Originally Posted by
UNO Gracias
They couldn?t sell the Pels for 4 or 5x (3x perhaps). The team is not in the greatest market, and the state isn?t helping matters with regards to the arena bit (they want a new one, or upgrades to the existing). I have no doubt that she could divest from the brewery, horse racing, or various CRE investments, but the one that is a money pit really is this franchise. When you take into account her other investments (and there are hundreds of not thousands) her MO isn?t sports, it?s improving the community around her, and as much as we like the Pels, they aren?t really enhancing anything in the community.
I give it 3 years before we are sold and moved. Anyone want to go in on a friendly wager?