Sources: 76ers sales talks ongoing

Topdawg13 · Jun 8, 2011

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Philadelphia 76ers owner Comcast-Spectacor is in talks to sell the team to a group led by New York-based leveraged buyout specialist Joshua Harris, according to sources.

Negotiations are ongoing and a source with knowledge of the talks called a deal "imminent."

The Associated Press, citing a person familiar with the deal who spoke on condition of anonymity, said the team could be sold within the week. The source said Harris' group was not the only bidder but is now the lead bidder, adding the deal has been in the works for several months.

Once the parties reach final agreement, it would become official only with approval of the league's Board of Governors.
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Clipse · Jun 8, 2011

Good. It can't get any worse than our current owners. Ed Snider could give 2 ****s about the 76ers. All he cares about is the Flyers.

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Clipse mediocrity sucks

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Sources: 76ers sales talks ongoing

Topdawg13 New Member

Clipse mediocrity sucks

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