Russian Mafia Could Help Nets

[Pugz]

Mikhail Prokhorov may help fund the construction of an arena for the New Jersey Nets, a spokesman for the billionaire’s holding company said Thursday.

Prokhorov, Russia’s wealthiest man and an avid basketball fan, is considering funding the stadium after being approached by someone involved in building Barclays Center, which is planned to go up in Brooklyn, Onexim spokesman Igor Petrov told The Moscow Times.

“The possibility exists” that Prokhorov will participate in the project, Petrov said, declining to say how much he would contribute.

Though Barclays has never disclosed the cost of the project, reports have said the stadium’s construction will cost around $800 million.

Prokhorov was rumored to have been in talks with Nets management in July to acquire a piece of the franchise.

Via The Moscow Times

 

[Dwho12]

Well thats one way to go.

 

[Pugz]

The Russian billionaire who is believed to be close to funding the Nets' move to Brooklyn has a checked past.

Mikhail Prokhorov, who was recently named the 40th wealthiest man in the world by Forbes, was arrested in 2007 on suspicion he was involved in an upscale prostitution ring.

Prokhorov is reportedly close to issuing a $700 million bond through his investment firm, Onexim, that would help owner Bruce Ratner build the long-awaited Barclays Center in downtown Brooklyn.

The Russian helped finance CSKA Moscow at one point.

Via New York Daily News

I was right, lol!

 

[cruzg24]

Yea, the Nets move more and more to moving to Brooklyn. That would be really cool.

 

[yezzir]

Lol nice. The Brooklyn Nets... deff has a ring to it.