- Jul 26, 2002
- Reaction score
But does he have enough other assets to do this?Essentially, Benson can't use the Saints as collateral for the shares of the team he intended to remove from the trusts. They don't want the three R's to have any pathway to claiming ownership, or suing for ownership, were Tom to somehow default on a payment or asset owed to the trust.
You are right. This is not good news. Problems with ownership impact FO, coaching and scoutingNFL rejects Tom Benson's ownership deal with estranged family's trusts | NOLA.com
Well this sounds terrible.
Except there isn't a problem with ownership. In the grand scheme of things, this is essentially a non-event. As another poster noted, it's simply a procedural issue that's easily remedied with a tweak in language. Nothing a competent attorney can't handle.You are right. This is not good news. Problems with ownership impact FO, coaching and scouting