Redbirds Foundation treasurer John Pontius said the consolidation from five or six bondholders to a single firm could advance plans to eventually sell the team and ballpark.
Friday, December 24, 2010
The Year In Memphis Sports: Great Feats & Good Riddance
The Redbirds repeated as Pacific Coast League American Conference champions. After several years of financial struggles for the franchise and its stadium, long-term uncertainty remains. But franchise officials called it "very good" news when the bonds that financed AutoZone Park were sold to a New York private equity firm.
Redbirds Foundation treasurer John Pontius said the consolidation from five or six bondholders to a single firm could advance plans to eventually sell the team and ballpark.
Redbirds Foundation treasurer John Pontius said the consolidation from five or six bondholders to a single firm could advance plans to eventually sell the team and ballpark.
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