSED board except 1 back in January.

Fairly obvious what is going on
Posted by Fun Bunch
New Orleans
Member since May 2008
116766 posts
Posted on 5/23/24 at 8:54 am to
quote:

She had to finance the settlement with the heirs to replace the team shares in the trust. Hundreds of millions were borrowed that now need to be refinanced because they did it short term when they reached the settlement..


Rich people finance everything. They always use other people's money to do almost everything
Posted by Hetfield
Dallas
Member since Jun 2013
7190 posts
Posted on 5/23/24 at 9:01 am to
Someone leaked this to the press as a negotiation tactic. The question is who exactly leaked it.
Posted by Fun Bunch
New Orleans
Member since May 2008
116766 posts
Posted on 5/23/24 at 9:05 am to
quote:

Someone leaked this to the press as a negotiation tactic. The question is who exactly leaked it.





The LSED leaked it
Posted by Cell of Awareness
Member since Jan 2024
219 posts
Posted on 5/23/24 at 9:06 am to
quote:

Rich people finance everything. They always use other people's money to do almost everything


And some rich people lose everything when they are a dilettante out of their depth. Patricia Kluge was just like Gayle in that she snared her billionaire. She then lost everything. Jocelyn Wildenstein got over three billion in cash from her husband and a shaky business took it all.
Posted by Fun Bunch
New Orleans
Member since May 2008
116766 posts
Posted on 5/23/24 at 9:08 am to
They bought the Pelicans for 300 million. They are now worth 2.5 billion, and by the end of the next TV deal it'll be double that.

She's fine.
Posted by WicKed WayZ
Louisiana Forever
Member since Sep 2011
31704 posts
Posted on 5/23/24 at 10:31 am to
It’s ridiculous this is even a talking point
Posted by H-Town Tiger
Member since Nov 2003
59184 posts
Posted on 5/23/24 at 12:06 pm to
quote:

Gayle has more change in her sofa


You’re one of those tards that think all rich people have mountains of cash like Scrooge McDuck aren’t you ?

Obviously I have no idea about Gayle Benson’s individual situation but most of the wealth of people like her is in the value of assets not necessarily cash. Which is not to say she has no cash on hand or no access to it but its doubtful she can make any and all debt payments with “loose change”.
This post was edited on 5/23/24 at 12:08 pm
Posted by goatmilker
Castle Anthrax
Member since Feb 2009
64666 posts
Posted on 5/23/24 at 12:11 pm to
I think you're right about the amount of money in her couch.
Posted by Weekend Warrior79
Member since Aug 2014
16621 posts
Posted on 5/23/24 at 12:28 pm to
quote:

Which is not to say she has no cash on hand or no access to it but its doubtful she can make any and all debt payments with “loose change”.

NFL has a liquidity requirement for all of their owners. So, while her sofa cushions are not filed with C-notes, she does need to have a significant amount of money readily available. Of course, it's all-in interest-bearing accounts that her team will not access until the last possible second, but it has to exist, or we'd be hearing reports from the leagues
Posted by jrobic4
Baton Rouge
Member since Aug 2011
7347 posts
Posted on 5/23/24 at 3:19 pm to
quote:

TOM bought the Pels for 300 million


FIFY. Gail wouls have used the money to sent Archdiose priests to Phillipino orphanages
Posted by jrobic4
Baton Rouge
Member since Aug 2011
7347 posts
Posted on 5/23/24 at 3:19 pm to
quote:

TOM bought the Pels for 300 million


FIFY. Gail wouls have used the money to sent Archdiose priests to Phillipino orphanages
Posted by Demshoes
Up in here
Member since Aug 2015
10252 posts
Posted on 5/24/24 at 9:23 am to
She too busy spending money protecting priest diddlers and the archbishops who shuffle the priest diddlers to other parishes to diddle innocent unsuspecting children.
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