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The Chip Board Archive 25

Goldman Sachs Pulls Out Too!

On Monday night, Las Vegas Sands CEO Sheldon Adelson withdrew from the ongoing effort to finance a new $1.9 billion stadium in Las Vegas for the Oakland Raiders.

Now, Yahoo Finance has learned, Goldman Sachs is out as well.

Either that Review-Journal report was wrong, or the Raiders were wrong, or misled the NFL. A source close to the situation now tells Yahoo Finance that because Adelson is out, Goldman Sachs is also out.

Goldman Sachs indeed had a “commitment to finance a stadium with the Raiders and Sheldon Adelson in partnership,” says the source. Without Adelson, the partnership is over. There was not a commitment by Goldman to finance the stadium without Adelson.

http://finance.yahoo.com/news/goldman-sachs-pulls-out-of-las-vegas-nfl-stadium-deal-194408918.html

Messages In This Thread

Devil Adelson Withdraws Funding for Raider Stadium
Re: Devil Adelson Withdraws Funding for Raider Sta
Goldman Sachs Pulls Out Too!
I heard a story a month before the Chargers
Devil?
Re: Devil?
Re: Devil?

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