So you want to buy the New York Mets ?

So you want to buy the New York Mets ?

So you always wanted to own a Major League Baseball team , but you cant raise the scratch ? On Wednesday, three friends started an Internet bid to acquire the New York Mets and the team’s nearly 70 percent stake in SNY. BuyTheMets.com is seeking fans of all kind to sign up to buy shares at $999 each , but for now no money is changing hands and fans can sign up only to express their interest.

“We have a serious plan that should be taken very seriously,” according to Bill Heyn a Mets fan since the early 1980′s , who devised the Web site plan with James Preissler and John Calce, two of his partners at Tritaurian Capital, an investment bank. “The whole goal is to do this for the people of the city “of New York.

http://www.manhattanstyle.com/sports/so-you-want-to-buy-the-new-york-mets/

Mets to sell 49% stake

Mets to sell 49% stake

In a very significant move the Mets team ownership has chosen a preferred bidder a group led by former commodities trader Ray Bartoszek and investor Anthony Lanza have been in advanced talks since last week on the proposed deal to sell up to a 49 percent stake in the down and out Mets for $200 million.

The talks have reached the iron out details stage, could be wrapped up and announced by month end. One of the sticking points, is whether the bidders will be allowed to purchase a small piece of SportsNet New York, the profitable regional sports network controlled by Sterling Equities, the investment firm run by Mets owners Fred Wilpon and Saul Katz. Sterling Equities is the current 100 percent of the Mets.

http://www.manhattanstyle.com/sports/mets-to-sell-49-stake/