Grumpy Old Man
Striker
I see that the potential new investors have an interest in the Miami Marlins MLB team.
Hope that’s not an omen. Because they have been terrible for years and are currently on course to record the third-worst season in over 150 years of baseball history.
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Only the ’62 Mets and 1899 Spiders (!) have done worse.
They aren't involved in running the Marlins in any way. They simply provided finance to the owners in the form of preference shares giving them a guaranteed dividend. They're effectively the bankers of a leveraged buy out.