Merged: Fox Sports.com - Dolphins owner 'not actively looking' to sell

10 replies

PhinFanticPhinFanticNew MemberOP
Dec 15, 2007, 07:01 PM

http://msn.foxsports.com/nfl/story/7566180?MSNHPHMA

Here's part of the article that Wayne Huizienga said about 2 hours ago:

" Over the years I have fielded a number of inquiries from individuals interested in investing in the team," said Huizenga, who become sole owner of the Dolphins in 1994. "Most recently, we have had conversations dating back to April, with several similarly interested parties.

"My viewpoint, however, has always been the same. I am not actively looking to sell the Miami Dolphins, but I know there will always be individuals who are interested in becoming involved in some capacity in the team's ownership."

lbmclean_sjlbmclean_sjNew Member
Dec 15, 2007, 07:10 PM

"I am not going to coach at Alabama"

PhinFanticPhinFanticNew Member
Dec 15, 2007, 07:13 PM

I don't know if I buy it or not about what he said, but he spoke and the article came out from the AP about two hours ago.

PhinFanticPhinFanticNew Member
Dec 15, 2007, 07:17 PM

It's also on the Dolphins web page. " Discussions Date Back To April "

SASarahAnnNew Member
Dec 15, 2007, 07:23 PM

"lbmclean_sj wrote:

"I am not going to coach at Alabama"

Yup, usually only about 30% of what comes out of the front office and ownership is true.

first&goalfirst&goalluxury_box
Dec 15, 2007, 07:24 PM

Wayne loves the Fins, must be very hard for him to cope with the possibility of selling the team.

CrunchTimeCrunchTimeretired_admin
Dec 15, 2007, 07:25 PM

When you want to sell your business you dont advertise that you want to do so.It will have the effect of lowering your asking price .

Rather by the very fact you say that you are not interested you rustle up attention from potential buyers.Hopefully more than one so you can enter into a bidding war.

If he doesnt get his price then maybe he will stick around until the team becomes a winner.You will get more for your business if you show a fat bottom line and you are on top-Its just common business sense.

first&goalfirst&goalluxury_box
Dec 15, 2007, 07:27 PM

"CrunchTime wrote:

When you want to sell your business you dont advertise that you want to do so.It will have the effect of lowering your asking price .

Rather by the very fact you say that you are not interested you rustle up attention from potential buyers.Hopefully more than one so you can enter into a bidding war.

If he doesnt get his price then maybe he will stick around until the team becomes a winner.You will get more for your business if you show a fat bottom line and you are on top-Its just common business sense.

Great point, makes a lot of sense.

PhinFanticPhinFanticNew Member
Dec 15, 2007, 07:30 PM

Yup ! Wayne Huizienga is a great businessman ! You can look up his biography on alot of webpages and see how successful he was over the years.

lbmclean_sjlbmclean_sjNew Member
Dec 16, 2007, 03:38 AM

Dolphins' sale talks ongoing

Though Wayne Huizenga said he's 'not actively looking to sell' the team, his discussions with real-estate developers continue.

http://www.miamiherald.com/616/story/346670.html

According to three sources, the negotiations between Huizenga, Ross and Perez involve a complete ownership transfer of both the team and the stadium -- not a partial investment.

Huizenga is asking between $1.1 billion and $1.2 billion, one high-level source said.

The talks are also much more serious than most of Huizenga's past discussions with individuals interested in investing. Ross and Perez have met with Huizenga multiple times this year, as recently as last weekend.

PhinFanticPhinFanticNew Member
Dec 16, 2007, 04:35 AM

IMO I don't personally know the man. But, I wouldn't doubt anything that's going on at this point. He would never admit it even if he was selling the team or not. It's a business decision and I posted on another thread that Wayne Huizienga is a businessman first and foremost. I look at it as someone who just has grown tired of a business and just wants to sell it and of course, as long as he also makes a profit in the process. Just look at the biography of his life in business.

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