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Fire Sold; L.A. Firm Purchases From AEG
Topic Started: Thursday Sep 6 2007, 10:30 AM (124 Views)
WeatherManNX01
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The Yanks are coming!

From MLSnet.com:
Quote:
 
Andell Holdings, a Los Angeles-based private investment firm with global business and investment interests controlled by Chairman and Chief Executive Officer Andrew Hauptman, announced today the closing of the transaction for Andell to acquire AEG's interests in Major League Soccer's Chicago Fire. The purchase price was not disclosed.

"As a longtime soccer fan, I am so excited about our purchase of the Chicago Fire. Everyone at Andell, especially my wife Ellen and I, shares the Fire's commitment to tradition, honor, and passion. We're fully dedicated to working with the team, its fans and the Chicago community to build a championship franchise," commented Andell Chairman and CEO Hauptman. "Tim Leiweke and his team at AEG, Commissioner Don Garber and everyone at Major League Soccer, and Bridgeview Mayor Landek have been tremendously supportive of our ownership plans, and we're greatly appreciative of their cooperation and collaboration to successfully complete this transaction."


Full Article.

Good luck to the Fire and their new owners. I hope they do good things for the team and for the league. B)
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