The author of a new Bernie Madoff book believes so.
Erin Arvelund, author of “Too Good To Be True,” a book about Madoff’s Ponzi scheme, believes the Wilpons lost somewhere around $700 million and will be forced to sell the Mets very soon.
“You can quote me,” Arvedlund told FOX Business. “It's a matter of when. It could be as soon as next year.”
The Mets, obviously, refute the rumor.
A Mets spokeswoman told FOX Business on Thursday by e-mail:
“The numbers speculated continue to be inaccurate. We refute what has been reported. As we have said on numerous occasions, losses incurred by the Sterling Partners do not and will not affect the day-to-day operations and long-term plans of the Mets organization. The team is not for sale in any respect.” Wilpon's Sterling company controls the Mets franchise.
Well here’s another storyline to watch for in the coming months or years. This team is never boring, that’s for sure.
h/t to The Mets Police