Monday, November 21, 2005

Wizards might just stay in Kansas City

After a year of looking for a local buyer, there are signs that Lamar Hunt might have found one. The interested group is made up of Cerner Corporation co-founders Cliff Illig and Neal Patterson, Robb Heineman, Greg Maday and David French, of Rock Island Capital and an unnamed sixth member.

Shortly after Hunt announced the sale, he stipulated rules for buying the team. These rules involve funding capability, ownership stake, a general business plan, potential funding sources and location for developing a soccer-specific stadium. It seems this group has met all these requirements.

Hopefully an official announcement will happen soon and KC will reopen season ticket sales. For all KC Wizard fans, this might just be the great news everyone has been looking for, however, waiting to celebrate till the deal is done might be a very smart move.

Labels:

0 Comments:

Post a Comment

<< Home