Comments Thread For: Mayweather Seeking $61 Million From Bankrupt Casino

[Second Best]

This is not how it works. The only way he gets stuff back is if he's the biggest creditor and the bingo hall still has assets...... he aint getting nothing back, lol joke looking for 61m. Mayweather an idiot. Shouldve let 50 write the contract since Floyd's illiterate ass thinks this is the wire

You are offically on crack. Floyd has the best business advisors money can buy fool. The way you say it anybody can borrow 4 million dollars. Just give some dude 4 mil no problem. You might get it back if he wants to pay you. What freakin country do you live in?

[The Big Dunn]

You guys ever think floyd may have invested in this company the way, for example, hedge fund managers invest in start up companies. That doesn't always mean they can't go to banks.

[New England]

You are offically on crack. Floyd has the best business advisors money can buy fool. The way you say it anybody can borrow 4 million dollars. Just give some dude 4 mil no problem. You might get it back if he wants to pay you. What freakin country do you live in?

he's saying that although the casino people are likely to be found responsible for the 61 million and may legally owe it to floyd, they're not going to be able to pay it

just think about all of the other people they'll owe money (banks, the IRS, etc)

they wont have the juice to cover all of that in addition to a 61 million dollar debt to mayweather jr.

whatever they own (casinos, offices, etc,) will be sold. it will not equal 61 million dollars, and floyd is not going to be the only people who is owed money.

the IRS takes a huge percent if you owe them a lot of money, and they'll outweigh any banks, and certainly floyd mayweather jr, in seizing assets.

the bank that holds the loan on the casino gets first dibs on the building and it's wares
the bank with the loan on their offices gets first dibs on the office, etc.

61 million dollars is not coming out of the woodwork. floyd will probably never see this money. he'll see some of it. the men who owe it to him will die before they can pay it off.

[whoseyourdaddy]

Floyd lends 4 mil (which is chump change to him) and now has a chance to get 61 mil. sounds like a genius to me. even if he doesn't get it, still more than worth the investment

Are you Serious???????? What part of Bank rupt don't you understand? plus he is one of the many creditors....he can consider himself luky if he gets a million (which a doubt) didn't you read they took all the stuff from the casino slots machines and all.

[PAC-BOY]

lmao....they are bankrupt....hes getting nothing!!!
cant squeeze blood from a turnip.... hehehehehe

[Second Best]

he's saying that although the casino people are likely to be found responsible for the 61 million and may legally owe it to floyd, they're not going to be able to pay it

just think about all of the other people they'll owe money (banks, the IRS, etc)

they wont have the juice to cover all of that in addition to a 61 million dollar debt to mayweather jr.

whatever they own (casinos, offices, etc,) will be sold. it will not equal 61 million dollars, and floyd is not going to be the only people who is owed money.

the IRS takes a huge percent if you owe them a lot of money, and they'll outweigh any banks, and certainly floyd mayweather jr, in seizing assets.

the bank that holds the loan on the casino gets first dibs on the building and it's wares
the bank with the loan on their offices gets first dibs on the office, etc.

61 million dollars is not coming out of the woodwork. floyd will probably never see this money. he'll see some of it. the men who owe it to him will die before they can pay it off.

Ofcourse Floyds not getting 61 mil but filing this motion gets him access to the guys finances. Then maybe Floyd can settle with the guy or even the bank. This thing can take years to settle.

[PAC-BOY]

Are you Serious???????? What part of Bank rupt don't you understand? plus he is one of the many creditors....he can consider himself luky if he gets a million (which a doubt) didn't you read they took all the stuff from the casino slots machines and all.

lmao.....i know right...its funny how the ignorance with his fan base runs deep! heheheeee

[combatron]

thats business , sometimes things just dont go well , i doubt floyd will be paid back 4 million he lend in full under those circumstances , he's probably on the bottom of the waiting list to be paid for not filing right away

going to jail and now this , sucks to be floyd right now

[John Barron]

al haymon will handle it.

[New England]

thats business , sometimes things just dont go well , i doubt floyd will be paid back 4 million he lend in full under those circumstances , he's probably on the bottom of the waiting list to be paid for not filing right away

going to jail and now this , sucks to be floyd right now

he'll get the principal back eventually.

the crazy interest he'll likely never see paid back.