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Thursday, September 27, 2001

More on the story below this morning from the Oregonian after (at least) one of the TV news channels covered the story last night, KGW with a short interview with both Marshall Glickman and Mark Gardiner, both confirming that selling both the Beavers and the Timbers is a possible option, but having "no comment" on whether a buyer has been found yet. They also made it clear that their investment in PGE Park was always viewed as a long term one and that view remained the same. [Pissed me off though that KGW can spend time reporting a negative story about PGE Park, but can't find the same amount of time to mention the Timbers playoff run!!]

A couple of quotes from the Oregonian piece today - PGE Park Group May Sell Firm.

John Mangen, a spokesman for PFE's limited partners, said that selling PFE is under consideration, including the Portland Beavers Triple-A baseball team and Portland Timbers A-League soccer franchise.


The city would have to approve any sale of the teams, said Tim Grewe, the city's chief administrative officer. The teams would still play at PGE Park. And a new owner would have to comply with the terms of the existing contract, including making the required payments to the city.


All-in-all the article is more reassuring about the future of PGE Park and the Timbers, with all those involved having the opinion that PGE Park's success is important to them.

posted by the timberlog at 9:52 AM



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