Yeah, the expansion of the ownership group (????) was the most interesting part of that article.
I always thought Cigarren was the majority stake holder but clearly majority won’t be by muchHow 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
They’ve been giving out shares to homeless people. They’re wonderful folks.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?
Yeah that’s what I though. Crazy to think we have that many ownersThey 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.
GoFundMe???Well it's clear what the next step must be then, ownership obviously needs to go as well. Wait...
Big ownership group isn’t bad for us. Especially with so many local ties
It also means losing a few million I. A season doesn’t bankrupt a teamI 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.
That’s why they pay a CEOIt 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
Of course he’s going to get there approval but his job to get them on the same page, whatever that page isThat'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.
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..Well this sucks.