February 11, 2010, - 12:38 pm
Who is Shahid Khan?: No Limbaugh for NFL; But Tax Cheat Muslim (Named for “Martyrdom”) A-OK
The St. Louis Rams just announced that the team is being sold by relatives of late owner Georgia Frontiere to Shahid Khan, a Pakistani Muslim (who is named for Islamic martyrdom) from Illinois, who owns Flex-N-Gate Corporation, an auto parts manufacturer. But what’s interesting is that when Rush Limbaugh was a minority partner in a venture to buy the Rams, the NFL and its Commissioner, Roger Goodell, objected.
Not so with Khan, even though he’s had a number of questionable dealings with the IRS and tax problems. Normally those would be a problem with the NFL ownership committee. But maybe the NFL makes exceptions in the interest of Muslim affirmative action. Hey, it’s a good thing the football is no longer made of real pigskin, right? And in case you were wondering, his first name means “martyr,” as in martyr for Islam. Islamic terrorists call themselves shahids.
So who is Shahid Kahn? . . . He and his wife are involved in some on-going financial legal battles. . . . Khan and his wife, Ann, filed law suits last summer in Champaign County Circuit Court against several financial advisors. The couple claims they lost money when misled on tax-advantaged investment strategies. According to court records, the IRS investigated the Khan’s tax returns between 1999 and 2003. They found potentially abusive [DS: translation, “illegal”] tax shelters involving $250 million.
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