December 2, 2022

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Report: Congressional committee explores whether Washington leaders used two sets of books

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earlier today, Washington Post You mentioned that a congressional investigation of Washington’s leaders has begun Looking into financial irregularities. Now, some details are being added to this new branch of the probe.

AJ Perez of FrontOfficeSports.com reports that the House Committee on Oversight and Reform is Explore whether the team used two sets of books.

Perez explains that the committee is exploring several issues including: (1) whether the debt burden that Snyder took on last year is affecting the team’s finances. (ii) whether the team has used misleading accounting practices; and (3) whether there is a discrepancy between the compensation paid to men and women.

During #PFTPM on Thursday, Miles Simmons and I broached the question of whether someone had made the committee aware of the financial issues, perhaps in hopes of making it easier for the league to eliminate Snyder – if the league really got to the point of its deals with the man who bought the franchise in 1999.

No matter how the problem appears, it is likely to be a serious one. It can, depending on the evidence and the way it is handled, create potential criminal liability.



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