Monday, September 21, 2020
UK

UK billionaires eye Mets

UK

The news of the Reubens being interested in buying the Mets broke one day after news of A-Rod and J-Lo adding Queens billionaire Mike Repole to their prospective ownership group

A new very wealthy dynamic duo might swoop in and purchase the Mets instead of power couple Alex Rodriguez and Jennifer Lopez.

Simon and David Reuben, brothers are part of the second richest family in the UK, are “exploring a bid,” Sportico reported Tuesday.

The brothers are likely drawn to the team because of the real estate development possibilities around Citi Field, the global media outlet added.

Born in India and raised in London, the Rueben brothers built their fortune in technology and real estate.

David Reuben, 81, lives in London while also owning residences Monaco and Florida. Simon Reuben, 79, splits his time between London and Monaco.

Forbes reports the brothers have a combined net worth of $14.4 billion … $7.2 billion each.

The news of the Reubens being interested in buying the Mets broke one day after news of A-Rod and J-Lo adding Queens billionaire Mike Repole to their prospective ownership group. Fox Business reported that Florida Panthers owner Vincent Viola also is “seriously considering joining.”

If A-Rod’s group is successful, he plans on running the Mets a la former Yankees teammate Derek Jeter, who is part-time and CEO of the Miami Marlins.

Devils hockey and Sixers basketball owners Josh Harris and David Blitzer also are reportedly looking into buying the Mets.

The Wilpons – father Fred and son Jeff – have been shopping the Mets for a couple years and reportedly were hoping to sell for $2.4 billion as of early this year. Due to the coronavirus pandemic, a deal in the near future probably will dramatically lower the sale price.

Important:
This article is for information purposes only.
Please remember that financial investments may rise or fall and past performance does not guarantee future performance in respect of income or capital growth; you may not get back the amount you invested.
There is no obligation to purchase anything but, if you decide to do so, you are strongly advised to consult a professional adviser before making any investment decisions.

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