A deal to purchase the San Diego Padres of Major League Baseball is reportedly close to completion for a record-breaking fee of $3.9billion.
According to The Wall Street Journal, private-equity billionaire Jose E. Feliciano and his wife, Kwanza Jones, are in pole position to get a deal done.
Purchasing the Padres for $3.9bn would see them smash the existing record, held by the New York Mets’ owner Steve Cohen, by a staggering $1.5bn.
More to follow.
A deal to purchase MLB’s San Diego Padres is close to completion for a record $3.9billion
