The MSG Sphere Reports Loss Of $98.4 Million And CFO Quits

0
39
The CFO reported a loss for the MSG Sphere project in Las Vegas.

*Featured Cover Photo Credit: MSG Sphere

The MSG Sphere just reported a lost $98.4 million and as a result, the CFO, Gautam Ranji, resigned from the multi-billion dollar venue. According to an article from the New York Post, MSG Sphere’s CEO, James Dolan, “yelled and screamed” at Ranji. Afterwards, Ranji, who then “calmly” left the office and in another meeting, he gave his notice to the executives present, including Dolan himself. A Securities and Exchange Commissions filing stated that the CFO’s resignation was “not a result of any disagreement with the company’s independent auditors or any member of…