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Football
Related: About this forumSteve Tisch, family planning to transfer Giants ownership stakes to children: Memo
His name came up in the Epstein Files. Might be an attempt to protect his assets.
New York Giants co-owners Steve, Laurie and Jonathan Tisch are requesting to transfer their stakes in the team to their children's trusts, according to an NFL memo obtained by ESPN.
The move is subject to approval by the league's finance committee, the memo shows. If approved, Steve, Laurie and Jonathan Tisch would no longer own any interest in the Giants, the memo states.
"Prior transfers to these Trusts were completed pursuant to 2023 and 2024 Finance Committee approvals," states the memo, which is dated March 11. "The Sellers now propose to transfer their entire remaining interests, totaling 23.1% of the Club, to the Trusts. ... Following the transactions, the Sellers will no longer own any interest in the Club."
When reached Wednesday and asked about the ownership transfer, a spokesperson for the Giants said he had "nothing to add." A league spokesperson declined to comment.
The move is subject to approval by the league's finance committee, the memo shows. If approved, Steve, Laurie and Jonathan Tisch would no longer own any interest in the Giants, the memo states.
"Prior transfers to these Trusts were completed pursuant to 2023 and 2024 Finance Committee approvals," states the memo, which is dated March 11. "The Sellers now propose to transfer their entire remaining interests, totaling 23.1% of the Club, to the Trusts. ... Following the transactions, the Sellers will no longer own any interest in the Club."
When reached Wednesday and asked about the ownership transfer, a spokesperson for the Giants said he had "nothing to add." A league spokesperson declined to comment.
https://www.tsn.ca/nfl/article/tisch-family-looks-to-transfer-giants-stake-to-childrens-trusts-after-epstein-links-surface-n1-48174929/
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Steve Tisch, family planning to transfer Giants ownership stakes to children: Memo (Original Post)
True Dough
8 hrs ago
OP
For those who missed it, his inclusion in the Epstein files had echoes of Harvey Weinstein
RockRaven
8 hrs ago
#1
RockRaven
(19,160 posts)1. For those who missed it, his inclusion in the Epstein files had echoes of Harvey Weinstein
insofar as Epstein sent young women to meet with a producer (Tisch, who has many producer and executive producer credits including Risky Business and Forrest Gump for example) whose interest was sex not casting. And when a young woman didn't go along with that agenda, they were berated by Epstein.
Auggie
(33,101 posts)2. "Future role with the team is unclear"
According to the link, the Tisch family co-owns the Giants with the Mara family, which has owned the franchise since its founding in 1925. Jonathan Tisch is the Giants' treasurer and is on the board, and Laurie Tisch is also on the board.
Let's see if he and his wife are removed from the board. And will his wife want to stay married?