Previous NFL quarterback Vince younger required a seven-figure loan to cover a birthday celebration throughout the 2011 lockout, relating to their previous economic adviser. (Picture: Andy King, AP)
- Younger required a seven-figure loan during the 2011 lockout for a birthday celebration
- Ronnie Peoples stated he contacted professional Player Funding LLC about loan after being told Young already taken care of celebration
- Younger is challenging $1.7 million judgment against him
DALLAS (AP) вЂ” The former economic adviser for ex-NFL quarterback Vince younger stated under oath though he was running low on funds that he arranged a high-interest, seven-figure loan for Young during the 2011 lockout because the player wanted to throw himself a $300,000 birthday party even.
Ronnie Peoples, president and CEO of Peoples Financial provider Inc. in Raleigh, N.C., stated during a videotaped deposition final thirty days which he contacted New York-based professional Player Funding LLC concerning the loan after being informed that younger had currently covered the celebration.
“we think we nevertheless could have been okay to go on and endure through to the next period, but he’d a birthday celebration occasion coming which he paid 300 plus some thousand bucks for,” Peoples testified. “that is exactly what prompted that call.”
A transcript of Peoples’ deposition, taken Jan. 16 in Raleigh, ended up being obtained by the Associated Press.
Younger’s lawyer, Trey Dolezal, stated Peoples’ account contains inaccuracies that are numerous like the declaration about the special birthday.
“We have no clue exactly exactly just just what he is speaing frankly about with all the birthday celebration and neither does Vince,” Dolezal stated. (more…)