Five potential buyers bid on Padres as club’s sale reaches next stage

Warriors owner among five potential buyers bid on Padres as club’s sale reaches next stage

Sale could be completed around start of season.

Five potential buyers bid on Padres as club’s sale reaches next stage

PEORIA, Ariz. — The Seidler family’s exploration of a sale is moving full steam ahead toward an actual sale of the Padres. Five “very strong” bids have been submitted by prospective buyers, according to a source who spoke on the condition of anonymity because they were not authorized to discuss the matter publicly. That source and one other person familiar with the process said multiple bidders will move on to the next round of vetting in the sa…

Five bidders emerge as first offers submitted to purchase Padres

Five bidders are emerging as possible buyers of the San Diego Padres. The team will be sold and the Padres hope the new ownership group

Seidler Family Weighing Five Offers For Padres

The Seidler family’s efforts to sell the Padres appear to have accelerated in recent weeks. Sheel Seidler, widow of former Padres owner Peter Seidler, dropped or settled most of her litigation against Peter Seidler’s brothers earlier this month. That cleared the way for the family to ramp up a sales process that began in November. Kevin Acee of The San Diego Union-Tribune reports that five prospective buyers have submitted bids. Previous reporti…