Saturday at 03:38 PM3 days They are all connected, including their father, via UWM. Edited Saturday at 03:40 PM3 days by WhiteSox2023
Saturday at 03:47 PM3 days 26 minutes ago, Southwest Sider said:Anyone know if Justin's finances are connected to Mat's and UWM at all?Yes, I believe there is some overlap there. Justin also owns his own Private Equity firm which I believe makes up a significant portion of his wealth.
Saturday at 06:18 PM3 days Companies | Shore Capital PartnersShore Capital Partners is a private equity firm investing in the microcap healthcare, business services, and industrial sectors.They look to be pretty well diversified...What's that saying about not putting all your eggs in one basket?For individual investors, better never to have more than 10-15% of investments in any one stock, crypto, paintings, collectibles, farmland, real estate, etc.
Saturday at 06:36 PM3 days 12 minutes ago, PaleAleSox said:It's all fake money anyway.Bretton Woods speech incoming?Nixon and the gold standard? Fiat currencies?Trilateral Commission? Freemasons? Edited Saturday at 06:37 PM3 days by caulfield12
Sunday at 03:53 AM2 days 9 hours ago, PaleAleSox said:It's all fake money anyway.Give me some of that fake money!
5 hours ago5 hr An agreement between the Yankee Global Enterprises and Apollo Global Management will see the MLB team receive $2.6 billion from Apollo's sports investment side. The deal will allow the New York Yankees to refinance existing debt while also enabling them to pursue growth opportunities.The Steinbrenner family will continue to have full control of the franchise with Hal Steinbrenner staying on in his role as managing general partner."We welcome Apollo to the Yankees family. We are continually seeking ways to strengthen our positioning, and this partnership allows us to explore pursuing strategic opportunities," Steinbrenner said in a statement. "We look forward to a successful working relationship."The Yankees are the most valuable franchise in MLB with recent valuations from Forbes and CNBC ranging from $8.5 billion and $9 billion, respectively.yahoo.com/sportsTray...?PE investment. Good or bad for baseball? Why/why not?"Private equity ruins another American brand (Wendy's). Wall Street is not our friend anymore."John Galt III Edited 4 hours ago4 hr by caulfield12
1 hour ago1 hr "An individual private equity fund can hold no more than a 15 percent stake in a club under the rules of Major League Baseball. The exact percentage of Apollo's stake was not announced. Forbes' annual list of MLB franchise valuations listed the Yankees at $8.5 billion in March."In addition to the baseball team, Yankee Global Enterprises' assets include the YES Network and stakes in MLS club New York City FC and Italian soccer team AC Milan, all of which could benefit from the new money.Apollo Sports Capital is a branch of Apollo Global Management, a New York-based firm with nearly $1 trillion in assets under management. Apollo became the majority stakeholder of Spanish soccer power Atletico Madrid in 2025.reuters.com Edited 1 hour ago1 hr by caulfield12
1 hour ago1 hr I discussed my thoughts about Private Equity some time ago, which are pretty much in concert with Warren Buffet's.In discussing my thoughts I posted a University of Chicago Business Law Review Article: "The Dark Side of Private Equity"Personally, having gone through (personally and professionally) the stock market bubble in the early 2000's and the 2008 Mortgage bubble, my views on PEI, and in particular, PEI in Health Care and the Home Mortgage sectors have hardened. Those were not PEI related necessarily, but they were "bubblicious" like Ishbia's United Home Mortgage asset is proving to be.Regarding the Reinsdorf/Ishbia deal, at least as reported: https://archive.ph/ZcEvGThat deal struck me as a classic private equity/ leveraged buy-out. considering Ishbia's PEI promise to "pay-down debt" of the White Sox. Of course, leveraging debt is precisely what PEI do to gain leverage/control, manipulate valuation of assets, and ultimately make money, often at the cost of others.Meanwhile, I have no idea what White Sox debt Ishbia restructured and whether that restructured debt has done anything other than benefiting his own corporate/stock position.Regarding the reports that Ishbia is hell bent on moving the White Sox from their historical home, I think he should fvk off, fvk all the way off back to Michigan.Nothing he has done or reportedly done or proposed doing makes a stitch of sense to me. It's a high stakes fishing expedition. I recently read a post here suggestion a retractable roof stadium. Great idea but no, that kind of stadium would not fit on what is left of the "78" or the 47 acres across the canal that his PEI firm has a contingent deal to purchase. Of course he can sign another deal to add to the 47 acres or do whatever he wants. Edited 54 minutes ago54 min by tray
54 minutes ago54 min 8 minutes ago, tray said:I discussed my thoughts about Private Equity some time ago, which are pretty much in concert with Warren Buffet's.In discussing my thoughts I posted a University of Chicago Business Law Review Article: "The Dark Side of Private Equity"Personally, having gone through (personally and professionally) the stock market bubble in the early 2000's and the 2008 Mortgage bubble, my views on PEI, and in particular, PEI in Health Care and the Home Mortgage sectors has hardened.Regarding the Reinsdorf/Ishbia deal, at least as reported: https://archive.ph/ZcEvGThat deal struck me as a classic private equity/ leveraged buy-out. Ishbia's PEI promise to "pay-down debt" of the White Sox. Of course, leveraging debt is precisely what PEI do to gain leverage/control, manipulate valuation of assets, and ultimately make money, often at the cost of others.Meanwhile, I have no idea what White Sox debt Ishbia restructured and whether that restructured debt has done anything other than benefiting his own corporate/stock position.Regarding the reports that Ishbia is hell bent on moving the White Sox from their historical home, I think he should fvk off, fvk all the way off back to Michigan.Nothing he has done or reportedly done or proposed doing makes a stitch of sense to me. It's a high stakes fishing expedition. I recently read a post here suggestion a retractable roof stadium. Great idea but no, that kind of stadium would not fit on what is left of the "78" or the 47 acres across the canal that his PEI firm has a contingent deal to purchase. Of course he can sign another deal to add to the 47 acres or do whatever he wants.Where are the reports of him wanting to move out of Chicago?? I am pretty certain you made that up.
50 minutes ago50 min 4 minutes ago, Squirmin' for Yermin said:Where are the reports of him wanting to move out of Chicago?? I am pretty certain you made that up.Never said that. Don't put words in my mouth or lie or falsely accuse me again.
34 minutes ago34 min 15 minutes ago, tray said:Never said that. Don't put words in my mouth or lie or falsely accuse me again.Or what? Lmaoyou have absolutely intimidated that Ishbia is only here to pilfer the white sox and leave.
19 minutes ago19 min 15 minutes ago, Kyyle23 said:Or what? Lmaoyou have absolutely intimidated that Ishbia is only here to pilfer the white sox and leave.He also literally said it in his blog post lol"Regarding the reports that Ishbia is hell bent on moving the White Sox from their historical home, I think he should fvk off, fvk all the way off back to Michigan." From @tray ... literally
7 minutes ago7 min 47 minutes ago, Squirmin' for Yermin said:Where are the reports of him wanting to move out of Chicago?? I am pretty certain you made that up.Forget it, he's rolling.
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