Showing posts with label Martin Silver. Show all posts
Showing posts with label Martin Silver. Show all posts

Sunday, January 30, 2011

Potential Mets Buyers have Emerged

One person is Mike Repole, who owns Kentucky Derby entrant Uncle Mo and made a fortune with the sale of Vitaminwater to Coca-Cola, according to the Daily News.

The Post countered by identifying Martin Luther King III, son of the late civil rights leader, as a potential buyer.

That group reportedly also would include Ed Kranepool and Donn Clendenon Jr., son of the ex-Met. However, that group wants at least a 50 percent stake, according to the newspaper, which is not what Fred Wilpon said is for sale.

Finally, multiple reports name Martin Silver, owner of Georgi Vodka, who has been outspoken for a while in wanting to purchase the club.

Saturday, January 29, 2011

Mets have potential buyer?

According to WCBS News,  There is a potential buyer in businessman Martin Silver.

Martin Silver,  a Long Island liquor mogul was offering to buy the Mets from Fred Wilpon. See NYDN Story
“Two years ago when this first came out, I put together some people and the Wilpons publicly told me they were not interested,” Silver said.

Silver’s still interested, but he still has to meet with the Wilpons before any more can be said of the franchise and any deals to be made.

Silver tried to buy the Mets in 2009 when the team was valued at $850 million, but he said the team is not worth that much anymore—a factor that would play a significant role in any deal.

The Long Island native is interested in buying 20 to 25 percent of the team. His interests stem from the desire to bring the Mets back.

“You gotta believe. The Mets are losing a lot of believers now. We want to get people behind the team. We want the stadium full again. We want the stadium rocking,” Silver said.

And the goal? Stop having the Mets play second fiddle to the Yankees.

“We gotta get the fanbase back. We want the New York fans to believe again. We don’t want the Yankees to get all the publicity with all the millions of millions of dollars they’re spending,” Silver said.

The money woes for the Wilpons come from the Madoff victims’ lawsuit that states the Mets owners were longtime and successful investors and they knew or should have known Madoff was operating a fraud.

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