Not bashing the owner. All I'm saying is that, according to Forbes Magazine -- who, by the way, is the leading authority of measuring net worth of the wealthy, Alex Meruelo is not worth even $1B (which is half of what Meruelo says he is worth). Here, you can see for yourself:
Real Time Billionaires .
I personally think this discrepancy is strange.
Neither do you Jakey, or anyone else here (including me!!). I put a stake in the sand a few days ago, got great constructive feedback from other posters (thx everyone) which included accurate sources e.g., other press notes saying he was worth up to $14B from places like espn. That's how you make an argument!!! So, thx everybody.
At the time, I was just bringing up the point (rightly so I believe) bc it seemed like we were all assuming this guy is liquid enough to indefinitely eat tens of millions of dollars in operating losses per year -- I personally am not convinced although I do hope he can, especially depending how long it takes for fans to come back.
After listening to all of your points, my conclusion now is that we really don't know, maybe Meruelo is liquid enough to fund significant operating losses but maybe not. Yes, my view has changed from "he is probably broke" to "we don't really know" based on all the great points you all made. And that is a good thing, I think.
Obviously I hope he is liquid enough to competently support the team (that goes beyond saying), but I personally am not entirely sure. Time will tell
