Home MLB News MLB Club Sales Greenberg/Ryan Group Believes Texas Rangers Sale Done Before Opening Day

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Greenberg/Ryan Group Believes Texas Rangers Sale Done Before Opening Day PDF Print E-mail
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MLB Club Sales
Written by Maury Brown   
Friday, 05 March 2010 13:06

Texas Rangers

It has been all but quiet on the media front regarding the sale of the Texas Rangers to a group headed by Pittsburgh attorney Chuck Greenberg and Rangers president, Nolan Ryan, but that should could change shortly.

The sale, which is being reviewed by the 40 creditors of Hicks Sports Group, the club’s current owner, has a target date of Opening Day for the deal to be completed. Seventy-five percent of MLB’s 30 owners needs to approve the deal, but that is seen as a formality.

A high-ranking source in the Greenberg/Ryan group is “feeling good about” getting the ownership transfer done by Opening Day, adding “this certainly will be a busy month for tying down loose ends.”

More details as they surface.

Maury BrownMaury Brown is the Founder and President of the Business of Sports Network, which includes The Biz of Baseball, The Biz of Football, The Biz of Basketball and The Biz of Hockey. He is available for hire or freelance. Brown's full bio is here. He looks forward to your comments via email and can be contacted through the Business of Sports Network.

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