News Article: Ownership not planning on firing Poile

[LOUISVILLE ICE CARDS]

Predators not planning to fire GM Poile: report

If that is the case. Hynes better be gone.

Click to read more...

 

[Flgatorguy87]

I read the full article and didn't really feel strongly that they aren't looking at him for change. It certainly wasn't a strong endorsement if it was any endorsement. He said Poile was part of the evaluation process. He mostly gave non answers which Henry is especially good at.

 

[PredsV82]

How the hell do we have a 17 person ownership group? I thought it was 7 or 8 before Wilson bought in. Did any of the original group die and split their shares between multiple kids or what?

 

[Bringer of Jollity]

Well it's clear what the next step must be then, ownership obviously needs to go as well. Wait...

 

[Preds Partisan]

Yeah, the expansion of the ownership group (????) was the most interesting part of that article.

 

[PredsV82]

Yeah, the expansion of the ownership group (????) was the most interesting part of that article.

I remember the originals being Freeman, Cigarran, Fritch, Dobberpuhl and Thompson. Obviously there are now 3 Thompsons.

I also dont remember the three Jacobs being in the initial group. Anyone know who they are/what their other business is?

 

[Flgatorguy87]

I googled a bunch of them not long ago. Lots of Nashville healthcare ties in our ownership group.

 

[LOUISVILLE ICE CARDS]

How the hell do we have a 17 person ownership group? I thought it was 7 or 8 before Wilson bought in. Did any of the original group die and split their shares between multiple kids or what?

I always thought Cigarren was the majority stake holder but clearly majority won’t be by much

 

[Legionnaire11]

I'm not sure if it's a good thing or bad thing. I'd generally think that the goal would be consolidating ownership, buying out smaller shareholders as the bigger shareholders grow and are able to do so. Expanding the group means that they either needed the cash infusion, which would be bad, or that the popularity of the team caused more interest from potential partners. While I'd love to believe it's the latter due to the Finals run, I'd bet it's the former because even with increased interest, the current group would have no incentive to let others buy in and dilute their earning potential on the franchise.

 

[PredsV82]

I always thought Cigarren was the majority stake holder but clearly majority won’t be by much

They dont have anyone who even owns close to 50%. After Freeman was deposed due to his financial problems, Cigarran took over as the voting owner for NHL purposes but IIRC his stake was significantly less than Freeman and Fritch and Fritch to begin with. Now, he may have been the main one to buy out Boots shares, and that may have made him have a lot more than the others, but I'm guessing everyone has 5 to 10 percent at most.

 

[desmondtootoo]

How the hell do we have a 17 person ownership group? I thought it was 7 or 8 before Wilson bought in. Did any of the original group die and split their shares between multiple kids or what?

They’ve been giving out shares to homeless people. They’re wonderful folks.
Gonna be just as sweet to Poile and Hynes; give them a nice full season; all the way to a 6-50 record.

 

[LOUISVILLE ICE CARDS]

They dont have anyone who even owns close to 50%. After Freeman was deposed due to his financial problems, Cigarran took over as the voting owner for NHL purposes but IIRC his stake was significantly less than Freeman and Fritch and Fritch to begin with. Now, he may have been the main one to buy out Boots shares, and that may have made him have a lot more than the others, but I'm guessing everyone has 5 to 10 percent at most.

Yeah that’s what I though. Crazy to think we have that many owners

 

[Porter Stoutheart]

Well it's clear what the next step must be then, ownership obviously needs to go as well. Wait...

GoFundMe???

 

[triggrman]

Big ownership group isn’t bad for us. Especially with so many local ties

 

[GoldOnGold]

Big ownership group isn’t bad for us. Especially with so many local ties

I agree. It means that if one person sours on the team it'll be a lot harder for them to seek to move or anything.

 

[triggrman]

I agree. It means that if one person sours on the team it'll be a lot harder for them to seek to move or anything.

It also means losing a few million I. A season doesn’t bankrupt a team

 

[Osprey]

It also makes it harder to get changes made. Instead of one owner needing to sour on the GM and/or coach, at least 9 must. The more owners, the safer Poile's job is and, by extension, the coach's.

 

[triggrman]

It also makes it harder to get changes made. Instead of one owner needing to sour on the GM and/or coach, at least 9 must. The more owners, the safer Poile's job is and, by extension, the coach's.

That’s why they pay a CEO

 

[Osprey]

That’s why they pay a CEO

That's why he has to answer to them and it sure sounded like he's deferring to them and isn't going to do anything unless they're in favor of it.

 

[triggrman]

That's why he has to answer to them and it sure sounded like he's deferring to them and isn't going to do anything unless they're in favor of it.

Of course he’s going to get there approval but his job to get them on the same page, whatever that page is

 

[Dadof5boys]

Predators not planning to fire GM Poile: report

If that is the case. Hynes better be gone.

Well this sucks.

 

[triggrman]

Well this sucks.

but they didn't say that... SH basically danced around the question and turned it into, "is there an appetite to fire Poile right now." and he qualified it with, I'd say right now, no..