DD-Sport > Basketball > North American sports team sales record! Celtics new boss s $6.1 billion in funding is in place

North American sports team sales record! Celtics new boss s $6.1 billion in funding is in place

May 16th In March this year, Chisholm, co-founder of Symphony Technology Group, agreed to acquire the Celtics from the Grosbeck family at a valuation of $6.1 billion.

According to a recent letter to existing shareholders received by the Boston Globe, Chisholm's funds for the acquisition of the Celtics have been fully in place, and the new shareholder team has finally confirmed it.

Chesholm Group will acquire 51% of the team's shares this summer, and the remaining part will be completed in 2028. Main manager Grossbeck is expected to continue to control the team until the end of the 2027-28 season.