New Owner - Mat Ishbia

[taz02]

Losing a few billion isn't likely to impact the team spending under Ishbia.

My concern is that there will now be many pissed off investors and their lawyers analyzing everything. If everything was not done by the book, it could spiral and cause significant issues; lawsuits, SEC Investigations etc.

 

[Mainstreet]

This is what John Gamdadora poster on X (Twitter) yesterday.

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[ASUCHRIS]

I was really excited to have Ish as an owner - the more I see of him, the more concerns I have moving forward.

 

[Ouchie-Z-Clown]

Yes - he no longer has the ability to use his company as a piggy bank anymore, which could affect future flexibility with the Suns.

Waaaay too simplistic. Billionaires (and he’s still considered a billionaire) don’t use cash in hand for anything. They leverage their net worth, deduct mountains of interest and have cash to play with while their actual net worth is locked up in investments. The question will be whether lenders will consider him a viable investment option. I think likely still yes.