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The 5.2 is fmv, not Kronke's net worth

Posted on: September 19, 2018 at 00:40:30 CT
ScottsdaleTiger MU
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Couple of points: the fair market value of one's assets is not necessarily their net worth. FMV is simply what they would bring if sold in an arms length market transaction. Net worth is that number less debts and liabilities.

I.e. Kronke recently bought out the second largest Arsenal sharehholder for roughly 600 million British Pounds (something more than 600 million dollars). It strikes me as rather unlikely that he had that much cash on hand and he very likely had to go into debt to raise it.
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Kronke's teams worth 5.2+ billion - ScottsdaleTiger MU - 9/15 20:40:25
     The 5.2 is fmv, not Kronke's net worth - ScottsdaleTiger MU - 9/19 00:40:30
          RE: The 5.2 is fmv, not Kronke's net worth - Ragarm MU - 10/13 10:07:09
     He spoke at our HS graduation in '95. Speech sucked. nm - largefries MU - 9/18 21:24:29
     While I'm not a Bernie Sanders kind of guy I do wonder at - sprintcar STL - 9/17 10:53:26
          I know a very rich old man, and he once said, - MU-TULSA MU - 9/18 09:35:33
     Has he won any championships? I honestly don’t know - STLTIGER MU - 9/17 07:29:18
     He can't take that money to hell(nm) - Erwin Fletcher STL - 9/16 21:15:03
     RE: Kronke's teams worth 5.2+ billion - Ragarm MU - 9/16 11:30:31
     Yeah, and he told someone at Mizzou he would contribute... - Deputy Dawg MU - 9/16 10:15:31
     RE: Kronke's teams worth 5.2+ billion - st.charlestiger MU - 9/16 08:00:00
     and he is still a d-bag for crapping on STL - Catfish MU - 9/15 22:59:00
          STL corruption is the reason they don't have an NFL team - alstl MU - 9/16 08:44:56
          He’s not the only person living off that money though - STLTIGER MU - 9/17 07:26:41
          lots Of people in the world think you have too much money - *M* KC - 9/16 10:55:16
               RE: lots Of people in the world think you have too much money - Ragarm MU - 9/17 09:20:02
               by the way, there is at least one woman in the world - MNTIGER MU - 9/16 13:29:33
               RE: lots Of people in the world think you have too much money - MNTIGER MU - 9/16 13:26:24
                    You have absolutely no idea—none whatsoever, what - *M* KC - 9/16 13:36:33
                         RE: You have absolutely no idea—none whatsoever, what - THEGROVE68 MU - 9/20 05:40:02
                         RE: You have absolutely no idea—none whatsoever, what - MNTIGER MU - 9/16 13:49:13
          The country needs more multibillionaires - XRob MU - 9/15 22:51:06
               RE: The country needs more multibillionaires - Ragarm MU - 9/17 09:21:42
               RE: The country needs more multibillionaires - MNTIGER MU - 9/16 12:18:51
                    You know jack schitt. - alwaysright MU - 9/16 21:05:10
               Donald Trump(nm) - trripleplay MU - 9/16 08:30:26
     He's an a**hole - XRob MU - 9/15 21:26:20
          RE: He's an a**hole - Sunnyand70 MU - 9/15 23:07:36




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