By LG

Forbes is reporting that Browns owner Jimmy Haslam III is not being very truthful about his knowledge of the fraud that took place within his company Pilot Flying J. According to  Forbes a new class action suit filed was filled that claims Haslam gave the fraud his blessing.

Haslam has continued to say he had no knowledge of the scheme, the new class action filed states Haslam gave his “blessing” to it. Forbes is also saying, It is looking less and less likely that Haslam will keep the Browns.

Just a short time ago Jimmy Haslam III said he has no intention of selling the team. He said, he plans on keeping the Browns for a very long time. Haslam only has 70% interest in the Browns and Lerner still has 30%.

Haslam was suppose to buy the remaining 30% from Lerner within 3 years. Forbes is saying if Haslam sells the team the price tag would be around $987 million. This has to be a distraction for the team.

We are less than a week from the start of training camp and Haslam is doing a great job of putting up a smoke screen. All his legal issues have to be a concern to him. There is no way he can continue to keep his focus on football.

It is going to be interesting to see if charges get filed against Haslam himself. 5 of his employees have already plead guilty in court to the charges and it is only a matter of time until their stories come out. If you want to read the Forbes story click here.  The headline reads, Cleveland Browns Owner Knew Pilot Flying J Was Cheating Customers…..

 

Article Global Facebook Twitter Myspace Friendfeed Technorati del.icio.us Digg Google StumbleUpon Eli Pets

Filed under: Cleveland Browns

Tagged with: , , , , ,


Readers Comments (0)


Sorry, comments are closed on this post.