From Sfchronicle · · 40s
John Fisher Sells San Jose Earthquakes
John Fisher sells San Jose Earthquakes to private equity firm for $625 million.
In brief
John Fisher sells San Jose Earthquakes to private equity firm for $625 million. John Fisher sold the San Jose Earthquakes to Heath Freeman of Alden Global Capital for $625 million, ending 20 years of ownership. Originally reported by Sfchronicle.
Sale Announcement
John Fisher agreed to sell San Jose Earthquakes to private equity executive Heath Freeman.
Deal Details
The sale includes Earthquakes and PayPal Park for $625 million, closing in coming weeks.
Fisher's Statement
Fisher said his family loved owning the club for almost 20 years and thanked fans and staff.
Freeman's Statement
Freeman stated his vision is winning on and off the field for San Jose and the region.
The main idea
John Fisher sold the San Jose Earthquakes to Heath Freeman of Alden Global Capital for $625 million, ending 20 years of ownership.
