After months of deliberation, Arte Moreno has decided not to sell the Los Angeles Angels of Anaheim. After months of intensive review, the team’s owner has decided to retain ownership and continue to pursue his goal of bringing a World Series Championship to the fans.
In August, Moreno announced he had hired an investment bank to facilitate a potential sale of the team, with initial bids due next month. Potential buyers had been reviewing team finances and visiting the stadium.
Moreno has cited unfinished business and a desire to positively impact the future of the team as the primary reasons for his decision. This offseason, the Angels committed to a franchise record player payroll, and Moreno is still determined to bring a World Series Championship to the fans.
The decision to keep the team comes after months of speculation and consideration of a sale, and the decision will no doubt be met with cheers from the Angels’ faithful supporters. While it is not unheard of for an owner to field bids and then decide not to sell due to the bids falling short, in this case, with the Angels projected to have a competitive and successful 2020 season, Moreno’s decision to retain ownership is welcome news……
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Rising Dough
If you owned a sports team and put it up for sale, and received offers, why would you remind the decision to keep the team?
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Moreno has cited unfinished business and a desire to positively impact the future of the team as the primary reasons for his decision. This offseason, the Angels committed to a franchise record player payroll, and Moreno is still determined to bring a World Series Championship to the fans.
The main drivers behind Moreno’s choice, according to him, were unfinished business and a desire to have a good influence on the team’s future. The Angels made a record-breaking offseason player payroll commitment, and Moreno is still dedicated to winning the World Series for the fans.
The main drivers behind Moreno’s choice, according to him, were unfinished business and a desire to have a good influence on the team’s future. Maybe he’ll come back .