Lerners’ sales agreement says the Browns must stay in Cleveland
Randy Lerner (above), in front of Cleveland City Hall.
The Browns can’t move.
The professional football team must stay in Cleveland.
It’s in the purchase agreement.
Paragraph one.
Otherwise, the previous owner, Randy Lerner, wouldn’t have sold the team in 2012.
Who is covering this up?
The Browns made the mistake of suing the City of Cleveland to start this contract dispute.
Now, the Browns made themselves subject to discovery.
The City of Cleveland can force the team to disclose its purchase agreement.
Maybe Jimmy and Dee Haslam sent the NFL a different contract.
The one without the Lerner clause.
According to Browns’ attorney, Anthony C. White, the Cleveland Browns are:
“owned by citizens of the United States.”
White filed this two-page Corporate Disclosure Statement in Oct. 24th with Cleveland Federal Court:
Earlier this month, the Cleveland Browns announced that they expect to receive $1.2 billion in tax dollars to fund a proposed domed stadium in Brookpark, a suburb of Cleveland.
In return, the team promises to create 870 jobs.
The projected figures are in Browns’ press release dated Dec. 5th, linked here:
Questions arise regarding the financial and political implications:
How many centuries will it take for payroll taxes from 870 jobs to repay the billion-dollar public investment?
Additionally, what would happen if the Ohio Department of Transportation refuses or delays issuing the necessary building permits for the new stadium in Brookpark?
What will Randy Lerner say in the upcoming Cleveland Federal Court trial the Browns initiated on Oct. 24th?
Will Lerner’s sales agreement differ from the purchase agreement produced by the Haslams and the NFL?
Also, what are the political ramifications of the Browns' lawsuit against David Yost, Ohio’s Attorney General, who announced two weeks ago that he is running for Governor?
What happens when former Cleveland Mayor and Congressman Dennis Kucinich becomes a party to the Browns lawsuit?
How many season ticket holders will the Browns lose from this fiasco?
How much is a personal seat license (PSL), an extra fee, added to the cost of a season ticket?
What happens when the fans discover in public court documents what scoundrels the Haslams and their son-in-law, JW Johnson, are?
Details are in this story:
How soon will the NFL force the Haslams to sell the team?
When will Dan Gilbert emerge as the new owner?
He currently owns the Cleveland Cavaliers.
How will the Browns recover from a three-win season?