Avs Kroenke taking over PL Arsenal

Discussion in 'Fugu's Business of Hockey Forum' started by LadyStanley, Apr 10, 2011.

  1. LadyStanley

    LadyStanley Registered User

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    http://www.tsn.ca/soccer/story/?id=361722

    So is that putting the Avs (and Nuggets) in (more) financial straits?
     
  2. kdb209

    kdb209 Registered User

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    Considering that Kroenke has a Net Worth (according to Forbes) of $2.9B and his Walmart-heir wife has $3.2B, I wouldn't be too worried.
     
  3. Dr Pepper

    Dr Pepper Registered User

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    Well, owning an EPL team worked wonders for Tom Hicks, so this should be good.

    Good luck, Kroenke!
     
  4. sh724

    sh724 Registered User

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    Didn't he give the Avs and Nuggets to his son so he could buy the Rams. Im sure the son has a very nice trust fund to support the Avs and Nuggets. The fathers activities dont have much impact on the son's wallet.
     
  5. jumptheshark

    jumptheshark Rebooting myself Sponsor

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    the gunners are in the black

    hicks and co where deeply in the red from the word go

    also--Hick and co made a mint on the team--the claim heavy loses---but some bookers pointed out that they took a lot of money out of the team to pay other loses.

    One of the financial papers over here in the UK had a ten page article 2 years ago about how hicks and co did their books and while they did nothing wrong--they did place loses incured from other businesses under the Liverpool name and that was part of the problem
     

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