The Eagles’ minority owner may benefit in unique ways from the Super Bowl
The Eagles’ minority owner may benefit in unique ways from the Super Bowl:- According to the Philadelphia Business Journal, Firstrust Bank Chairman Richard Green, who also owns a minority stake in the Philadelphia Eagles, said that the buildup to this year’s Super Bowl has been very similar to what he experienced prior to the team’s last appearance in the big game five years ago. However, Green would much rather be in the warm climate of Phoenix than in the cold climate of Minneapolis.
The significance of this change cannot be overstated for Firstrust, which has its headquarters in Conshohocken and is now the official bank of the Philadelphia Eagles. As a result, the company has more opportunities to capitalise on this distinction by adding customers and strengthening existing relationships. That is precisely what the bank is doing this week in Phoenix, and it will continue to do so.
Green told PBJ.com on Tuesday from Arizona, where he is preparing ready for Sunday’s game that “everyone on our staff and our customers are lot more involved in the process.” Green will be playing in the game on Sunday. “It’s not that you need it a lot to stir up any excitement, but there is also a little bit of a feeling of collaboration, of ownership, with our workers. This excitement is shared with each and every one of our customers.
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In the beginning, Green attempted to piece together an ownership group in order to make a bid for the Eagles in the year 1985. At the time, Leonard Tose was obliged to sell the club in order to pay off his gambling debts in Atlantic City casinos, which totaled more than $25 million. He was unsuccessful in his bid to purchase the franchise and lost out to Norman Braman, an auto salesman from South Florida who is originally from Philadelphia and who reportedly paid $65 million for it. Jeffrey Lurie, a native of Boston, was hoping to add another local businessperson to his ownership group at the time when Braman sold the club to him in 1994 for a reported price of $185 million. He went to Green, whose investment in the Eagles has turned out to be rather profitable given that Forbes estimates the team’s current valuation to be $4.9 billion.
More information on Green’s personal connection to the squad as well as the manner in which the firm is preparing for the Super Bowl can be found on PBJ.com.
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