Russia’s richest man, Mikhail Prokhorov, has made a takeover bid for the New Jersey Nets, the tycoon confirmed on his blog on Tuesday.
Buying the nets is only ‘phase 1’ in Prokhorov’s plot to conquer the world through NBA dominance. But according to himself (as posted on his blog), the main reason he wish to host Nets is that he want to bring in the advanced organization system of basketball into Russia, and at the same, he is optimistic of the commercial value of this investment. Among his requirements, there are: 1. own shares of the new stadium and the Atlantic terminal project; 2. hold control interest of nets; 3. obtain the most advanced basketball training technique and use them in Russia. 4. Send the best basketball players, coaches and managers to train in nets.
It’s not immediately clear how much this is going to help the Nets’ move to Brooklyn, which has been delayed by legal disputes, issues with financing and problems with the local community. While all the nets fans are exciting about this, because the movement may lead nets to be the richest club in the league.
Prokhorov is flush with cash because he sold his assets prior to the global financial meltdown. His interest in the Nets is a testimony to just how far the American economy has declined.
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