Author Topic: Lerners are Cheap - 2017  (Read 19442 times)

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Offline PowerBoater69

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Re: Lerners are Cheap - 2017
« Reply #100: February 07, 2017, 12:57:57 PM »
You know these real values? Among the unknowns, to me, are total original debt, total accumulated debt from when they bought out minority partners, total accumulated debt from other projects such as the spring training facility in Florida, interest rates, and term.

Forbes has the Nationals at 26% debt to value. Since value is $1.3 billion, that leaves $338 million in debt. Seems like they haven't paid much off in 10 years if it was "known" to be $360 million in original debt.

So please, enlighten me. Otherwise I fail to see how your hypothetical is more valuable, just because you claim everything is "known".

Calm down and read what I wrote before correcting me. The $450 million purchase price is known, the $1.3 billion current value is known, but as I wrote I'm not sure how much of that cost was financed. Speculation is fine but at least start off with the known values before guessing at the rest.