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McCourt talks to ownership panel

12/22/2003 - Los Angeles Dodgers

NEW YORK -- Frank McCourt spoke with baseball's ownership committee Monday about his pending purchase of the Los Angeles Dodgers.

Some of the committee members attended the meeting in New York, others participated by telephone.

"It was a very productive meeting and call," said Bob DuPuy,
baseball's chief operating officer. "Frank explained his
(financing) philosophy and answered questions."

McCourt announced Oct. 10 that he had agreed in principle to buy
the team from News Corp. for $430 million, and his contract
contains a Dec. 31 deadline for completion of the financial
documents and a Jan. 31 date for closing the deal.

A vote on the sale could take place when baseball owners meet
Jan. 14-15 in Scottsdale, Ariz.