It hasn’t been a secret that former President Trump wanted to buy an NFL team in the past. The Bills to be exact.
It didn’t work out for him as he wanted but he apparently had a plan b that worked out pretty well.
Becoming President. That apparently was his plan b. At least that’s according to Stephen A. Smith.
While on his show First Take, Stephen A. explained how Donald Trump called him back in 2014 to talk about being an NFL owner and if they didn’t approve his “application” for ownership.
The former president allegedly told Stephen A. that his plan was to become president and screw the NFL if he didn’t become an owner so we can reportedly thank the other owners of the NFL for Donald Trump becoming president.
If you aren’t aware of when Trump wanted to buy the Bills.
Michael Cohen’s testimony on Monday before the U.S. House of Representatives contained many allegations against President Donald Trump, a number of which claimed that Trump engaged in unlawful acts. One such allegation connects to the most recent sale of the Buffalo Bills and stems from Trump’s longtime interest in becoming an NFL owner.
Here is the relevant testimony from Cohen, who served as Trump’s attorney from 2006 to 2018:
I’m giving the Committee today three years of President Trump’s financial statements, from 2011-2013, which he gave to Deutsche Bank to inquire about a loan to buy the Buffalo Bills and to Forbes . . . It was my experience that Mr. Trump inflated his total assets when it served his purposes, such as trying to be listed among the wealthiest people in Forbes, and deflated his assets to reduce his real estate taxes.
To supplement his testimony, Cohen provided the House Committee on Oversight and Reform with documents purporting to be Trump’s financial statements from 2011 to 2013. The documents, Cohen testified, were submitted by Trump to Deutsche Bank in order to increase the odds that the bank would loan him the requisite finances to buy the Buffalo Bills. Those documents represent that Trump experienced an increase in net worth from $4.56 billion in 2012 to $8.66 billion in 2013. Most of this increase reflected the addition of purported “brand value,” totaling $4 billion. The term “brand value,” as it relates to Trump’s net worth, is apparently not defined in the documents. However, it presumably referred to the Trump brand that is linked to hotels, golf courses, television shows and other properties by the Trump Organization. It’s not clear why brand value was not claimed by Trump in prior years or why it amounted to $4 billion in 2013.
Such a weird story.
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