None of the previous groups had to deal with a pandemic either.
Barroway would have been sunk. We both know that.
Of course. And I myself have mentioned how especially hard the pandemic has hit entertainment and restaurant properties. I am well aware of the financial challenges we're all facing.
But the
recurring late payments and the payment methodology speak more to me of a procedural issue and at best a lack of attention to detail rather than a lack of money. I expected more from an ownership group that has such widespread and successful ventures. Maybe some of that had to do with some of the now-cast-off personnel that Meruelo purged - that, anyway, is the generous interpretation.
What bothered me is that Gutierrez immediately went back to the well of "We need to renegotiate our deals with our business partners" rather than admit that the team might be on the hook for prejudicing their corporate and personnel relationships by their lack of diligence. I'm hoping that Bill Armstrong can help bring a bit of "Do Your Job" ethos to management as well as the locker room, because the last thing - the absolute
last thing - this franchise needs is another ongoing soap opera about financial instability.