Clipping:Negotiations for Von der Ahe to buy into the Athletics; Athletics ownership, value
Add a Clipping |
Date | Sunday, June 12, 1887 |
---|---|
Text | ...President Von der Ahe’s determination to purchase a controlling interest in the Athletic Club, if possible, has long been known, and it was generally supposed that the matter would be settled one way or the other as soon as Von der Ahe arrived here. The St. Louis president and Messrs. Simmons and Mason came together on Thursday, but no sale was effected. Von der Ahe offered $35,000 for the two-thirds interest held by these gentlemen, but it was declined. Lew Simmons said Von der Ahe’s figure was not big enough to buy out his interest alone and he knew Mr. Mason wanted as much as he did. When Von der Ahe demanded Simmons and Mason’s prices he said he was staggered. Fifty thousand dollars was very near the figure which each wanted for a one-third interest and they announced positively that they would take no less. It is not probable that there will be a change in the ownership of the Athletic Club this season at least. Messrs. Sharsig, Simmons and Mason are too well pleased with their property to dispose of it unless they get what they consider its full value. The Philadelphia Times June 12, 1887 [from the St. Louis correspondent] George Munson, the secretary of the club, returned home this week and reports the Athletic deal off. Two of the three partners wanted $50,000 each and Von der Ahe was only willing to give $35,000 for half interest. The Philadelphia Times June 19, 1887 |
Source | Philadelphia Times |
Tags | |
Warning | |
Comment | Edit with form to add a comment |
Query | Edit with form to add a query |
Submitted by | Richard Hershberger |
Origin | Initial Hershberger Clippings |
Comments
<comments voting="Plus" />