He traded most of the club's best players in one of the biggest fire sales in sports history.
But in a written statement, they said, "We must emphasize that there is no question of fire sales."
Some years, the memorabilia end up at fire sales, adding to the costs instead of helping defray them.
"We haven't seen any fire sales yet, and I don't think we will," he said.
I think the company lurches in and out of administration (hence the fire sales every six months or so).
"I've been saying since day one that we're not about to hold any fire sales."
"I wouldn't call them fire sales, certainly not during Christmas, but some properties are getting nervous," he said.
There were no fire sales or auctions for town houses.
And the stocks sold through fire sales become so beaten down that investors can't resist buying them.
So it's a good bet that the prices of these stocks will be significantly affected by fire sales or forced purchases.