Michele Steele · @MicheleSteele
28th Jan 2011 from Twitlonger
Folks, here's the statement from the Mets on the team:
Statement from Fred Wilpon and Jeff Wilpon Regarding the New York Mets
Business Wire
FLUSHING, N.Y. -- January 28, 2011
Fred Wilpon, Chairman and Chief Executive Officer of the New York Mets, and
Jeff Wilpon, Chief Operating Officer of the New York Mets, issued the
following statement:
As Sterling Equities announced in December, we are engaged in discussions to
settle a lawsuit brought against us and other Sterling partners and members of
our families by the Trustee in the Madoff bankruptcy. We are not permitted to
comment on these confidential negotiations while they are ongoing.
However, to address the air of uncertainty created by this lawsuit, and to
provide additional assurance that the New York Mets will continue to have the
necessary resources to fully compete and win, we are looking at a number of
potential options including the addition of one or more strategic partners. To
explore this, we have retained Steve Greenberg, a Managing Director at Allen &
Company, as our advisor.
Regardless of the outcome of this exploration, Sterling will remain the
principal ownership group of the Mets and continue to control and manage the
team’s operations. The Mets have been a major part of our families for more
than 30 years and that is not going to change.
As we have said before, we are totally committed to having the Mets again
become a World Series winner. Our fans and all New Yorkers deserve nothing
less.