The Dean Posted August 18, 2014 Share Posted August 18, 2014 Just a question: I could be wrong, but didn't they turn down Milstien when he tried to buy Washington? I do not believe he violated the rules. Yes, I liked to that in an earlier post. Link to comment Share on other sites More sharing options...
A Dog Named Kelso Posted August 18, 2014 Share Posted August 18, 2014 (edited) So here is another thought on the Kelly/JBJ meeting. And I am completely giving JK super foresight where none has been earned, but perhaps he took the meeting just to turn them down. Think about it for a minute, if JK met with them, denies it, then once it is revealed(knowing sooner or later it will be) tells everyone he does not believe they plan to keep the team in Buffalo ... that is a knife through the heart of there bid I would imagine. Again, he may just be doing for financial reasons, but maybe Buffalo's favorite son was playing at espionage Yes, I liked to that in an earlier post. Yeah I saw that after I posted, thanks. Edited August 18, 2014 by A Dog Named Kelso Link to comment Share on other sites More sharing options...
Kirby Jackson Posted August 18, 2014 Share Posted August 18, 2014 Just a question: I could be wrong, but didn't they turn down Milstien when he tried to buy Washington? I do not believe he violated the rules. Yeah, it is usually done in advance. The point was meant to be if there was going to be an issue with the bidders the trust would almost certainly already know. The league objects early (usually) not necessarily at the vote. The Bills are not expecting an issue with confirmation. Link to comment Share on other sites More sharing options...
The Dean Posted August 18, 2014 Share Posted August 18, 2014 Yeah, it is usually done in advance. The point was meant to be if there was going to be an issue with the bidders the trust would almost certainly already know. The league objects early (usually) not necessarily at the vote. The Bills are not expecting an issue with confirmation. Do we know the reason Milstein was turned down, Kirby? Link to comment Share on other sites More sharing options...
Kelly the Dog Posted August 18, 2014 Share Posted August 18, 2014 Do we know the reason Milstein was turned down, Kirby? Iirc he just didn't have the money in his bank account that they wanted. Like he barely had enough to satisfy their requirements but not much more. He has a lot more now, so he was considering it with the Bills. Too leveraged. Link to comment Share on other sites More sharing options...
The Dean Posted August 18, 2014 Share Posted August 18, 2014 Iirc he just didn't have the money in his bank account that they wanted. Like he barely had enough to satisfy their requirements but not much more. He has a lot more now, so he was considering it with the Bills. So he suffered from the Bon Jovi disease---well one of them, anyway. Link to comment Share on other sites More sharing options...
Kelly the Dog Posted August 18, 2014 Share Posted August 18, 2014 So he suffered from the Bon Jovi disease---well one of them, anyway. Yup. http://online.wsj.com/news/articles/SB923530192493389551 Link to comment Share on other sites More sharing options...
JohnC Posted August 18, 2014 Share Posted August 18, 2014 (edited) Iirc he just didn't have the money in his bank account that they wanted. Like he barely had enough to satisfy their requirements but not much more. He has a lot more now, so he was considering it with the Bills. Too leveraged. There was more to Milstein's rejection than money. Milstein had a history of suing people to submission in his business dealings. He exhibited those suing tendencies when he owned the Islanders. He basically used the threat of litigation and actual litigation to intimate people he was involved with in the business world. His business practices were predatory. He is the type of person who instead of negotiating a fair deal based on compromise his approach was to overpower the opposition by entangling it in a legal morass and depleting its resources. He is a slimeball busnessman who is well educated andwears expensive suits. No one one should be fooled. He is a predatory shark with the morals of a swine. Niagra Falls thought they had a good thing going in getting involved with this very wealthy person. What happened? Nothing. A lot of empty lots that continue to lay waste. Edited August 18, 2014 by JohnC Link to comment Share on other sites More sharing options...
