The Steelers being owned by the Rooney family took a large step forward on Thursday, as billionaire suitor Stanley Druckenmiller withdrew his offer to buy a majority stake of the franchise. “Based on recent developments, it has become clear that the Rooneys need substantial additional time to assess their options,” Druckenmiller said in a statement. [...]
Posts Tagged ‘Stanley Druckenmiller’
Looks Like Steelers Reorganization to Take Some Time
From Johns Clayton’s ESPN blog earlier today: It’s going to be extremely hard for the Steelers’ ownership reorganization to be wrapped up in a month even though there is a good chance Pittsburgh billionaire Stanley Druckenmiller will buy into the franchise. Druckenmiller is the lone outside bidder so he holds the cards. Still, the problem [...]


September 18th, 2008
Matt Loede
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