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[Feigen] "[Rockets sale] is going to set the record" >$2b per Experts "Individual buyer"

Discussion in 'Houston Rockets: Game Action & Roster Moves' started by heypartner, Jul 26, 2017.

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  1. thedreamsteam

    thedreamsteam Member

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    #101 thedreamsteam, Jul 27, 2017
    daywalker02 and justtxyank like this.
  2. VivaChelseaFC

    VivaChelseaFC Member

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    The possibilities of a Chinese owner coming in is pretty low right now. Entangled interests between politicians and business people means a lot of the deals that they've made recently are been made for money laundering purposes. Maybe if the team don't sell until 2018, then you may see a Chinese owner coming in.
    So I guess nothing to do with isolation or tracking profits.
     
    #102 VivaChelseaFC, Jul 27, 2017
  3. MorningZippo

    MorningZippo Member

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    The idea that every potential Chinese business owner is laundering money is completely idiotic.

    Furthermore, anyone owning anything in the US is subject to our laws, regardless of how China feels about it.
     
    #103 MorningZippo, Jul 27, 2017
  4. heypartner

    heypartner Contributing Member

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    You said recent govt worries of owners doing money-laundering. That's what I meant by tracking profits. In the US, it's simply called tax evasion. I assume it's like the Wild West in China in this regards to businessman getting more and more freedom and access to owning business offshore... hence the crack downs.

    Is that a fair way of putting it.i was just guessing on obvious possibilities of hiding money. Do you have another example of "entangled interests between govt and business people" with regard to the specific business sector of sports ownership? I'm sure with other industries stuff like competitions of one biz man with another can lead to govt ****-blocking the one without enough political ties.
     
    #104 heypartner, Jul 27, 2017
    Last edited: Jul 27, 2017
  5. chenjy9

    chenjy9 Numbers Don't Lie
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    Best way a Chinese Rockets owners can launder money would be to give Harden his money in counterfeit ones.
     
    #105 chenjy9, Jul 27, 2017
  6. Icehouse

    Icehouse Contributing Member

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    However:

    "The vast majority of the Bezos fortune is tied up in Amazon stock, of which the CEO owns nearly 17%. That stake alone is worth $83 billion, meaning Bezos could just as quickly lose his new title as the world's richest man should Amazon's stock decline, or Microsoft's value rise."
     
    #106 Icehouse, Jul 27, 2017
  7. dandorotik

    dandorotik Contributing Member

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    He can still afford the Rockets easily.
     
    #107 dandorotik, Jul 27, 2017
  8. heypartner

    heypartner Contributing Member

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    That would be turrible, because strippers are the world's leading experts at spotting counterfeit ones.
     
    #108 heypartner, Jul 27, 2017
  9. chenjy9

    chenjy9 Numbers Don't Lie
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    LOL
     
    #109 chenjy9, Jul 27, 2017
  10. Deuce

    Deuce Context & Nuance

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    Go on...
     
    #110 Deuce, Jul 27, 2017
  11. daywalker02

    daywalker02 Member

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    No way Harden would put fake ones in their slips.....
     
    #111 daywalker02, Jul 27, 2017
  12. Supermac34

    Supermac34 President, Von Wafer Fan Club

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    I get the feeling it could be someone we've never heard of. There are dozens of people in Houston with enough money to buy the Rockets that you've never heard of or didn't know they were that wealthy because they don't show up on Fortune lists. Their money is in privately owned assets like minerals or oil and gas that doesn't get counted when Fortune does their lists (which skews heavily to people with easily counted public stock, or own companies that can have estimated values attached to them.
     
    #112 Supermac34, Jul 27, 2017
  13. daywalker02

    daywalker02 Member

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    He'd have taken over the universe if not for the other lab rat.
     
    #113 daywalker02, Jul 27, 2017
    justtxyank likes this.
  14. Ultimateian

    Ultimateian Member

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    I would love for Jeff Bezos to buy the Rockets. But does he even remember his time in Houston?
     
    #114 Ultimateian, Jul 27, 2017
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