Browns Owner Jimmy Haslam's Pilot J Flying Company Reportedly $4 Billion In Debt

Browns owner Jimmy Haslam's Pilot Flying J company is $4 billion in debt and has a "downgraded" credit rating, according to the Wall Street Journal.

Pilot Flying J was recently investigated by the FBI for possible fraud. Haslam has denied any knowledge of the company's alleged questionable business dealings.

At the time of the FBI investigation, Haslam said at a news conference that Browns fans need not worry but since then he has been offering settlements to trucking companies.

Of greater concern, however, is Haslam's future as the Browns owner in the wake of the Wall Street Journal report, which stated that Pilot Flying J's debt nearly doubled to $4 billion over the last two years while the owners gave themselves two payments totaling $1.7 billion from it, according to Moody's Investors Service.

Source: Baltimore Sun

 

What the...How...F*cking Cleveland never gets any luck. Always the short end of the sh!t.

 

LA Browns?

 

I will murder everything moving.

And people would literally burn down the stadium if it happened again.

 

Well, that would certainly give all of the executives the motivation to implement the fraud program.

 

I think it's funny that people think he'll own the Browns for much longer