NYP: Mets owners on verge of refinancing debt

[Johnnydollaz89]

The Mets’ owners are on the verge of refinancing a $250 million loan due this Spring, reports Josh Kosman for the New York Post.
According to Kosman, the existing loan restricts the team from greatly expanding payroll. However, a source told Kosman, “There are no payroll limits written into the re-worked loan.”
Mets sources told Kosman they expect payroll will increase slowly in coming years, though it’s not likely to return to 2010’s $140 million any time soon.

Read More: New Loan Could End Mets Money Problems (New York Post)

Metsblog | Latest News, Rumors and Opinion about the Mets

 

[Tai Chi≈Surfing]

FFS..... PLEASE SELL THE TEAM, FRED!!!

New York Mets owner Fred Wilpon secures refinancing of $250 million loan - ESPN New York

 

[Johnnydollaz89]

It's getting annoying now, I can't stand the Wilpons. Destroying this franchise.

 

[Tai Chi≈Surfing]

It's getting annoying now, I can't stand the Wilpons. Destroying this franchise.

They've been systematically destroying this franchise for years, and whether or not it's by no fault of their own...the fact remains, they are guilty of gross malfeasance, impropriety, and have been proven to being inept and incompetent numerous times, both financially and morally.

 

[Chef99]

Why won't these people just go away?

 

[Johnnydollaz89]

They've been systematically destroying this franchise for years, and whether or not it's by no fault of their own...the fact remains, they are guilty of gross malfeasance, impropriety, and have been proven to being inept and incompetent numerous times, both financially and morally.

Why won't these people just go away?

Can we start a petition to rid ourselves of these assholes?

 

[Chef99]

Can we start a petition to rid ourselves of these assholes?

Yeah! Let's "Bieberize" 'em!

 

[Johnnydollaz89]

Yeah! Let's "Bieberize" 'em!

I'm down!!