Joe Tsai already had purchased 49% of the team from Russian billionaire Mikhail
Prokhorov in 2018, with the option to become controlling owner in 2021.
Joe Tsai already had purchased 49 percent of the team from Russian billionaire Mikhail
Prokhorov in 2018, with the option to become controlling owner in 2021.
The league and team announced Friday that Russian billionaire Mikhail
Prokhorov will sell the remaining 51% interest in the team to Tsai, who purchased 49% of the Nets in 2018.
The co-founder of Chinese web giant Alibaba already owns 49 percent of the team but is now preparing to buy the remaining 51 percent from Russian owner Mikhail
Prokhorov, with US$2.35 billion (NT$73.7 billion) as the price tag for the whole package.
The Post reports that Joseph Tsai, who bought 49 percent of the Brooklyn Nets basketball team last year for $1 billion, is poised to purchase the two arenas from Russian billionaire Mikhail
Prokhorov. The deal would pave the way for Tsai to also buy
Prokhorov's majority stake in the Nets.
Alexander
Prokhorov and Elena Prokhorova, Film and Television Genres of the Late Soviet Era.
The most high profile property transaction in the stretch of Riviera around Nice came in 2008, when Russian oligarch Mikhail
Prokhorov offered [pounds sterling]320million to buy Villa Leopolda.
Brooklyn Nets owner Mikhail
Prokhorov has completed the sale of a 49 percent interest in the team to Joe Tsai, who could become the controlling owner in three years.
Johnson met Vadim
Prokhorov, the lawyer of Boris Nemtsov, who died after campaigning for reforms to push Russia towards democracy and free markets.
Its stock has been under pressure since October 11, when its other shareholders - Russian businessmen Mikhail
Prokhorov and Viktor Vekselberg - sold a 3% stake in the company, increasing its free float.