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Jon Bon Jovi, Possibly Buying ATL Falcons?

Posted: Mon Feb 07, 2011 8:40 am
by Skate4RnR
WOT!?

http://sports.espn.go.com/nfl/news/story?id=6095609

Jon Bon Jovi in Falcons talks

By Chris Mortensen
ESPN

New Jersey rock star Jon Bon Jovi has been in confidential negotiations with Atlanta Falcons owner Arthur Blank in which Bon Jovi would purchase 15 percent of the NFL franchise for $150 million, according to league sources.

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Blank on Sunday morning acknowledged the talks but downplayed them as "discussions that are unlikely" to produce a partnership with Bon Jovi. He would not elaborate, except to add that he did not think it was newsworthy at this stage.

Blank is among a select group of owners who have been seeking more minority partners to gain an infusion of cash that in Blank's case will also help him realize his plans to build a new outdoor stadium in the Atlanta area.

Bon Jovi was owner of the Philadelphia Soul, an Arena League team for five years from 2004-2009.

The two sides have signed a confidentiality agreement not to disclose details of negotiations but a league source pegged the financial talks based on a $1 billion valuation of the Atlanta franchise. Each percentage point would be valued at $10 million to arrive at the proposed $150 million on a 15 percent purchase, another source said.



$tevil needs to buy into the Dolphins just to piss him off!

Re: Jon Bon Jovi, Possibly Buying ATL Falcons?

Posted: Wed Feb 09, 2011 3:33 pm
by Subhuman Yeti
Why would he really want to blow millions on losers when usually only losers really want to blow millions on him?

Re: Jon Bon Jovi, Possibly Buying ATL Falcons?

Posted: Tue Feb 15, 2011 9:15 am
by Tommy
I can't see how the Falcons are valued at $1 billion. They don't own the Georgia Dome and they have the WORST fan base in the US.