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Unlucky-Cake-6773 t1_iqwu501 wrote

Reply to comment by bigbigjohnson in TIL that in 1996, Dallas business man John Spano bought controlling ownership of the NHLs New York Islanders for $165 million dollars. After nearly a year it came to light he didn’t have nearly enough funds to complete his purchase of his team. by Mrpink415

It blows my mind that he showed up to the original deal without enough money and the previous owner sold anyway.

He was supposed to bring a certain amount and showed up with less than half and the original owner went through with the sale anyway.

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bigbigjohnson t1_iqxhypv wrote

So many red flags! And wasn’t it the Dallas Stars he tried to purchase first and they were like uhhh hell naw this guy ain’t legit?

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