The Dean Posted August 18, 2014 Share Posted August 18, 2014 There was more to Milstein's rejection than money. Milstein had a history of suing people to submission in his business dealings. He exhibited those suing tendencies when he owned the Islanders. He basically used the threat of litigation and actual litigation to intimate people he was involved with in the business world. His business practices were predatory. He is the type of person who instead of negotiating a fair deal based on compromise his approach was to overpower the opposition by entangling it in a legal morass and depleting its resources. He is a slimeball busnessman who is well educated andwears expensive suits. No one one should be fooled. He is a predatory shark with the morals of a swine. Niagra Falls thought they had a good thing going in getting involved with this very wealthy person. What happened? Nothing. A lot of empty lots that continue to lay waste. Not in defense of Milstein really, but I have some inside into on the Niagara Falls situation. The city is as big (probably bigger) obstacle as Milstein. The city has turned down several development ideas brought to them by Milstein. One thing is for sure, Milstein won't be pressured into doing something for the sake of doing it. He can sit on that land, and will, while he waits for the city to be more cooperative. I know Paladino sat on the United Office Bldg project before finally doing something with it. I'm not pointing blame in either of these situations---there is enough to go around for everyone involved, But let's just say, doing business with Niagara Falls isn't easy, Link to comment Share on other sites More sharing options...
TSNBDSC Posted August 18, 2014 Share Posted August 18, 2014 So he suffered from the Bon Jovi disease---well one of them, anyway. Ouch Stayin Link to comment Share on other sites More sharing options...
26CornerBlitz Posted August 18, 2014 Share Posted August 18, 2014 @JohnKryk #BonJovi reached out to Jim Kelly at the request of Morgan Stanley, the investment bank running #Bills sale, per source. Story up in a few. Link to comment Share on other sites More sharing options...
Canadian Bills Fan Posted August 18, 2014 Share Posted August 18, 2014 Interesting.... CBF Link to comment Share on other sites More sharing options...
dwight in philly Posted August 18, 2014 Share Posted August 18, 2014 @JohnKryk #BonJovi reached out to Jim Kelly at the request of Morgan Stanley, the investment bank running #Bills sale, per source. Story up in a few. just a knee jerk reaction(before the facts are in) why did morgan stanley do that?? do they have an agenda?that kind of sucks on the surface.. Link to comment Share on other sites More sharing options...
Canadian Bills Fan Posted August 18, 2014 Share Posted August 18, 2014 Maybe its their way of getting him to prove that he wouldnt move the team CBF Link to comment Share on other sites More sharing options...
26CornerBlitz Posted August 18, 2014 Share Posted August 18, 2014 just a knee jerk reaction(before the facts are in) why did morgan stanley do that?? do they have an agenda?that kind of sucks on the surface.. Attempting to drive the winning bid amount up as high as possible? Link to comment Share on other sites More sharing options...
thebandit27 Posted August 18, 2014 Share Posted August 18, 2014 just a knee jerk reaction(before the facts are in) why did morgan stanley do that?? do they have an agenda?that kind of sucks on the surface.. They aren't stupid...the price for this team will very likely be higher if the specter of Toronto looms large. Link to comment Share on other sites More sharing options...
dwight in philly Posted August 18, 2014 Share Posted August 18, 2014 Maybe its their way of getting him to prove that he wouldnt move the team CBF ok.. that could be true, but puzzling why they are assisting him(or seem to be) .. i get all the "drive the price up" aspects.. but like you said: "interesting" anxious to hear the particulars Link to comment Share on other sites More sharing options...
26CornerBlitz Posted August 18, 2014 Share Posted August 18, 2014 (edited) @JohnKryk Blog link to my story on #BonJovi talked to Jim Kelly at suggestion of bank overseeing #Bills sale: http://blogs.canoe.c...-says/ … A source in the position to know on Monday morning said Morgan Stanley requested that the front man of the Toronto group attempting to buy the NFL team meet with the former Bills superstar, as a means of making their bid “more Buffalo friendly.” Edited August 18, 2014 by 26CornerBlitz Link to comment Share on other sites More sharing options...
dwight in philly Posted August 18, 2014 Share Posted August 18, 2014 They aren't stupid...the price for this team will very likely be higher if the specter of Toronto looms large. but that is pretty much a dead issue..that ship has sailed i believe.. but i guess anything is plausible.. Link to comment Share on other sites More sharing options...
Canadian Bills Fan Posted August 18, 2014 Share Posted August 18, 2014 @JohnKryk Blog link to my story on #BonJovi talked to Jim Kelly at suggestion of bank overseeing #Bills sale: http://blogs.canoe.c...-says/ … I was right!!! "Buffalo friendly bid" CBF Link to comment Share on other sites More sharing options...
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