Goldwater is right to do anything in their power to block this nonsense... if this deal is so good, why does the financing have to come from Glendale? Why not a real lender? Why not? Because it is a bad investment - the team goes bankrupt again then whoever holds the loan paper is stuck with the debt. No one in their right mind would lend $100M to this sink hole. I have a hard time believing that it's getting serious consideration.
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