SleepingTitan Posted January 22, 2019 Author Report Share Posted January 22, 2019 "Fred Smith has a strong interest in the Titans." https://www.tennessean.com/story/sports/nfl/titans/2015/01/19/tennessee-titans-sale-tommy-smith/22022533/ Link to post Share on other sites More sharing options...
heyitsmeallen Posted January 22, 2019 Report Share Posted January 22, 2019 13 hours ago, Opus74 said: NFL does not allow corporations to own team. Fred Smith is "all in" on Memphis which will never, never, ever, ever get an NFL team. Doesn’t KSA industries own the Titans and each sibling has a certain % of the entire company? Link to post Share on other sites More sharing options...
japan Posted January 22, 2019 Report Share Posted January 22, 2019 (edited) 15 minutes ago, heyitsmeallen said: Doesn’t KSA industries own the Titans and each sibling has a certain % of the entire company? Maybe KSA pays the money out? I'm not sure how the actual ownership is structured. I know the people who work there get a check from KSA. Edited January 22, 2019 by japan heyitsmeallen 1 Link to post Share on other sites More sharing options...
SleepingTitan Posted January 22, 2019 Author Report Share Posted January 22, 2019 36 minutes ago, heyitsmeallen said: Doesn’t KSA industries own the Titans and each sibling has a certain % of the entire company? I think KSA is a holding company. Some others can shed light on that. I do know Susie is trying to get out. I think KSA owns a few things, including Susie's stake. Sale would include the entire holding co. "For starters, Smith’s Titans stake is contained inside KSA Industries, which includes oil and energy businesses, a huge ranch, and five or six auto dealerships, sources said. A buyer would therefore have to be willing to take on a larger investment." https://nypost.com/2017/11/08/nfl-issues-making-it-hard-for-owner-to-sell-tennessee-titans/ Link to post Share on other sites More sharing options...
StephenIsLegend Posted January 22, 2019 Report Share Posted January 22, 2019 14 hours ago, Opus74 said: NFL does not allow corporations to own team. Fred Smith is "all in" on Memphis which will never, never, ever, ever get an NFL team. Memphis is a shit hole. headhunter 1 Link to post Share on other sites More sharing options...
heyitsmeallen Posted January 22, 2019 Report Share Posted January 22, 2019 23 minutes ago, SleepingTitan said: I think KSA is a holding company. Some others can shed light on that. I do know Susie is trying to get out. I think KSA owns a few things, including Susie's stake. Sale would include the entire holding co. "For starters, Smith’s Titans stake is contained inside KSA Industries, which includes oil and energy businesses, a huge ranch, and five or six auto dealerships, sources said. A buyer would therefore have to be willing to take on a larger investment." https://nypost.com/2017/11/08/nfl-issues-making-it-hard-for-owner-to-sell-tennessee-titans/ Yeah maybe it is. I knew that Susie was trying to sell her stake in KSA and that included her 1/3 of the Titans. That’s how I knew that the company actually owned the team. Link to post Share on other sites More sharing options...
Thrill Posted January 23, 2019 Report Share Posted January 23, 2019 22 hours ago, BaddKarma said: So true, fuck the gov't. All the bullshit they allow, illegal wars they start, dabbling this socialism/corporatism,/crony capitalism, fuck those fucking fuckers. Ok, I need a drink... Get rid of the corporatism and capitalism and we might be ok. Cornrow Wallace, IowaOiler, and BaddKarma 1 1 1 Link to post Share on other sites More sharing options...
The Toddster Posted January 23, 2019 Report Share Posted January 23, 2019 On 1/21/2019 at 8:33 PM, Opus74 said: NFL does not allow corporations to own team. KSA Industries is the corporation that owns the Titans. 12 hours ago, Supdawg said: THat would be a tremendously stupid idea. They are building their own FedEx without the bloat. Wouldn't be surprised in 5-10 years that Amazon shipping is larger than FedEx LOL, don't know much about the transport industry, do you? Link to post Share on other sites More sharing options...
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