Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
Arte Moreno no longer selling Angels, will stay owner for '2023 season and beyond'
On second thought, Arte Moreno decided not to sell the Angels.
On Monday, five months after putting the team up for sale, Moreno announced he would retain ownership. Potential buyers had been reviewing team finances and visiting the stadium, and initial bids were due next month.
“During this process, it became clear that we have unfinished business and feel we can make a positive impact on the future of the team and the fan experience,” Moreno said in a statement. “This offseason we committed to a franchise record player payroll and still want to accomplish our goal of bringing a World Series Championship back to our fans.”
In August, Moreno announced he had hired an investment bank, stopping short of unconditionally committing to a sale but saying the process should start. “Now is the time,” Moreno said in a statement then.
https://www.latimes.com/sports/angels/story/2023-01-23/arte-moreno-no-longer-selling-angels
On Monday, five months after putting the team up for sale, Moreno announced he would retain ownership. Potential buyers had been reviewing team finances and visiting the stadium, and initial bids were due next month.
“During this process, it became clear that we have unfinished business and feel we can make a positive impact on the future of the team and the fan experience,” Moreno said in a statement. “This offseason we committed to a franchise record player payroll and still want to accomplish our goal of bringing a World Series Championship back to our fans.”
In August, Moreno announced he had hired an investment bank, stopping short of unconditionally committing to a sale but saying the process should start. “Now is the time,” Moreno said in a statement then.
https://www.latimes.com/sports/angels/story/2023-01-23/arte-moreno-no-longer-selling-angels
As a lifelong Angels fan and season ticket holder, I'm truly beyond disheartened and appalled at this news. Arte has turned this franchise into an absolute joke. And now this.
1 replies
= new reply since forum marked as read
= new reply since forum marked as read
