Pennies should be worried . . .

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DemDog

Pennies should be worried . . .

Post by DemDog »

While reading the daily news I found this article from The Guardian which is a British News Organization. It does not paint a good picture for newspaper journalism.



Coronavirus Impact on US newspapers



Who knows, we may see Pennies being forced to sell the Pirates as well as his 2 ski resorts to stay rich.
GreenWeenie
Posts: 4012
Joined: Sun Mar 29, 2020 3:47 pm

Pennies should be worried . . .

Post by GreenWeenie »

He'll keep the Pirates. It's what's keeping him rich.



The newspapers made him rich, but if anything, he'd sell those. BOB's no dummy. Cheap? Yes. Dumb? No.
DemDog

Pennies should be worried . . .

Post by DemDog »

7144535358615353585F53360 wrote: He'll keep the Pirates.  It's what's keeping him rich. 



The newspapers made him rich, but if anything, he'd sell those.  BOB's no dummy.  Cheap?  Yes.  Dumb?  No.


Imagine if Pennies does sell the papers. He most likely will be able to write off the capital loss he will experience have more profit money because he will pay lower taxes that he can use for his play toy Pirates and ski resorts. A cheapskate he may be but he is not dummy!
Lecom
Posts: 156
Joined: Thu Jan 09, 2020 1:00 pm

Pennies should be worried . . .

Post by Lecom »

Yep, you have to give him his due. He is a very good businessman. I doubt that he dumps his cash cow even though he could get many more times his initial investment. Shame really!
GreenWeenie
Posts: 4012
Joined: Sun Mar 29, 2020 3:47 pm

Pennies should be worried . . .

Post by GreenWeenie »

In a perfect world, I'd be BOB!



BUT....I was only born good lookin'. He got all the MONEY. :(((((
shedman
Posts: 1896
Joined: Wed Jan 08, 2020 11:06 am

Pennies should be worried . . .

Post by shedman »

In a perfect world, I'd be BOB!



BUT....I was only born good lookin'. 

_____

There must be 2 Greenweenies and I met the other one.
2drfischer@gmail.c

Pennies should be worried . . .

Post by 2drfischer@gmail.c »

78595178535B3C0 wrote: While reading the daily news I found this article from The Guardian which is a British News Organization.  It does not paint a good picture for newspaper journalism.



Coronavirus Impact on US newspapers



Who knows, we may see Pennies being forced to sell the Pirates as well as his 2 ski resorts to stay rich.


One thing that gets me out of bed is the hope that today is the day Nutting sells the Pirates. If only I have enough mornings left.
NewMexicoLobo
Posts: 107
Joined: Thu Oct 27, 2016 11:53 am

Pennies should be worried . . .

Post by NewMexicoLobo »

1C4A5C48475D4D464B5C6E49434F4742004D2E0 wrote: While reading the daily news I found this article from The Guardian which is a British News Organization.  It does not paint a good picture for newspaper journalism.



Coronavirus Impact on US newspapers



Who knows, we may see Pennies being forced to sell the Pirates as well as his 2 ski resorts to stay rich.


One thing that gets me out of bed is the hope that today is the day Nutting sells the Pirates.  If only I have enough mornings left.
If they do this Arizona thing, Bob better hope for favorable TV revenue sharing. I don't think he and other small markets would agree to it without. Some wouldn't make it otherwise.
GreenWeenie
Posts: 4012
Joined: Sun Mar 29, 2020 3:47 pm

Pennies should be worried . . .

Post by GreenWeenie »

243F32333A3639570 wrote: In a perfect world, I'd be BOB!



BUT....I was only born good lookin'. 

_____

There must be 2 Greenweenies and I met the other one.




:))
GreenWeenie
Posts: 4012
Joined: Sun Mar 29, 2020 3:47 pm

Pennies should be worried . . .

Post by GreenWeenie »

What leverage does he have?  25 clubs rule.  Five have little say.  If not for the 25, the five dont exist.



Dont forget- there's the internet revenue, too.



The money flows like Chivas, and BOB's there to take it.



Any money's better than no money at all.
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