Open, Anonymous Letter to Jerry Richardson

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by Morgan Fogarty
Bio | Email | Follow: @MorganFogarty by Photographer Adam Stevens

CHARLOTTE, N.C. - A full page ad, written anonymously, signed only Perturbed Panther PSL Owner Federation, accuses team owner Jerry Richardson of running a "pyramid scheme" and benefiting financially from Panthers' fans.  The PPPOF says it is a group of local business folks.

Even via email, they still wouldn't reveal their identities, telling FOX Charlotte's Morgan Fogarty,  "We have families, friends and businesses to protect.  While restoring Panther and community pride is important to us, it's not the most important thing to us."

The PPPOF claims it's gotten hundreds of supportive emails and tells Fogarty, "We literally have only received three negative responses."  FOX Charlotte got some negative responses via the Internet.  One man Facebooked, "Those who wasted their money should have given it to a charity or flushed it down the toilet. They own nothing. They have no say."  Another man wrote, "Cowards. If you are going to call someone out, sign your name to it."

A supporter tweeted "#onthemoney apart from it being anonymous #cowardlylions."  And another says, "Statistically accurate and anecdotally sound, this is a fair reflection on the community's mood toward the organization."

National sports consultant and NFL insider Marc Ganis says, "Anybody that gives this the slightest bit of credibility is being as foolish as this guy is."

Ganis says the Panthers are in the bottom half of NFL teams in terms of revenue.  But, he says the Carolinas and its residents have seen the greatest windfall of any community where an NFL team is, from the payroll tax revenue it generates to property taxes to income taxes to sales taxes.

Ganis says, "If this guy is a CEO of a company that has a board of directors, that board of directors better check that this guy actually understands financial statements and how businesses are run because he certainly doesn't have the first clue as to how the National Football League is operated."

The Charlotte Chamber, Center City Partners, the Visitors Authority and the mayor had nothing to say about this letter Monday.  The paper did confirm the anonymous writers spent between $10,000-$20,000 to have it published.

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