All Things Pegula 2

beerme1

Registered User
Jun 27, 2011
957
489
He should sell. He failed.

I don't think he can now even if he wanted too. Nobody gonna pay a billion dollars for a team that probably hasn't made money in Pegula's entire ownership other than maybe the first year.
Bills are a different story but he will sell a minority stake and laugh all the way to the bank with that operation.
 

joshjull

Registered User
Aug 2, 2005
79,531
42,300
Hamburg,NY
I don't think he can now even if he wanted too. Nobody gonna pay a billion dollars for a team that probably hasn't made money in Pegula's entire ownership other than maybe the first year.
Bills are a different story but he will sell a minority stake and laugh all the way to the bank with that operation.
He could sell a 25% minority stake in the Sabres or rather the LLC that owns them like he's doing with the Bills. He would get back what he paid for them and then some, which is wild.
 

joshjull

Registered User
Aug 2, 2005
79,531
42,300
Hamburg,NY
When Pegula dissolved PSE and separated the Bills and Sabres ownership. What does the Sabres ownership look like now? When Pegula bought the Sabres he was buying Hockey Western New York LLC which owned the Sabres and Bandits. Not long after it (the LLC) bought the Amerks. I’m assuming he split off that LLC or created a new one that owns the Sabres, Amerks and Bandits.
 

TehDoak

Chili that wants to be here
Sponsor
Feb 28, 2002
32,174
9,465
Will fix everything
He could sell a 25% minority stake in the Sabres or rather the LLC that owns them like he's doing with the Bills. He would get back what he paid for them and then some, which is wild.

Assuming anyone would actually pay at that valuation.

They supposedly have looked into selling to private equity in the past (this was rumored a few years ago) and it fell through. My guess is that it would hard for him to sell off any piece of the team without ceding some actual control/oversight. The team is run like a family business currently more than a 1 billion dollar business.
 

Ad

Upcoming events

Ad

Ad