Harris and Blitzer continue a trend of rich financiers buying sports teams. Some may want a play thing or bragging | Forum

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Owen Farrell took centre-stage as Saracens claimed a record-equalling 13th straight European Champions Cup win which meant Denny Solomona suffered a losing debut for Sale. Saucony Shadow Original Uomo .Farrell scored a late try and kicked 14 points as the reigning European champions matched Munsters record of successive wins with a hard-fought 26-10 victory.For the second match in succession, Sale had three players sin-binned against Saracens, but this was a vastly improved display from last weeks 50-3 hammering at Allianz Park.Solomona played 80 minutes on the right wing but could not find the whitewash as Saracens produced a typically clinical display to underline their class.Nathan Earle scored a second try late on for Saracens before Sale lock Bryn Evans grabbed a last-gasp consolation for the hosts, who slipped to their sixth straight defeat.Solomona was announced as a Sale player earlier this week before Castleford responded by issuing High Court proceedings for damages against the player.The Super League outfit are also seeking damages against Sale and Solomonas agent Andy Clarke for allegedly inducing a breach of contract.Sale confirmed on Tuesday that prolific try-scorer Solomona had signed a three-year contract with them, despite still having two years left on his Tigers deal.He was facing a Saracens outfit who were crowned European champions last season and who thrashed the Sharks 50-3 last week. Sale were significantly improved during the first half but Saracens established a slender 6-3 lead courtesy of two penalties from Farrell.The hosts created the first opening in the eighth minute when Josh Charnley collected possession inside his own half and showed impressive pace to advance into the right channel.The former Wigan man then found full-back Mike Haley but he could not find Solomona lurking on the right touchline and the ball went into touch.Farrells first penalty then put Saracens ahead after Sale were caught offside, and then midway through the first half Solomona was presented with a golden opportunity.Brad Barritts wayward pass found Solomona on the edge of Sales 22 but the league convert spilled the ball and the opportunity was lost. Saracens began to probe but Sales defence was impressive as they continually kept their visitors at bay.After AJ MacGinty kicked a penalty to draw Sale level in the 28th minute, Saracens went close when Farrell orchestrated a fine counter-attack which saw Barritts kick to the corner sail into touch.Another penalty from Farrell restored the visitors advantage before the break while Sale lost hooker Rob Webber to a yellow card four minutes after the restart.Farrell then uncharacteristically missed two penalties in quick succession but he found his range for another three-pointer after Sale lock Evans was penalised for a deliberate knock-on.After Solomona failed to take MacGintys cross-field kick in his stride in the right corner, Sale then lost number TJ Ioane to a yellow card in the last 10 minutes after Farrell had escaped punishment for catching Haley late.Farrell then went over late on from Will Skeltons pass and Earle touched down a grubber kick before Evans crashed over late on for Sale. Nike Air Max Scontate Online . Already owning gold from competition in Vancouver in 2010, Loch posted a combined four-run time of 3:27.526. That included a track-record third run of 51. Saucony Jazz Original Donna . On Tuesday, Ottawa placed forward Cory Conacher and defenceman Joe Corvo on waivers as trade rumours swirl around the Senators. http:///...tate/air-max-97.html . But the quarterback hopes to stay involved in football after officially calling it quits Tuesday. "Id love to look at those opportunities as they arise," Pierce said in an interview from his Winnipeg eatery.NEWARK, N.J. -- The new owners of the New Jersey Devils are keeping long-time executive Lou Lamoriello in charge of hockey operations, bringing in a new business team and committing to make the three-time Stanley Cup champions an organization looked toward as a model of excellence. Philadelphia 76ers owner Josh Harris and business partner David Blitzer on Thursday bought the Devils and the lease to the Prudential Center from Jeff Vanderbeek for $320 million. The deal was delayed roughly 15 minutes on Thursday morning because lawyers needed more time to sign off on the transfer of the financially strapped NHL team, which the leagues board of governors approved on Wednesday. "What I am interested in is absolute success on and off the ice, and having the highest quality people and bringing the fans a great experience and winning," said Harris, the co-founder of Apollo Global Management. Harris dispelled rumours that he might consider moving the 76ers to Newark. He has a lease at the Wells Fargo Center with Comcast Spectacor, which also owns the NHLs Flyers. "The Sixers are staying in Philly," Harris said. He added that he and Blitzer viewed the purchase of the Devils, who lost roughly $25 million in the past year, and the lease as a chance to turn around a struggling franchise. "Weve had a lot of success at identifying literally the best, highest-quality management teams and then bringing them into situations and letting them do their thing and holding them accountable," Harris said. "Other people may like to meddle in it. What we like to do in essence is agree what the vision is, what the business plan is and then resource it and allow people to do their jobs." Lamoriello has been the architect of the Devils fortunes since 1987 and thats not going to change. "I hope he stays here another 26 years," Blitzer said of the 70-year-old president and general manager. Lamoriello refused to say whether the new owners have given him a blank cheque, but added "they are committed to winning." Harris and Blitzer selected Scott ONeil as the Devils chief executive officer, a job he also has with the 76ers. The former Madison Square Garden Sports chief executive will work with both teams and Hugh Weber, the former New Orleans Hornets president, will be the everyday business leader in Newark. Harris and Blitzer, who is the senior managing director of the Blackstone Group, needed about a weeek to close the deal after talks with Philadelphia lawyer Andrew Barroway fell through. Saucony Donna Saldi. Harris said he had made inquiries about buying the team months ago but they were delayed because Vanderbeek has involved in talks with another suitor. Vanderbeek, who has been the majority owner of the Devils since 2004, will remain with the team as a senior adviser. He had mixed emotions after a 10-year run in which he led the effort to build "The Rock" but couldnt raise enough money to keep the team. "It certainly is bittersweet," said Vanderbeek, who refused to say whether he retained a minority share in the team. "There were other opportunities along the way to perhaps do things differently. But you know what? At some point you have to think about the future, the larger whole, and this was the right thing when it came to that." Harris said getting the lease to the Prudential Center was an essential part of the deal because concerts at what has been an under-used facility this past year will general money. The Devils won the Stanley Cup in 1995, 2000 and 2003, and won additional Eastern Conference championships in 2001 and 2012. They missed the playoffs in the recent lockout-shortened season and were stunned when 30-year-old superstar forward Ilya Kovalchuk decided to play in his native Russia. The Devils moved to New Jersey in 1982, playing at the Meadowlands after relocating from Colorado. "This is positive for this franchise, for this building and Newark," Commissioner Gary Bettman said. "There is terrific ownership with resources and talent with can take the team and the building to the next level." Harris and Blitzer continue a trend of rich financiers buying sports teams. Some may want a play thing or bragging rights. Others see their teams as legitimate investments, a way to diversify away from just stocks and bonds. While possession of a sports team isnt necessarily a great way to bring in consistent cash profits, owners can make money if they turn a team around and sell it at a profit years down the road -- exactly what private equity firms do with struggling companies. Some financiers are hands-on owners, such as Stuart Sternberg of the Tampa Bay Rays or John Henry of the Red Sox. David Tepper owns a stake in the Pittsburgh Steelers, and Mark Attansio is principal owner of the Milwaukee Brewers. Hedge fund operator Steve Cohen owns a piece of the Mets. Cheap NFL Jerseys Cheap NFL Jerseys China Cheap Jerseys From China Cheap NFL Jerseys Authentic Wholesale Jerseys China Cheap NFL Jerseys China NFL Cheap Jerseys ' ' '
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