Selling SSL’s

Rate this topic
Discussion & News On The Los Angeles Rams
Post Reply
KellyF
Rookie
Posts: 4
Joined: Fri Jun 12, 2020 7:51 pm
Contact:

Thu Jun 25, 2020 4:50 pm

Anyone know if we’ll still be allowed to buy and sell SSL’s with there probably being no season?



User avatar
DMRamFan
Veteran
Posts: 516
Joined: Fri Mar 27, 2020 9:48 am
Location: South Orange County, CA

Thu Jun 25, 2020 4:58 pm

Knowing the Rams and the debts they are in... I bet you will happen. I just looked this up yesterday and still no answers yet though


Change my mind

ocram23
Pro-bowler
Posts: 3337
Joined: Tue Oct 15, 2019 6:12 pm
Contact:

Thu Jun 25, 2020 5:03 pm

DMRamFan wrote:
Thu Jun 25, 2020 4:58 pm
Knowing the Rams and the debts they are in... I bet you will happen. I just looked this up yesterday and still no answers yet though
yeah COVID could not have come at a worse time for the Rams. going to take years for them to get back on track



User avatar
DMRamFan
Veteran
Posts: 516
Joined: Fri Mar 27, 2020 9:48 am
Location: South Orange County, CA

Thu Jun 25, 2020 5:23 pm

ocram23 wrote:
Thu Jun 25, 2020 5:03 pm
DMRamFan wrote:
Thu Jun 25, 2020 4:58 pm
Knowing the Rams and the debts they are in... I bet you will happen. I just looked this up yesterday and still no answers yet though
yeah COVID could not have come at a worse time for the Rams. going to take years for them to get back on track
If you think about it almost everything that complex offers... has to do with group settings. So it will be interesting how they can make it profitable, but I'm positive the banks and capital groups all involved will delay any payments due for a while. But you better believe that Kronk will be demanding something to be done to bring in cash flow. I know the NFL is a committed tenant, and they also have residential housing... but that's about it I believe that we can do w Covid.


The development around the stadium will include the new Hollywood Park entertainment complex and master-planned neighborhood with over 8.5 million square feet (790,000 m2) for office space and condominiums, a 12-screen Cinepolis movie theater, ballrooms, outdoor spaces for community programming, retail, a fitness center, a lake with a waterfall fountain, a luxury hotel, a brewery, high-scale restaurants and an open-air shopping and entertainment complex.There will also be team stores for the Chargers and Rams.[87] The first new establishment to open service on the site was the new Hollywood Park Casino, which opened on October 21, 2016.

Performance venue
The stadium will also include a music and theatre venue that will be attached to the stadium. The theatre auditorium will have a capacity of 6,000 seats.

NFL Media Campus
The campus will become the new home of NFL Media, which is currently based in Culver City. The NFL will develop a 200,000-square-foot (19,000 m2) space to house office operations for hundreds of employees that work for NFL RedZone, NFL.com and the NFL app. It will also be the new site for the NFL Network headquarters. In addition to office and studio space, the facility will feature NFL Media's first outdoor studio and space to host studio audiences. The new NFL Media studio campus is expected to open by summer 2021.


Change my mind

ocram23
Pro-bowler
Posts: 3337
Joined: Tue Oct 15, 2019 6:12 pm
Contact:

Thu Jun 25, 2020 6:06 pm

DMRamFan wrote:
Thu Jun 25, 2020 5:23 pm
ocram23 wrote:
Thu Jun 25, 2020 5:03 pm
DMRamFan wrote:
Thu Jun 25, 2020 4:58 pm
Knowing the Rams and the debts they are in... I bet you will happen. I just looked this up yesterday and still no answers yet though
yeah COVID could not have come at a worse time for the Rams. going to take years for them to get back on track
If you think about it almost everything that complex offers... has to do with group settings. So it will be interesting how they can make it profitable, but I'm positive the banks and capital groups all involved will delay any payments due for a while. But you better believe that Kronk will be demanding something to be done to bring in cash flow. I know the NFL is a committed tenant, and they also have residential housing... but that's about it I believe that we can do w Covid.


