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John Fisher agrees to sell San Jose Earthquakes to Alden co-founder Heath Freeman in reported $625m deal
John Fisher and his partners have agreed to sell the San Jose Earthquakes and PayPal Park to Heath Freeman, president and co-founder of Alden Global Capital, the club announced Friday. The deal is reported to be worth $625 million, according to the San Francisco Chronicle and Sportico, and is expected to close in the coming weeks, bringing nearly two decades of Fisher’s ownership to an end.
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First reported by Yahoo Sports at · 3 outlets in all
- Yahoo SportsJohn Fisher agrees to sell San Jose Earthquakes to Alden co-founder Heath Freeman in reported $625m dealJohn Fisher and his partners have agreed to sell the San Jose Earthquakes and PayPal Park to Heath Freeman, president and co-founder of Alden Global Capital, the club announced Friday. The deal is reported to be worth $625 million, according to the San Francisco Chronicle and Sportico, and is expected to close in the coming weeks, bringing nearly two decades of Fisher’s ownership to an end.
- ESPNSources: Earthquakes sold to Heath Freeman of Alden Global for $625 millionAlden Global Capital co-founder Heath Freeman is purchasing the San Jose Earthquakes from John Fisher, following MLS owners' approval of the sale Thursday.
- The Athletic(subscription required)MLS's San Jose Earthquakes sold for $625 million to Heath FreemanThe co-founder of Alden Global Capital is the newest member of the MLS board room