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fordfixer
08-05-2008, 09:34 PM
Rooneys to meet soon about Steelers' sale Updated: August 5, 2008, 12:54 PM EST 19 LATROBE, Pa. (AP) - Pittsburgh Steelers chairman Dan Rooney and his four brothers will meet soon at the request of NFL commissioner Roger Goodell to help resolve the team's unsettled ownership situation.http://msn.foxsports.com/nfl/story/8414 ... lers'-sale (http://msn.foxsports.com/nfl/story/8414010/Rooneys-to-meet-soon-about-Steelers'-sale)

A date for the meeting has not been announced.

At least three Rooney brothers want to share their shares each owns 16 percent to avoid costly future inheritance taxes for their children and grandchildren. The NFL also wants one owner to control a majority stake, although Dan Rooney who has run the team since the early 1970s owns only 16 percent himself.

Dan Rooney and son Art Rooney II, the team president, are attempting to buy enough shares to be the primary owners, but their two previous offers were for much less money than the Rooney brothers could sell for the open market. Those brothers apparently want to sell to Stanley Druckenmiller, a billionaire investor and Steelers fan who wants to buy into the team only if he has the majority stake.

If Druckenmiller becomes the primary owner, the Steelers will not be owned by the Rooney family for the first time since founder Art Rooney Sr. briefly sold the team in 1941 before repurchasing it a few months later.

Goodell asked for the meeting last weekend after being briefed on negotiations by former commissioner Paul Tagliabue, who is working as a consultant on the sale at Goodell's request.

Several Rooney brothers have decided to sell partly because they own shares of racetracks that now offer casino gaming not permitted by the NFL. Brothers Tim and Pat Rooney, who are involved in the family's racing business, have resigned from the Steelers board of directors and brother Art Rooney Jr., a former Steelers scouting director, has sold off most of his race track shares. The other brother, John, is believed to want to sell his shares.

The other 20 percent stake in the Steelers is owned by the family of the late Barney McGinley, who helped Art Rooney Sr. reacquire the Steelers in 1941.

NKySteeler
08-05-2008, 09:39 PM
The other 20 percent stake in the Steelers is owned by the family of the late Barney McGinley, who helped Art Rooney Sr. reacquire the Steelers in 1941.

... And that's because he married Arts' sister.....

Either way, I REALLY hope they find a way to keep it "in the family".

fordfixer
08-05-2008, 09:39 PM
The other 20 percent stake in the Steelers is owned by the family of the late Barney McGinley, who helped Art Rooney Sr. reacquire the Steelers in 1941.

... And that's because he married Arts' sister.....

Either way, I REALLY hope they find a way to keep it "in the family".
Amen

proudpittsburgher
08-06-2008, 03:17 PM
double-amen

frankthetank1
08-06-2008, 03:24 PM
its very scary to think that somone else might own the majority of the steelers. hopefully they can work something out. god i hate change so much

steelblood
08-06-2008, 04:28 PM
For me, it depends....

If the rooney's must borrow a ton of money, this may lead to a tightening of the purse strings for scouting, coaches, and perhaps players. If this is the reality, I may be happier with a owner with deep pockets.

NKySteeler
08-06-2008, 04:35 PM
For me, it depends....

If the rooney's must borrow a ton of money, this may lead to a tightening of the purse strings for scouting, coaches, and perhaps players. If this is the reality, I may be happier with a owner with deep pockets.

blood, from that aspect, I understand and agree with your point... But it's just such a shame to see all the history go away with the owner (if it happens)... It's been a great sense of pride for many, and I believe it affects how many players perceive thier own team, and is reflected in intensity at certain times.

Eddie Spaghetti
08-06-2008, 05:21 PM
give me a break. the history of the steelers cannot be bought and sold.

the players care about money. period.

druckenmiller could be very good for this franchise.

NKySteeler
08-06-2008, 05:24 PM
give me a break. the history of the steelers cannot be bought and sold.

... You're missing the point.

Eddie Spaghetti
08-06-2008, 05:27 PM
give me a break. the history of the steelers cannot be bought and sold.

... You're missing the point.

not really.

give me one instance when the intensity picked up because of an owner.

change could be a good thing.

NKySteeler
08-06-2008, 05:34 PM
There have been interviews with players, and they stated how much they respected the owner. Many times ... Same cannot be said for other organizations, at least not to this extent.

The POINT is that the Rooneys have been here since footballs' inception, as we know it, and helped form most of what we see today. The POINT is that it would be a very sad day if they are not involved... This team and organization has more class than most, if not all, in the league.

