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View Full Version : Qatar is buying a minority stake in Washington Wizards



JohnMax
06-22-2023, 07:23 PM
https://twitter.com/JoePompliano/status/1671961951730118658

BREAKING: The Qatar Investment Authority is buying a minority stake in Monumental Sports & Entertainment — the parent company of the Washington Wizards (NBA) & Capitals (NHL).

That makes them the first sovereign wealth fund to invest in a major US sports team.

https://twitter.com/JoePompliano/status/1671965181469917185

For those who don’t already know, the NBA recently loosened its rules to allow pension funds, endowments, and sovereign wealth funds to buy minority stakes in individual NBA teams.

This is the first deal — but it most certainly won’t be the last.

highwhey
06-22-2023, 07:26 PM
makes sense why they wanted landry shamet, he looks middle eastern. cuz he ain't a hooper thats for sure.

Full Court
06-22-2023, 10:23 PM
Of all the sports teams you could invest in with your country's sovereign wealth fund, why in the world would you pick the Washington Wizards?

I guess maybe there's nowhere for the Wizards' value to go but up....so Qatar could be pulling a genius move. :confusedshrug:

highwhey
06-22-2023, 10:24 PM
Of all the sports teams you could invest in with your country's sovereign wealth fund, why in the world would you pick the Washington Wizards?

sometimes to get in the door you have to step on shit.

bison
06-22-2023, 10:51 PM
makes sense why they wanted landry shamet, he looks middle eastern. cuz he ain't a hooper thats for sure.

Hopefully wizards can trade Al-Shamet to Al qaeda for some cash considerations

highwhey
06-22-2023, 11:09 PM
Hopefully wizards can trade Al-Shamet to Al qaeda for some cash considerations

:oldlol:

bdonovan
06-23-2023, 02:13 AM
People are looking at the 600% profit Jordan made in 13 years owning an NBA team and wanting in.

SATAN
06-23-2023, 02:23 AM
Interesting how LeHaters don't care about human rights abuses all of a sudden...

Full Court
06-23-2023, 05:28 AM
Interesting how LeHaters don't care about human rights abuses all of a sudden...

^Bitch fit.

https://external-content.duckduckgo.com/iu/?u=https%3A%2F%2Fmedia1.tenor.com%2Fimages%2F9e10d cacd2226e3f64209cbc5ebd13cd%2Ftenor.gif%3Fitemid%3 D10647085&f=1&nofb=1&ipt=357ef35120bdb17626235dfa017d8723d310b1b38bd19b 67565048e2e0459e9e&ipo=images

ILLsmak
06-23-2023, 06:32 AM
I still remember dying laughing when dude said while my qatar gently weeps on some forum and some girl got so mad. THATS NOT EVEN HOW YOU SAY IT. It's crazy how hard it is to switch gears as a B, or maybe it's easier for some, but for me it's crazy slow. Maybe cuz I am recovering.

Tell doods on reddit that it's not like the lottery or anything, it's multiple variables. We have to start using the word AND THEN basically or using advanced punctuation like 1 2 3 etc with a set dictionary definition.

Anyway... tell em it's more like walking into your kitchen and an elephant is there? lol. It's cool, but... I cracked other codes. I can only crack codes. I need massive information to connect something. The lotto is finite, think slot machines. Slot machines are the variable brain. Shep and Sheep but people resent submission and resent all of the times they are told they are wrong, and inherently rub against A since they seem to compete for B. It's evolutionary? I dunno. SOME PERSON MIGHT BE TRYING TO DELETE MY JEANS. IF U SCARED SAY U SCARED.

https://www.youtube.com/watch?v=tsfnuyyjaB0

Remember, metaphor means 1. Quantum is ZERO. ZERO. NOTHINGNESS. It's nothing to envy. lol.

-Smak

hold this L
06-23-2023, 07:41 AM
Of all the sports teams you could invest in with your country's sovereign wealth fund, why in the world would you pick the Washington Wizards?

I guess maybe there's nowhere for the Wizards' value to go but up....so Qatar could be pulling a genius move. :confusedshrug:

This is how they start, the NBA is about to become the oil club's bitch like the EPL currently is in 10 years.

bdonovan
06-23-2023, 01:10 PM
This is how they start, the NBA is about to become the oil club's bitch like the EPL currently is in 10 years.

Economic diversification before we move to renewable energy.

Charlie Sheen
06-23-2023, 04:15 PM
This is how they start, the NBA is about to become the oil club's bitch like the EPL currently is in 10 years.

England was okay with the $$$ when it attracted talent to the EPL... not so much with the rumors of the Saudi League raiding the EPL for talent :lol


Jamie Carragher
@Carra23
Bernardo Silva is in his peak years & has been one of the best players in Europe for the last five years!

I wasn’t worried about the Saudi League taking players in their 30’s, a touch worried with players below the elite (Neves) but if this happens it feels like a game changer 👀

Saudi have taken over Golf, the big Boxing fights & now they want to take over football!!

This sports washing needs to be stopped! @premierleague
@UEFA

https://twitter.com/Carra23/status/1671618274562285568

JohnMax
06-23-2023, 08:42 PM
Economic diversification before we move to renewable energy.

Are you from Middle East?

ArbitraryWater
06-23-2023, 08:52 PM
Must be the money they got from Argentina / FIFA for all those penaties

hold this L
06-24-2023, 12:40 PM
England was okay with the $$$ when it attracted talent to the EPL... not so much with the rumors of the Saudi League raiding the EPL for talent :lol



https://twitter.com/Carra23/status/1671618274562285568

Jamie is such a ****. "want to take over football"

Where the **** has he been living under? :facepalm