Ad Hoc Commitee reccos Excelsior

[Kasept]

http://www.drf.com/news/article/80659.html

First step in the long process..

Originally Posted by Kasept

http://www.drf.com/news/article/80659.html

First step in the long process..

Gee there's a shock huh? LOL!!
Did anyone think they wouldn't?

[blackthroatedwind]

Originally Posted by oracle80

Gee there's a shock huh? LOL!!
Did anyone think they wouldn't?

They were a cinch.

Empire couldn't even win a meaningless war. Gotta give the Ad-Hoc committee some credit for seeing through them.

Originally Posted by blackthroatedwind

They were a cinch.

Empire couldn't even win a meaningless war. Gotta give the Ad-Hoc committee some credit for seeing through them.

Yeah I mean, all those parties this past summer in saratoga where the ad hoc guys were sitting with the Excelsior guys at the dinner table have nothing to do with this!!! LOL!!!!!!!!!

[blackthroatedwind]

In a two horse race between Richard Bomze and George Steinbrenner who did anyone think would win?

Originally Posted by blackthroatedwind

In a two horse race between Richard Bomze and George Steinbrenner who did anyone think would win?

LOL!!!! Thats hysterical!!!!

Gee, I wonder what position Jerry Bailey will get ? Is he just an investor or will he be an active participant ?

.

[ELA]

No, I am not surprised by the outcome. I am a bit surprised by the scoring. Now before everybody jumps up and says this is meaningless, which I do understand, what I am talking about is more the "appearences" and the "aspersions" this recommendation has created.

Eric

Originally Posted by Kasept

http://www.drf.com/news/article/80659.html

First step in the long process..

Here's the take from the Bloodhorse.

" Excelsior said it would pay New York state $100 million up front and another $7.5 million over the 20 year life of the franchise "


http://news.bloodhorse.com/viewstory.asp?id=36474

ALSO from the T'Bred Times

"Panel members favored Excelsior's plan to run racing on a non-profit basis and keep it separate from video lottery terminal operations at Aqueduct and possibly Belmont. Empire was the only firm whose business plan called for a for-profit enterprise."

http://www.thoroughbredtimes.com/tod...67909&subsec=1

Originally Posted by ELA

No, I am not surprised by the outcome. I am a bit surprised by the scoring. Now before everybody jumps up and says this is meaningless, which I do understand, what I am talking about is more the "appearences" and the "aspersions" this recommendation has created.

Eric

WHy were you surprised?
Have you actually looked over the resumes of the folks on this "committee" and checked out their qualifications to make such recommendations?
For some, its hysterical!!!
It was a puppet squad, and they got more free dinners out of this whole thing than anything else.
As BTW said Bomze or Steinbrenner? I mean, you knew where this was gonna go when it started(the committee), funny thing is that its so meaningless . Its non binding, and a new governor is coming in. Do you really think Spitzer cares what Pataki's guys think?

[Cannon Shell]

Originally Posted by blackthroatedwind

In a two horse race between Richard Bomze and George Steinbrenner who did anyone think would win?

If the race was chug a lug I'd take Bomze

[Cannon Shell]

Originally Posted by point given

Gee, I wonder what position Jerry Bailey will get ? Is he just an investor or will he be an active participant ?

.

CEO of Inconsequential Affairs

Originally Posted by Cannon Shell

If the race was chug a lug I'd take Bomze

Ah, the great and famous horseman Bomze.
Does anyone know if he even has an owners liscense anymore?
When was the last time he ran a horse? The 90's?
Funny how he cares so much now about racing in NY.
I'm a NYRA guy, as far as this all goes, but anybody but Empire is my 2nd stance in the matter.

[ELA]

Originally Posted by oracle80

WHy were you surprised?
Have you actually looked over the resumes of the folks on this "committee" and checked out their qualifications to make such recommendations?
For some, its hysterical!!!
It was a puppet squad, and they got more free dinners out of this whole thing than anything else.
As BTW said Bomze or Steinbrenner? I mean, you knew where this was gonna go when it started(the committee), funny thing is that its so meaningless . Its non binding, and a new governor is coming in. Do you really think Spitzer cares what Pataki's guys think?

What I said was that I was not surprised by the outcome. The scores? Yes, a bit surprised. While I know this wasn't the creditors committee that sat over the Enron bankruptcy, puppet squad or not, like I said, I for one hope the recommendation is truly meaningless.

Now, in a horse race between Bomze and Steinbrenner, do we even have to talk about that? But it wasn't about those two in absolute terms. And no, of course I don't think Spitzer cares what Pataki's people think. But do you really want to have to be in this situation at all?

I do get everyone's points though.

Eric

[Cannon Shell]

Originally Posted by point given

Here's the take from the Bloodhorse.

" Excelsior said it would pay New York state $100 million up front and another $7.5 million over the 20 year life of the franchise "


http://news.bloodhorse.com/viewstory.asp?id=36474

If they take that deal then the whole Ad hock group should be brought up on charges. $250 million for the franchise? If I knew it was going to be THAT cheap I'd would have borrowed the $ from Dixie and bid myself!!

Originally Posted by ELA

What I said was that I was not surprised by the outcome. The scores? Yes, a bit surprised. While I know this wasn't the creditors committee that sat over the Enron bankruptcy, puppet squad or not, like I said, I for one hope the recommendation is truly meaningless.

Now, in a horse race between Bomze and Steinbrenner, do we even have to talk about that? But it wasn't about those two in absolute terms. And no, of course I don't think Spitzer cares what Pataki's people think. But do you really want to have to be in this situation at all?

I do get everyone's points though.

Eric

ELA, this committe was a joke from the start.

[blackthroatedwind]

Originally Posted by Cannon Shell

If they take that deal then the whole Ad hock group should be brought up on charges. $250 million for the franchise? If I knew it was going to be THAT cheap I'd would have borrowed the $ from Dixie and bid myself!!

Who do you think Excelsior really is?

[Cannon Shell]

Originally Posted by blackthroatedwind

Who do you think Excelsior really is?

Spitzer's boy Fields and a couple of billionaires

[Revolution]

Let's see they could have awarded it to a corrupt group like NYRA who didn't even offer to pay the $100 million unless certain conditions were met, or they can give it to the guys with integrity who offered to pay $100 million with no conditions and pay for more than $50 million in pension debt owed by NYRA.

Under a complex scoring system, Excelsior scored 94.6 in areas that included integrity and responsibility, financial viability and details that included plans for renovations of tracks and how to improving the racing industry while attracting more bettors to tracks. Empire scored 93 and NYRA scored 76.5 points. Real close. LOL.


Jack Knowlton was on the committee. Good enough for me. Nobody cares more about NY racing than the guy who owns the only NY bred Kentucky Derby winner.

BYE BYE NYRA.

Originally Posted by Revolution

Let's see they could have awarded it to a corrupt group like NYRA who didn't even offer to pay the $100 million unless certain conditions were met, or they can give it to the guys with integrity who offered to pay $100 million with no conditions and pay for more than $50 million in pension debt owed by NYRA.

Under a complex scoring system, Excelsior scored 94.6 in areas that included integrity and responsibility, financial viability and details that included plans for renovations of tracks and how to improving the racing industry while attracting more bettors to tracks. Empire scored 93 and NYRA scored 76.5 points. Real close. LOL.


Jack Knowlton was on the committee. Good enough for me. Nobody cares more about NY racing than the guy who owns the only NY bred Kentucky Derby winner.

BYE BYE NYRA.

Dude he doesn't know as much about racing as 50% of the folks on this board. Hes a nice guy, yeah, but casting him as the patron saint of Ny racing is kinda over the top.