Eddie Spaghetti
08-06-2008, 05:43 PM
respect and playing harder are two different things brah.

i love the rooneys, my ****ing dog carries that name, but i also understand that the times they are a changing. this ain't the 70's. the old ways may not work so well anymore.

the POINT is winning championships. if stanley druckenmiller can help in that end, i am all for it.

NKySteeler
08-06-2008, 05:50 PM
Opinions are a "dime a dozen".... That's what brought us all here.

History is history, and we are lucky enough to have alot of it due to our owner.

Eddie Spaghetti
08-06-2008, 05:54 PM
so would you rather have dan and artie in control and not win a championship for another 10 years? and waste the bigben era?

i don't understand this mentality.

"dime a dozen" is right.

i will trade stability for championships any day of the week. and twice on sundays.

NKySteeler
08-06-2008, 06:08 PM
so would you rather have dan and artie in control and not win a championship for another 10 years? and waste the bigben era?

Obviously, the "dime a dozen" reference is directed towards our differing opinions. But that's just fine... Yes, I want Dan in control. There is no way to predict we won't win a championship with him, or win one without him... He is the reason that this team is revered as one of the most "quality" organizations, and that was what I was getting at... I won't toss that to the curb without good reason to do so. There are no guarantees that SD will be a quality owner, so I'll stay with what has worked well for the last several decades. ... And the "Big Ben" era won't be wasted either way, IMO.

Eddie Spaghetti
08-06-2008, 06:21 PM
agree to disagree then.

i fail to see how the rooney legacy will be kicked to the curb. last time i checked two of them were in the HOF. like i said, the history of the steelers cannot be bought or sold. that is simple to me. if Dan has to mortgage the future of the franchise to remain in control, short term or long term, that is undesirable to me as a fan.

there is also no evidence that SD won't be a quality owner either. i guess i am more of a steeler fan than a rooney fan. it would mean more to me if the rooneys stayed in control and won more SB's. but if you forced me to choose...

give me championships.

i'm not as concerned about who is signing the checks.

NKySteeler
08-06-2008, 06:35 PM
agree to disagree then.

i fail to see how the rooney legacy will be kicked to the curb. last time i checked two of them were in the HOF. like i said, the history of the steelers cannot be bought or sold. that is simple to me. if Dan has to mortgage the future of the franchise to remain in control, short term or long term, that is undesirable to me as a fan.

there is also no evidence that SD won't be a quality owner either. i guess i am more of a steeler fan than a rooney fan. it would mean more to me if the rooneys stayed in control and won more SB's. but if you forced me to choose...

give me championships.

i'm not as concerned about who is signing the checks.

Agreed. If Dan has to mortgage the home to keep the franchise it is a bad situation, as I rebuffed to another poster. It could pose problems.... Yes, there is no evidence that SD wouldn't be a quality owner... But there is no evidence that he would be a good one. Why change it if it ain't broke? Why gamble on an unknown without good reason? What if he came in and screwed-up the franchise completely? ... Now, there is no reason to believe he will, nor that he won't... And that's what I'm getting at... How many owners are better and what are the probabilities that he would be? It's a gamble... Now, we may not even have a choice, and neither you nor I matter, but I like what we have built and become under Rooney.

My original comments in a few posts in this thread referenced what Dan has done for this organization, and he has my respect because of it. Do you want change just for the sake of change?... Yes, I want championships as well, but there is alot more along the way that lead to the same result. We could be as crappy as the Ravens (who also have a championship), and we could have a terrible record like the Cardinals (due to a poor owner like Bidwell)... All in all, it ain't so bad with Dan at the helm.

Eddie Spaghetti
08-06-2008, 06:48 PM
it's a very sensitive issue. i have gone back and forth.

if Dan can pull it off and the team not suffer, i am all for it.

and we also don't know what kind of owner the lawyer would be. he scares me a little as well. the last name alone does not guarantee success.

i guess that's the beauty of change.

NKySteeler
08-06-2008, 06:57 PM
i guess that's the beauty of change.

Yes... It can be good... Or it can be bad. ... It's a gamble that we, as fans, will just have to accept either way it goes.

As I've stated before in another thread, I'm currently reading Dans' book... It's a great read and tells many stories about this team from early to late. Whether you like him or not, it is quite revealing as to how we got to where we are. I highly recommend it to everyone... You can get it at the Steeler store, and is worth every penny...

http://news.steelers.com/catalog/product/79407/


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