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The Elephant In The Room That Nobody Is Talking About.
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Quote:He also has to prove that he has lost money for 3 straight years, meaning he has to open his books. That would make them public record...the NFL does not want that. I believe his obligation in the lease is to make the lease payments. As long as he's making the lease payment he is not in default of the lease thereby keeping his books to himself. The 3-year loss clause is only if he's breaking the lease. Regards.......................the Chiefjag |
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