The development around the stadium will include the new Hollywood Park entertainment complex and master-planned neighborhood with over 8.5 million square feet (790,000 m2) for office space and condominiums, a 12-screen Cinepolis movie theater, ballrooms, outdoor spaces for community programming, retail, a fitness center, a lake with a waterfall fountain, a luxury hotel, a brewery, high-scale restaurants and an open-air shopping and entertainment complex.There will also be team stores for the Chargers and Rams.[87] The first new establishment to open service on the site was the new Hollywood Park Casino, which opened on October 21, 2016.

Performance venue
The stadium will also include a music and theatre venue that will be attached to the stadium. The theatre auditorium will have a capacity of 6,000 seats.

NFL Media Campus
The campus will become the new home of NFL Media, which is currently based in Culver City. The NFL will develop a 200,000-square-foot (19,000 m2) space to house office operations for hundreds of employees that work for NFL RedZone, NFL.com and the NFL app. It will also be the new site for the NFL Network headquarters. In addition to office and studio space, the facility will feature NFL Media's first outdoor studio and space to host studio audiences. The new NFL Media studio campus is expected to open by summer 2021.
yeah they may take a bath with all that office space. they are going to get killed with the music venue that isn't coming back any time soon. movie theaters too. this will hopefully blow over in a year.



User avatar
ElAcky
Pro-bowler
Posts: 4141
Joined: Wed Feb 07, 2018 12:49 pm
Contact:

Thu Jun 25, 2020 11:58 pm

DMRamFan wrote:
Thu Jun 25, 2020 4:58 pm
Knowing the Rams and the debts they are in... I bet you will happen. I just looked this up yesterday and still no answers yet though
Kroenke has a vast portfolio where he can leverage the equity and debt efficiently... I don't think its a problem for him although ofcourse not ideal.

He has probably agreed to defer the payment on his loans already

Will be interesting to see what NFL do with TV though to counter the revenue losses of empty stadiums. I remember reading that TV licensing is the top revenue stream for NFL franchises.



User avatar
DMRamFan
Veteran
Posts: 516
Joined: Fri Mar 27, 2020 9:48 am
Location: South Orange County, CA

Fri Jun 26, 2020 2:34 pm

ElAcky wrote:
Thu Jun 25, 2020 11:58 pm
DMRamFan wrote:
Thu Jun 25, 2020 4:58 pm
Knowing the Rams and the debts they are in... I bet you will happen. I just looked this up yesterday and still no answers yet though
Kroenke has a vast portfolio where he can leverage the equity and debt efficiently... I don't think its a problem for him although ofcourse not ideal.

He has probably agreed to defer the payment on his loans already

Will be interesting to see what NFL do with TV though to counter the revenue losses of empty stadiums. I remember reading that TV licensing is the top revenue stream for NFL franchises.
Finally... A good football reply w no politics in it. Now was that... that hard?

And yes, I completely agree with you. The way most of these billionaires work, is if it is not making money... They sell. Kronk already made $2-3B pure profit (in some estimates) moving us back here and home. With this stadium and it's entire compound, It will generate a lot of money someday.
But, It all depends on just how much Kronk is willing to lose before he wants to have it turn a profit. Only hem his accountants/lawyers and maybe some boards he serves on know just how long he wants to do it. Also, as I am sure you know Kronk is worth a lot in his own right, but his wife is worth more, so yes. They can handle this storm until he wants to sell.
Just imagine this, trying being Spanos. The guy has no money (as owners go) and having to crack that nut every month. If Spanos did this, he'd be selling to the highest bidder right now. He is actually sitting pretty, as he owns nothing (land wise) and they are renting OUR stadium. I do not live far from the Charger's main offices in Costa Mesa, and he rented those offices and fields there for pennies on the dollar.


Change my mind

Post Reply
Rate this topic
  • Information