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Alouettes are up for sale

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  • Rider_Stronson
    started a topic Alouettes are up for sale

    Alouettes are up for sale


  • Bigsexydawg
    replied
    Originally posted by Slowhand View Post

    Taking in a new partner shouldn't be done out of desperation. That's how we end up with Gliebermans/Chens/Pezims/Feteriks... the list goes on and on.
    I have very little confidence in how this will be handled and even less confidence in the interested group. I get the feeling he is canvassing other people’s money and he has not much of his own on the line.


    Dear CBA:

    The bad news is the CFL will not be offering a significant increase to the SMS or providing an enhanced health benefit package.

    However the good news is you will be helping to ensure your brothers in Montreal get paid.

    Signed,

    Randy Ambrosie
    #Rememberthemid90s
    Last edited by Bigsexydawg; 04-12-2019, 11:28 AM.

    Leave a comment:


  • Rhetorical Surf
    replied
    It occurs to me that the only position Kavis has left to fail up to is owner.....

    Leave a comment:


  • Slowhand
    replied
    Originally posted by KnuckleHead View Post
    True that beggars can't be choosy. But this is not quite the same thing as selling your house. (Referencing the earlier post.) At least, from the league's point of view it's not the same.

    Bob Wettenhal might be perfectly happy to pocket the cash and walk away from the Al's, but Ambrosie and the CFL have to live with the new ownership. I think the league should be very careful about letting this guy Starke into the family. Even if they ask for a one year performance bond or a big fat franchise fee that would not be enough to make me feel good about this potential new owner.

    Although I'm guessing that any request for a cash surety would make this guy Starke fade away pretty fast. If he actually has the kind of cash that he claims to have (which I doubt), he probably didn't get it by guaranteeing performance or following through on promises. Reading between the lines of that LaPresse article, Starke seems to be a Pump and Dump specialist.
    Taking in a new partner shouldn't be done out of desperation. That's how we end up with Gliebermans/Chens/Pezims/Feteriks... the list goes on and on.

    Leave a comment:


  • KnuckleHead
    replied
    True that beggars can't be choosy. But this is not quite the same thing as selling your house. (Referencing the earlier post.) At least, from the league's point of view it's not the same.

    Bob Wettenhal might be perfectly happy to pocket the cash and walk away from the Al's, but Ambrosie and the CFL have to live with the new ownership. I think the league should be very careful about letting this guy Starke into the family. Even if they ask for a one year performance bond or a big fat franchise fee that would not be enough to make me feel good about this potential new owner.

    Although I'm guessing that any request for a cash surety would make this guy Starke fade away pretty fast. If he actually has the kind of cash that he claims to have (which I doubt), he probably didn't get it by guaranteeing performance or following through on promises. Reading between the lines of that LaPresse article, Starke seems to be a Pump and Dump specialist.

    Leave a comment:


  • pmurph
    replied
    Originally posted by Slowhand View Post

    I'd hold off if part of the down payment was in magic beans. Starke needs to show the money, prove he has the the actual net worth and cold-hard-cash to support the Als and not drag the league down.
    the bolded , when talking a significant amount of money I would think the seller would do some due diligence in that area , was only thinking beggars can't be to choosy .

    Leave a comment:


  • Beacon.x
    replied
    Originally posted by Slowhand View Post

    I'm wondering if the Wetenalls were ready to sell to this guy and the league stepped in to slow down the process and properly vet him?
    Nope

    a few days ago he stated ownership had not contacted him.

    that's 2 people who have said they wanted to buy the Als this year and were never called back


    a couple friends via the wife, who are big into the Als and live there, despise the idea of Starke ownership and say it seems a wide sentiment. Seems a bit odd considering who he wants to involve, son of a previous well liked pres of club
    Last edited by Beacon.x; 04-11-2019, 04:59 PM.

    Leave a comment:


  • Beacon.x
    replied
    Originally posted by Tyree View Post

    Would Ambrosie have the balls to make Starke post a bond with enough funds to run the Als for a year upfront?
    Part of the point of a franchise fee

    Leave a comment:


  • Bigsexydawg
    replied
    Originally posted by Tyree View Post

    Would Ambrosie have the balls to make Starke post a bond with enough funds to run the Als for a year upfront?
    That will be an interesting point to follow.

    Leave a comment:


  • Magnum
    replied
    Originally posted by RiderHard View Post

    Yikes. Think I might be selling my Aphria stock tomorrow.
    Namaste is one that went from close to $3 a few months ago and now sitting around the 70 cent mark.

    Leave a comment:


  • Tyree
    replied
    Originally posted by Slowhand View Post

    I'd hold off if part of the down payment was in magic beans. Starke needs to show the money, prove he has the the actual net worth and cold-hard-cash to support the Als and not drag the league down.
    Would Ambrosie have the balls to make Starke post a bond with enough funds to run the Als for a year upfront?

    Leave a comment:


  • Slowhand
    replied
    Originally posted by pmurph View Post
    If there was only one guy that wanted to buy your house at your price .......SOLD sign would go up IMO.
    I'd hold off if part of the down payment was in magic beans. Starke needs to show the money, prove he has the the actual net worth and cold-hard-cash to support the Als and not drag the league down.

    Leave a comment:


  • Rider_Stronson
    replied
    Originally posted by Slowhand View Post
    Interview with Starke. It's in french, but google translate does a pretty good job. All I could think of while reading it was "Nelson, go back to Skalbania!"

    https://www.lapresse.ca/affaires/eco...alouettes-.php
    Here's the English translation. Lots of cannabis and tax haven talk.

    https://translate.google.ca/translat...alouettes-.php

    Leave a comment:


  • pmurph
    replied
    If there was only one guy that wanted to buy your house at your price .......SOLD sign would go up IMO.

    Leave a comment:


  • Rider_Stronson
    replied
    Originally posted by Slowhand View Post
    Interview with Starke. It's in french, but google translate does a pretty good job. All I could think of while reading it was "Nelson, go back to Skalbania!"

    https://www.lapresse.ca/affaires/eco...alouettes-.php
    Have a weird feeling about him after reading that too, Slowhand. You aren't the only one.

    Leave a comment:

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