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Thread: New team investor announcement coming.

      
  1. #1
    beerman's Avatar
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    Default New team investor announcement coming.

    Steelers to announce new investor
    Tuesday, December 22, 2009
    By Gerry Dulac, Pittsburgh Post-Gazette

    The Steelers are expected to announce the name of another new investor today -- Paul J. Evanson, chairman, president and chief executive officer of Greensburg-based Allegheny Energy.

    Previously, Mr. Evanson was president of Florida Power & Light Co., the principal subsidiary of FPL Group, Inc., one of the largest investor-owned electric utilities in the nation.

    It is not known what percentage of investment Mr. Evanson, who lives in Palm Beach, Fla., has made in the Steelers franchise. Nor is it known if he is a single investor or head of an investment group comprised of other minority contributors.

    Dan Rooney and his son, Art II, are the majority owners of the Steelers franchise after a two-year restructuring in which they purchased most of the remaining shares from Dan's brothers -- Tim, Art Jr., John and Pat.

    But they also have 10 other investors who are considered minority owners -- Hollywood producer Thomas Tull, James Haslam III, the Paul family of Pittsburgh, Bruce Rauner, former Steelers receiver John Stallworth, the Varischetti family, hedge-fund billionaire David Tepper, Ben Statler, Mike Wilkins and the Paul Sams family.



    Read more: http://www.post-gazette.com/pg/09356...#ixzz0aSSgsoIx

  2. #2
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    Default Re: New team investor announcement coming.

    Wow, another minority investor. I wonder what percentage of the team is left to invest in? What percentage do the Rooney's own?
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    Les's Avatar
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    Default Re: New team investor announcement coming.

    I met John Rooney a couple months ago.His wife is wacky,but nice.Let me hold a SB ring.That ****ing thing was HUGE!!!

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    Default Re: New team investor announcement coming.

    The investor named David Tepper made 2.5 billion dollars this year hedging on the bank bailout. I hope he doesn't try to buy the whole team.

    Papillon

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    Default Re: New team investor announcement coming.

    Fine with me at this point... Minority investor is fine, nothing more.
    "You only have one life, and you will not get out alive. Make the most of your time and have no regrets." - Me.

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