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Casino Fortune makes public $325 million offer to Phoenix Suns
April 16, New York, NY - Casino Fortune (www.CasinoFortune.com), one of the largest and oldest online casinos in the U.S. announced today a public $325 Million offer to the Phoenix Suns. Executives from the casino will be traveling to Phoenix next week for a face to face meeting with officials of the Phoenix Suns.
Phoenix Suns management and the National Basketball Association have not yet responded to repeated inquiries of the online casino, and media reports have indicated that an American investment group announced an offer of $300 Million. Casino Fortune intends to place a counter offer for the basketball team that will compel team owners and the NBA to reconsider the sale.
"We have made it clear that we want this team," said Casino Fortune senior vice president, Dennis Rose. "Yet almost every effort we made to implement the sale was obstructed by the NBA, Lehman Brothers and even The Suns' office. We are a global casino operation, we have the money and we want the team."
For the past year, Casino Fortune has been searching for a suitable professional sports team to own. The recent revelation that the Phoenix Suns were officially up for sale prompted Casino Fortune senior vice president, Dennis Rose to seize the opportunity.
Casino Fortune is the oldest casino on the World Wide Web and one of the top three industry leaders in online entertainment. With a majority of their clients residing within the United States, Casino Fortune leadership decided the time is right to further invest in American leisure and entertainment.
"We will buy this team and begin incorporating our brand into uniforms and perhaps the name of the team. We are one of the few online casinos that don't allow any wagers on sports events, and that is because our business model has always anticipated us buying a sports team in the U.S."
Casino Fortune made it clear that they would retain Jerry Colangelo as team manager.
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