Author Topic: MORE MAGNA MISERY  (Read 789 times)

NoCarolinaTony

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MORE MAGNA MISERY
« on: August 07, 2008, 12:00:36 AM »
http://www.thoroughbredtimes.com/national-news/2008/August/06/Magna-Entertainment-losses-surpass-575-million.aspx

Frank\'s floundering finances as more magna misery mounts.

selling all or part of santa anita is possible, will his friends from twinspires churchill help out again?

I doubt even  Hans and Franz can\'t Pump this business up....

NC Tony

Michael D.

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Re: MORE MAGNA MISERY
« Reply #1 on: August 07, 2008, 11:42:21 AM »
auto parts, real estate, gaming, and horse racing.

I\'m afraid Frank\'s in a hole.

too bad, because, unlike others, I still think the new GP has possibilities. without the cash though, forget it.

probably time for a cash infusion from the sheik or the Asians.

Silver Charm

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Re: MORE MAGNA MISERY
« Reply #2 on: August 07, 2008, 02:55:27 PM »
Michael D. Wrote:
-------------------------------------------------------
> probably time for a cash infusion from the sheik
> or the Asians.

How about an outright purchase. But they do not believe in gambling which is a bit of a problem when the concept was an rancino.........