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Sport NYC mayor Bill de Blasio trying to block sale of Mets to Steve Cohen

03:25  29 october  2020
03:25  29 october  2020 Source:   yardbarker.com

Steve Cohen takes next step in finalizing deal to buy New York Mets, per report

  Steve Cohen takes next step in finalizing deal to buy New York Mets, per report Cohen was approved by MLB's Ownership CommitteeLifelong Mets fan Steve Cohen will soon own the team, officially.

Mayor Bill de Blasio 's sign-off on the sale was widely expected to be a formality — but he struck a more cagey tone during his daily press briefing on Monday. Mayor de Blasio ’s cagey response on blocking Mets ’ sale to Steve Cohen .

De Blasio is trying to kill Mets sale to Steve Cohen . Bill de Blasio has privately told Major League Baseball that Cohen ’s hedge fund, S.A.C. Capital Advisors, rather But here’s the more important one: Ramos also penned an op-ed in July endorsing the sale of the Mets to the group led by Alex

The mayor of New York City is trying to block the sale of the New York Mets to billionaire hedge fund owner Steve Cohen, according to a report.

Bill de Blasio et al. standing in front of a crowd © NorthJersey.com-USA TODAY NETWORK

The New York Post published an article on Wednesday about the subject and says that Mayor Bill de Blasio has been working behind the scenes to scuttle the deal. Cohen originally had a deal to buy the Mets earlier this year, but that fell through. After the team was put up for sale a second time, Cohen prevailed with the winning bid.

But according to the Post, de Blasio is trying to use this as an opportunity to extend his “stick it to billionaires” campaign policy. The mayor reportedly believes they have the ability to interfere because Citi Field technically is a city park. The city has to approve a lease of the land to the new owner.

Rudy Giuliani joins a long list of political figures pranked by Sacha Baron Cohen

  Rudy Giuliani joins a long list of political figures pranked by Sacha Baron Cohen Before tricking Rudy Giuliani in the "Borat" sequel, Sacha Baron Cohen pulled one over on Roy Moore, Dick Cheney and even Donald Trump on "Who Is America?" and "Da Ali G Show." Soon enough, Borat bursts into the room, exclaiming, “She 15. She too old for you. She my daughter, please, take me instead.” (The actress, per IMDb, is 24.) The Kazakh characters’ plan had been to garner the American government’s favor by presenting Tutar as a “gift” to a Trump ally — hence the film’s impossibly long subtitle, “Delivery of Prodigious Bribe to American Regime for Make Benefit Once Glorious Nation of Kazakhstan.

New York City Mayor Bill de Blasio finally, himself, addressed the rumors that he could play a role in potentially blocking Steve Cohen from taking over as majority owner of the New York Mets . “This is something our law department is evaluating, we’re going to get to a resolution on this very quickly

New York City Mayor Bill de Blasio may have created a collective sense of dread among legions of Mets fans Monday when he was asked if he might try to block the sale of the Queens baseball team to billionaire hedge fund titan Steve Cohen . De Blasio told reporters in a press conference that

De Blasio reportedly believes he can use a clause about moral turpitude to block the sale. The clause prevents anyone who has been convicted of a felony or owns a company that has been convicted of a felony from leasing Citi Field.

Cohen pleaded guilty to insider trading charges in 2013 and paid a fine, but he did not plead guilty to a felony. Lawyers apparently have already looked into this issue and believe that Cohen would prevail in a lawsuit.

Another factor at work is that the Post says New York State Senator Jessica Ramos is also involved in the issue. She previously endorsed Alex Rodriguez and Jennifer Lopez’s ownership bid.

MLB reportedly preferred Cohen to Rodriguez and Lopez’s ownership group.

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Prince George's crime report

  Prince George's crime report Prince George's crime report District 1

Mr. Cohen tried to buy the Mets during those heady days, when the Wilpons became vulnerable because of their investments in Bernard Madoff’s Ponzi scheme. Mr. Cohen seldom spoke publicly, and rare glimpses into his thinking, gleaned mostly from court papers, revealed a brazen character who

New York Mets fans are stuck with the Wilpons indefinitely. Steve Cohen , who was expected to take majority control of the team following the 2024 season, has reportedly told the franchise he wants to back out of the deal after the Wilpons attempted to change its terms, according to the New York Daily

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Wilpons, Steve Cohen finalize sale of Mets .
Friday’s development is something of a formality, as it became apparent Cohen cleared the final major hurdle in the sales process when he got approval from the league’s owners last week. Nevertheless, Mets fans will surely be happy to put a bow on the year-long saga, which saw Cohen’s negotiations with the Wilpons last offseason fall through. Ultimately, the parties came back to the table this summer after Cohen beat out a few competitors for exclusive negotiating rights. This time, they agreed upon a sale for around $2.4 billion.

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This is interesting!