Monday 1 April 2019

Alibaba’s Joseph Tsai in talks to buy Barclays Center, Nassau Coliseum: report

Alibaba co-founder Joseph Tsai is in talks to buy Brooklyn’s Barclays Center and Uniondale’s Nassau Coliseum from Russian billionaire Mikhail Prokhorov. The potential deal would help Tsai later become the majority owner of the Brooklyn Nets NBA team, the New York Post reported. Tsai is already a minority owner after buying a 49 percent stake from Prokhorov for $1 billion last year. The real estate deal would give him the rights to buy the rest […]



source https://therealdeal.com/2019/04/01/alibabas-joseph-tsai-in-talks-to-buy-barclays-center-nassau-coliseum-report/

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