Photo: Anthony Ferguson
NASSAU, Bahamas — Colina Financial Advisors (CFAL) President Anthony Ferguson said yesterday he was insulted by Wynn Group CEO Paul Wynn’s assertion that the government should purchase the Grand Lucayan hotel after he abandoned his bid to do so, the Nassau Guardian reported August 3.
“I was quite insulted by your good Mr. Wynn when he suggested, ‘It’s too much for me, but you know what? Y’all could do it’,” said Ferguson, who was a guest on the Guardian Radio 96.9 talk show “Z Live: Off the Record” with host Zhivargo Laing.
“Are you serious?”
Wynn told The Guardian on Wednesday that the high operating costs on Grand Bahama and the final sale price of $65 million led him to withdraw his bid to purchase the hotel.
Wynn said he notified the government last week that he was out of the deal.
He said the government should purchase the hotel and added that he is prepared to provide a loan to the government if it decides to do so.https://thenassauguardian.com/2018/08/03/grand-lucayan-a-tough-sale/
