Sounds suitors revealed
Big Apple group with prime real estate holdings said to be prepping for meeting with Mayor this week
Two Japanese brothers, fronted by two New York businessmen, are the suitors for the Nashville Sounds, according to NashvillePost.com sources.An update to the story mentions that Yukihiro Hanzawa died in August, but there was an announcement scheduled for this morning.
Masahiro and Yukihiro Honzawa, along with New Yorkers Frank Ward and Steve Posner, make up the group looking to buy the Sounds. Ward apparently is employed full-time by the brothers, who operate the real estate group Hiro North American Properties.
Ward and Posner would put up between 5 and 10 percent of the money needed to purchase the team from current owner Al Gordon.
Follow the link in the excerpt below to find out about the tension:
The Sounds’ lease at Greer Stadium expires at the end of the year. Lease extension negotiations with Mayor Dean’s office reached an impasse last week.But...I can't find anything on a very brief look for the announcement.
1 comment:
It's a done deal. Not much detail yet but here's the initial article link:
http://www.tennessean.com/apps/pbcs.dll/article?AID=/20081030/SPORTS0401/81030031/1002/SPORTS
My father lives in a northern suburb and says for the last several years the owners and the city have been at odds about a proposed new downtown stadium.
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