Posted on 06/02/2005 5:49:54 AM PDT by philsfan24
Billionaire financier and philanthropist George Soros has joined Washington entrepreneur Jonathan Ledecky's bid to purchase the Washington Nationals, Ledecky said in an interview yesterday.
"The Soros family shares my belief that the Washington Nationals are a community trust that can serve as a positive platform for the economic development of the inner city," Ledecky said.
Soros spokesman Michael Vachon declined to comment.
The Soros announcement is the latest in a flurry of activity in recent days as at least seven groups have filed initial bids for the Nationals with Major League Baseball, according to baseball sources. Several groups have added major partners in recent days: former secretary of state Colin L. Powell joined the Fred Malek-Jeffrey Zients group; Sallie Mae Chairman Albert L. Lord took over the William Collins-led group on Tuesday, and former Illinois senator Peter Fitzgerald became part of the Lord group.
Soros, 74, is worth $7.2 billion and is the 24th richest person in America, according to Forbes magazine. Soros's involvement is a major plus for Ledecky. Soros joins New York commercial real estate developer Marc S. Cohn and ABRY Partners, a private equity firm in Boston, as investors in Ledecky's group.
(Excerpt) Read more at washingtonpost.com ...
I wouldn't attend a game involving a team owned by that creep.
from a lifelong yankee fan it would be so fitting for soreass to own the washington nationals (the nations team)
the libs would be in all their glory in capital hill
He'd change the name to the Internationale.
Isn't he under indictment in some country EU-rope?
Go Orioles! (although I'm no fan of their owner either)
It is preposterous to believe that a sports team/facility can do anything to help the economic redevelopment of the inner city.
Baltimore says otherwise (warehouse district).
The Twins are going to try it, too, in the crummy part of Minneapolis.
Land values go way up, I guess.
Soros can't be allowed to own the Nats.He's beneath contempt.
"It is preposterous to believe that a sports team/facility can do anything to help the economic redevelopment of the inner city."
But let him try. Maybe it will distract him from politics. Maybe he can spend all of his money building an example of socialism doing something to help people.
At his age, someone must be lined up for the estate?
you beat me to it ... Soros will rename the Washington, DC, baseball team the Internationals.
Then he can go pound salt.
Just now I'm a divided-interest fan. I root for both the Nationals and the O's. One of the least attractive things about the O's is the ownership.
If Soros becomes a part owner of the Nationals I certainly would not want them to succeed. Soros is a menace.
Does anyone know where I can find a list of the individuals names in groups that are bidding for the Nationals? Collin Powell and Cal Ripkin are each in some group. Suspect Powell is in the Soros type group. Hope Ripkin isn't.
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