Wednesday, March 2, 2011

Bobby Valentine Expresses Interest In Owning Mets


Bobby Valentine?!? Really???
A number of names with strong ties to Wall Street have emerged as candidates to purchase part of the cash-strapped New York Mets.


The team has given Major League Baseball more than a dozen names to begin the vetting process, the New York Post reported on Wednesday. Faced with a $1 billion lawsuit by the trustee of victims of Bernard Madoff's Ponzi scheme, Mets ownership has said it will sell 20 to 25 percent of the team, but that number could go higher.


Former Mets manager Bobby Valentine has expressed interest in buying into the team. His group is headed by Anthony Scaramucci, the general manager of asset manager Sky Bridge Capital, the Post reported.


Another group expressing interest, according to the newspaper, includes David Heller, co-head of the Goldman Sach securities unit.


A third investment group includes Steve Starker, co-founder of trading firm BTIG, and Ken Dichter, co-founder of Marquis Jet.


The Mets have said that they are looking at multiple avenues to raise money for the team. They have already borrowed more than $20 million from MLB, according to media reports. The league has told the Mets that it will not loan them any additional money, The New York Times reported on Tuesday.

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