Bill Chisholm’s bid to purchase Celtics fully funded and new ownership group finalized, shareholder letter says - The Boston Globe

Bill Chisholm’s bid to purchase Celtics fully funded and new ownership group finalized, shareholder letter says - The Boston Globe

The deal will not become official until it is approved by the NBA's Board of Governors, but that is expected to be a formality.

Celtics Sale To Bill Chisholm Reportedly Takes Next Key Step

Bill Chisholm is one step closer to officially becoming the next owner of the Boston Celtics. According to The Boston Globe’s Adam Himmelsbach, who cited a letter sent to existing shareholders, Chisholm has the sufficient funds now to purchase the illustrious franchise after finalizing his ownership group. A Chisholm-led group agreed to purchase the Celtics for $6.1 billion back in March. According to Himmelsbach, Chisholm’s offer “was not fully…

William Chisholm Finalizes New Celtics Ownership Group

Impending Celtics owner William Chisholm has finalized his new ownership group and has obtained the necessary funds to purchase the team, according to a letter sent to existing shareholders that was obtained by Adam Himmselsbach of The Boston Globe. The letter confirms much of what was reported a couple weeks ago by Front Office Sports, including that Chisholm had secured enough capital to complete the sale; the buyers will acquire approximately…

Bill Chisholm Finalizes Ownership Group, Obtains Full Financing To Complete Celtics' Purchase

Bill Chisholm has finalized his ownership group and has obtained full financing to move forward with his purchase of the Boston Celtics at a $6.1 billion valuation. When the deal was announced in March, Chisholm's offer had not yet been fully financed. The sale will not become official until it is approved by the NBA's Board of Governors in either June or July. Chisholm's group will purchase 51 percent of the franchise this summer with the secon…