Thursday, 1 May 2014

Oprah Winfrey, Larry Ellison and David Geffen Want to Buy LA Clippers

Billionaires Oprah Winfrey, David Geffen and Larry Ellison want to buy the embattled LA Clippers from disgraced owner Donald Sterling. The three billionaires with a combined wealth of $60 billion revealed on Wednesday that they have formed a consortium to take over the NBA team in the wake of 80-year-old Sterling's lifetime ban from the league.

Television entrepreneur Winfrey, is joining forces with the world's fifth richest man, Ellison and entertainment mogul Geffen to pry the franchise from Sterling's grip - after he revealed he would not sell the team he bought for $12 million in 1982.

Confirming the move with ESPN's Jeremy Schaap, Winfrey's representative said that she is 'in discussions with D. Geffen and L. Ellison to make a bid for the LA Clippers should the team become available.' Geffen said he and Ellison would run the team, while Winfrey would be an investor.Continue..
Winfrey with Geffen

Larry Ellison

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