Mikhail Prokhorov has exposed on sale of 49% of shares of “Brooklyn nets”

Businessman Mikhail Prokhorov has exposed on sale of 49% of the basketball club NBA “the Brooklyn nets”. The buyer has not been found yet, but the billionaire has promised that a controlling interest in the club assets, in any case will be for him

Mikhail Prokhorov declared intention to sell 49% of the basketball club “Brooklyn nets” of the National basketball Association (NBA), the businessman told the Agency “R-Sport”.

He noted that the shares already offered for sale, but the buyer has not been found yet. “While this process goes on, looking for a buyer”, — said Prokhorov.

As reported by Mikhail Prokhorov TASS, he will remain the main owner of the club. “I am committed to “Brooklyn nets” and remain the primary owner of the team. My goal of finding partners in the local market is to continue strengthening the presence of the team in new York to expand our business and social relations,” – said Prokhorov.

In December 2016 Prokhorov told Bloomberg about his plans for the sale of “Brooklyn nets”. Then the businessman is not informed, what share in the club he plans to get rid of. The specific possible buyers of the shares of the club Prokhorov then did not name, noting only that the search for shareholders he attracted investment Bank Allen & Co.

Mikhail Prokhorov, with a fortune of $8.9 billion occupies the 145th place in the global rating Forbes. His company, Onexim Sports & Entertainment bought 80% of shares of the team “Brooklyn nets” and 45% stake in the Barclays Center stadium in 2010, the remaining shares of Forest City Enterprises belonged to the developer Bruce Ratner through. Then basketball team based in new Jersey in the United States. The total cost of securities purchased Prokhorov made $223 million In 2012, “Brooklyn nets” moved to new York.

At the end of December 2015 Prokhorov became the sole owner of the “Brooklyn nets”, bought from Ratner did not belong to him earlier share of the club. According to Forbes, a total of Prokhorov paid for the club is $875 million, and its home arena — $825 million, including debt. According to estimates of Bloomberg, which is about 10% cheaper than the previously announced cost of the club, which was $1.9 billion.