DODGERS The ongoing OWNERSHIP Thread

Discussion in 'Los Angeles DODGERS' started by irish, Nov 17, 2011.

  1. LAdiablo

    LAdiablo descarado

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    he's playing all the angles but my money would be on him getting neither. if the sale price is considerably less than the inflated numbers the land is going to go regardless to satisfy creditors. and i don't see the courts tearing up his contract with fox. the fact that no one is concerned about it is simple. its not their money or problem. but that passivity shouldn't be construed as victory for spank.
     
  2. TuborgP

    TuborgP DSP Legend

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    Fox is the only one acting like a pissed off Dodger fan and trying to hold Franks feet to the fire.
     
  3. SC_Ed

    SC_Ed DSP Legend Damned

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    If frank is allowed to keep the parking lots I saw we barricade the lots and don't let anyone in.
     
  4. Doughty8

    Doughty8 DSP Legend

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    He is not running the team, he is part of the ownership group just like any of the other ownership groups. Can you be sure none of them declared bankruptcy or had a shady financial deal in the past as well? I don't know where the idea of him being in complete control came from but that is wrong. Like I wrote before, I would be more concerned with ownership groups being funded by hedge fund owners or in risky industries than whether or not 1 person albeit one of the lead names has had a checkered past from 23 years ago. Unless of course we all want to go through this over again in 3 or so years. Just my .02.
     
  5. rube

    rube DSP Legend Staff Member Administrator

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    its not that cut and dried man
    contracts have to be in good faith
    thats why ultimately he settled with his wife for 130M or whatever it was instead of going through the courts
    legally Jamie could have held out for more money, she legally could have gone for half of whatever Frank ends up with
    but he worked it out to end up with way more than 130M in his pocket if he gets his way
    effectively he has worked out a sweetheart deal for himself
    cut his divorce settlement
    and systematically removed Fox's allies from the equation

    ultimately the judge has to rule on the fairness of the Fox exclusivity clause
    if a contract is judged too be patently unfair or made under duress or using other coercive practices or a number of other scenarios... it can be ripped up
    specially if the contract is holding up proceedings for a big creditor list
    courts rip up small clauses in contracts like this all the time
    sections and subsections of contracts are often tossed aside when they are later put up to scrutiny in front of a judge

    the law was written for man, not man for the law
     
  6. TuborgP

    TuborgP DSP Legend

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    http://latimesblogs.latimes.com/dodgers/2011/11/dodgers-frank-mccourt-fox-bankruptcy.html


     
  7. TuborgP

    TuborgP DSP Legend

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    More maneuvering today.

    http://latimesblogs.latimes.com/dodgers/2011/11/dodgers-filing-fox-tv-rights.html


    — Bill Shaikin
     
  8. chris

    chris Guest

    just let me know when this is over please, thanks!
     
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  9. irish

    irish DSP Staff Member Administrator

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    this
     
  10. doyerfan

    doyerfan MODERATOR Staff Member Moderator

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    irish really likes Chris huh
     
  11. iggypop123

    iggypop123 Well-Known Member

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    mccourt continues to troll us even after we celebrated. he just doesnt want to break even he wants some extra cash to go away forever.
     
  12. irish

    irish DSP Staff Member Administrator

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    Now don't go getting jealous on me Carlos...

    [​IMG]
     
    LAFord and doyerfan like this.
  13. TuborgP

    TuborgP DSP Legend

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    http://latimesblogs.latimes.com/dodgers/2011/11/dodgers-fox-get-another-week-for-mediation.html


     
  14. blueplatespecial

    blueplatespecial DSP Legend

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    I wonder if Selig has been going through the approval process for a new owner. I don't think there is any sort of formality, is there?
     
  15. TuborgP

    TuborgP DSP Legend

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    Great question. Not sure the process is that far along yet. Not sure Blackstone has submitted the sales package to prospective owners.
     
  16. TuborgP

    TuborgP DSP Legend

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    I wonder in this case which comes first. Approval or finding out the financial information etc to see if you want to buy the team.
     
  17. doyerfan

    doyerfan MODERATOR Staff Member Moderator

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    Irish, i'm going to frame that on put it on my wall
     
  18. blueplatespecial

    blueplatespecial DSP Legend

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    I certainly hope they are moving things along on that front. I'd hate to think theses days are totally wasted waiting for some kind of resolution in the McCourt - Fox drama.
     
  19. irish

    irish DSP Staff Member Administrator

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    I think Chris may beat you to it...
     
  20. THINKBLUE

    THINKBLUE DSP Gigolo

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