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  1. #1
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    Wesley's Avatar
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    Cubs go Bankrupt

    Cubs File Bankruptcy Under Sale to Ricketts Family (Update2) - Bloomberg.com

    Ready for the New Year.



    Oct. 12 (Bloomberg) -- The Chicago Cubs filed for bankruptcy as part of a plan by owner Tribune Co. to sell the baseball team to the family of TD Ameritrade Holding Corp. founder Joe Ricketts.
    Chicago National League Ball Club LLC listed assets and debts of more than $1 billion in documents filed today in U.S. Bankruptcy Court in Wilmington, Delaware. The transfer has been approved by Major League Baseballís other owners.


    CFH HMagic bball season next year.
    Let my Fred's Four Horsemen ride: Georges, Hogue, Nader, and McKay.

  2. #2
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    Re: Cubs go Bankrupt

    This has more to do with the Tribune company than the Cubs franchise itself, correct?

    Funny money games.....



  3. #3
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    Re: Cubs go Bankrupt

    Yeah, it's just all on paper to make the sale go quicker because of the Tribune's financial troubles. The Cubs have always been their cash cow.


    Go Cubs Go!

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