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The Sports Junkies

Junks on Josh Harris' business prospectus

The Sports Junkies

Audacy

Sports

4.31.7K Ratings

🗓️ 17 May 2023

⏱️ 16 minutes

🧾️ Download transcript

Summary

Transcript

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0:00.0

So now that Daniel Snyder has agreed to sell the commanders to the Josh Harris group,

0:15.0

we're getting more details.

0:17.7

Should we be offended cakes about Josh Harris and his group, put together a 43 page

0:25.8

prospectus.

0:26.8

All right.

0:27.8

Yeah.

0:28.8

The title was commander's investment opportunity.

0:31.3

Okay.

0:32.3

Why were we not approached?

0:35.3

Should we be offended?

0:36.3

I mean, I like good investment opportunities as much as or more than the next guy.

0:42.6

I would have liked to at least have been on thought of sending it up into my house.

0:47.4

He puts together the 43 page prospectus.

0:50.9

The title again was commander's investment opportunity.

0:53.4

I didn't receive one.

0:54.4

None of the junkies received one.

0:56.7

But Josh Harris used that to pitch other limited partners to buy into the deal.

1:03.0

In recent history, according to ESPN team buyers, such as David Tepper of the Panthers and

1:08.1

the Walton Penner family, the Broncos were wealthy enough to purchase clubs on their own.

1:12.3

So they didn't have to solicit limited buyers.

1:15.7

But Harris was seeking partners and we've talked about some of these partners.

1:21.7

But in this 43 page prospectus, a couple things jump out.

...

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