Media Mention
As the Seidler family explores a sale, the Padres are considered ‘beachfront real estate'
The San Diego Union-Tribune
Private Client Services Partner Marc M. Stern shared his insights with The San Diego Union-Tribune regarding the potential sale of the San Diego Padres by the Seidler family.
Excerpts:
"You evaluate everything," said Marc M. Stern, a Greenberg Glusker partner who was intimately involved in the Donald Sterling trust dispute that led to the sale of the Los Angeles Clippers in 2014. "What things can I make better, where can I make more money and where is the operation already at a maximum?"
It could be as turnkey as it gets, but "you still need to put money in (the club) to perpetuate it,” Stern said.