FanShot

Kings Refinance $15m as part of sale

11

Not too much we didn't know in here, although I don't know if anyone knew about the additional $15 million loan from this Galatioto Sports Partners. I would love to see how the debt factored into valuing the team - in the finance world, enterprise value is, at a basic level, the dollar value of the enterprise plus the total debt of the enterprise.

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