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  • Rich2123
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    #71
    Originally posted by PKing
    Ahahahah you STILL dont get it.

    In 5 years they will have multi-year contracts with 7 different US networks plus the other revenue streams. Then just like the Fertitas did, W&R will sell 20% of PBC to an another investor for $250 million.

    In 7 years they sell another 10% at an even higher valuation. This goes on until they make their $500 million+ back as well as retain a significant stake as pure winnings.

    Like I said... you are DUMB.
    There's no way they're getting 7 different contracts from 7 different networks. The only reason they are on all these channels now is because they're paying for it.

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    • PKing
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      #72
      Originally posted by OnePunch
      that is a pipe dream.
      Didn't non-descript Ironman Triathlon just sell for $650 million?

      Geez you boxing guys are so small-minded.

      As in ridiculously small-minded.

      You wanted to see Top Rank continue Latin Fury PPVs?

      How SMALL minded LOL

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      • PKing
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        #73
        Originally posted by Rich2123
        There's no way they're getting 7 different contracts from 7 different networks. The only reason they are on all these channels now is because they're paying for it.
        Spike, CBS, Bounce, & NBC are virtual locks as it is dude.

        The only wildcards are really FOX and ESPN.

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        • bballchump11
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          #74
          Originally posted by GTTofAK
          Even on this forum bballchump is still an idiot. No they are not built to survive for 3-5 years without a profit. They were built to recoup in 5.
          Aw you know me. What's your other usernames? And they were meant to spend money now to realize a return (investment). They goal isn't to necessarily recoup all of their money in 5 years. The goal was to give them the PBC money to survive for 5 years without making a profit.

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          • GTTofAK
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            #75
            Originally posted by bballchump11
            Aw you know me. What's your other usernames? And they were meant to spend money now to realize a return (investment). They goal isn't to necessarily recoup all of their money in 5 years. The goal was to give them the PBC money to survive for 5 years without making a profit.
            Check the OP they said recoup. 5 year break evens are usually what lenders are looking for. I doubt they would have gotten the loan with a longer window. So dont try and change the ****ing story.

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            • bballchump11
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              #76
              Originally posted by GTTofAK
              I'm not framing anything. I'm giving you a basic understanding of basic finance terms. Given the structure of PBC I seriously doubt their models expected negative cash flow after initial sink.
              They are still in their initial sink stage. They're in their infant stage of the business life cycle. They just a few months ago had their first card on FOX and have yet to have their first cards on ABC.

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              • GTTofAK
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                #77
                Originally posted by bballchump11
                They are still in their initial sink stage. They're in their infant stage of the business life cycle. They just a few months ago had their first card on FOX and have yet to have their first cards on ABC.
                Sorry but no. They should be at or very close to positive cash flow by now. The initial big money has been sunk and the cards should be generating positive cash flow. They are not.

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                • PKing
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                  #78
                  Originally posted by GTTofAK
                  Check the OP they said recoup. 5 year break evens are usually what lenders are looking for. I doubt they would have gotten the loan with a longer window. So dont try and change the ****ing story.
                  Recoup in valuation you ******ed donk.

                  If they plunk $550 million down, in 5 years they have 7 multi-year contracts with 7 different networks with multi-year contracts with sponsors and global TV... yes, their 90% stake will be valued at $550 million worth of equity EASILY.

                  If you factor in future valuations... way more than $550 million.

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                  • El-blanco
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                    #79
                    Originally posted by PKing
                    Spike, CBS, Bounce, & NBC are virtual locks as it is dude.

                    The only wildcards are really FOX and ESPN.
                    Based on what exactly? You keep speaking absolutes with no evidence. Spike and bounce are small players. No investor is going to be impressed with securing that.

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                    • PKing
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                      #80
                      Originally posted by El-blanco
                      Based on what exactly? You keep speaking absolutes with no evidence. Spike and bounce are small players. No investor is going to be impressed with securing that.
                      Haymon founded Bounce.

                      Spike has been wanting to invest in boxing and is now doing so.

                      NBC was already putting on boxing with Main Events and now just needs to see the figures to invest more.

                      CBS is a parent to Showtime who already invests close to $30 million in boxing.

                      What else?

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