Jennifer Lopez, Alex Rodriguez “disappointed” after the withdrawal from the purchase of the Mets

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Jennifer Lopez and Alex Rodriguez have pulled out of the New York Mets baseball team purchase process.

It was previously announced that the pair were working with other investors to buy the baseball team, a move that would make Jennifer the first owner of a baseball team.

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However, taking to Instagram on Saturday, the Dance Again star confirmed that the deal had failed, writing: “Alex and I are so disappointed !! We have worked so hard for the past 6 months with the dream of becoming the first minority couple and the first female owner to buy her dad’s favorite Major League baseball team with her hard-earned cash. We haven’t given up yet !! # NY4ever. “

According to the New York Post, the singer and former baseball player should have invested $ 300 million of his own money in the team.

The official statement said: “The consortium led by Alex Rodriguez and Jennifer Lopez has informed the Mets that they are no longer pursuing the acquisition of the team.

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The consortium, which included Vincent Viola, Mike Repole and Marc Lore, had submitted a fully funded offer at a record price for the team, supported by binding debt commitments from JP Morgan and letters of equity pledge from deserving partners. credit, “explained the statement.

“The consortium said they were disappointed not to be part of the revitalization of New York City and to provide an exhilarating experience for fans and wish the Wilpon family and the entire Mets organization well.”

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