Tuesday, April 20, 2010
Sports NewsMayfield's Mutterings: Illini to Stony Brook, NY

Greenberg says Rangers sale close to finished

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[April 20, 2010]  FRISCO, Texas (AP) -- The sale of the Texas Rangers could be completed by time the team plays its second homestand of the season in late April.

InsurancePittsburgh sports attorney Chuck Greenberg, who is heading the investment group buying the team, anticipates the complex deal to be completed the week of April 19. While saying that isn't a guarantee, Greenberg said Saturday that all the "different elements" that need to be accomplished were lining up to be done by then.

Greenberg's group, which includes Rangers president Nolan Ryan, had hoped to have the deal completed before the home opener Monday.

But the transfer of ownership from Tom Hicks to the Greenberg group has been complicated by the significant debt owed by Hicks' financially strapped Hicks Sports Group.

[Associated Press]

Copyright 2010 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


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