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Oracle's Ellison Interested in AEG?

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  • Description

    FBN's Dennis Kneale on Oracle Corp.'s Larry Ellison's interest in a potential bid for AEG.

  • Duration 2:19
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Several islands to sports to one billionaire be making his group for an NFL team Dennis -- covering a story and he joins us now Dennis.

Sports talk about the Oracle software tycoon Larry -- said you know he's filthy rich.

But -- they really happy.

Reports are that Allison may be trying to make himself a little happier.

Maybe by bringing back an NFL football team to -- home -- a Los Angeles which lost both the raiders and the rams way back in 1993.

Alison.

May make it ten billion dollar bid for the sports teams and venues -- by a fellow billionaire Phil anschutz a Denver -- that includes that LA lakers in the NBA hockey's kings a hundred performance venues including Staples Center in LA.

And that could provide a platform some say for bringing an NFL franchise back to LA.

Larry Ellison has been haven't quite a run lately he gets spent half a billion on -- Hawaii island his stocks up big in the past year up 20% since May -- now worth over forty billion dollars thinks that.

35 years of blood sweat and toil and tyranny.

And our call.

The software -- he found it now Forbes says he was the top dollar Gainer on the Forbes 400 rich list this year.

And that island really nice the island that -- now let die in Hawaii at the -- -- not so bad.

Key clue though.

Oracle disclosed late last month that Ellison had pledged like four billion dollars of Oracle stock to secure new personal debt.

Phil anschutz he inherited -- tiny oiler driller in the sixties was daddy went broke he rebuilt it.

He later when -- -- Telecom entertainment he said to want ten billion dollars minimum or better others are interest did.

Allison now has four billion dollars in new credit burning a hole in his pocket Melissa yeah.

Yeah I mean what else would you do with four billion dollars you are brought -- not used -- -- got you don't need an island -- an avionics and -- team and I I.

-- -- 68 you know I heard some other talent who will remain nameless talking recently about.

Maybe he's -- some work do you think tennis I think if you answer and it afford it.

And he -- now a billion there and you know every billionaire on handled football team.

It acts play -- the island football team.

It's next perfect a giant diamond mine area there are all Saturn died instead plane I'm not sure Dennis -- -- front thank you so I think we're.

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