Silverbacks’ sale takes another step

Parties who have expressed an interest in purchasing the Atlanta Silverbacks will meet with officials of the North American Soccer League on Tuesday in Atlanta.

Traffic Sports USA put up for sale its 65 percent stake in the team late last year. Boris Jerkunica, an Atlanta businessman and the team’s chairman, owns 28 percent, as well as the Silverbacks Stadium and surrounding complex, which is located next to Spaghetti Junction where I-285 and I-85 cross on the north side of the city. John Latham owns the remaining seven percent.

Six parties expressed an interest in buying the team.

None of the parties involved in the sale will disclose the price, but did say it would equivalent to a minor-league baseball team. The team was placed for sale because the U.S. Soccer Federation would like Traffic Sports USA to divest itself of teams to maintain competitive balance in the NASL.

8 comments Add your comment

Dawginlex

January 11th, 2013
1:50 pm

Atlanta Resurgens FC

January 11th, 2013
2:41 pm

Arthur Blank is buying the farm team for his upcoming MLS team. Smart move, Artie!

Snags

January 11th, 2013
6:45 pm

I hope the Silverbacks stick around in NASL and Blank brings the Chiefs (with a new logo focusing on non-Native American meanings of the word) back to MLS. A Chiefs – Silverbacks pre-season friendly and Open Cup rivalry would kick butt.

Silverbacks to Be Sold?

January 12th, 2013
4:53 am

[...] The North American Soccer League plans to meet with potential buyers in Atlanta on Tuesday, according to the Atlanta Journal-Constitution’s Sports News Now blog. [...]

Dwight Schrutt

January 14th, 2013
12:38 pm

Interesting. I wonder who the partise are. I’d love for Blank to be one of them.

It is an interesting dynamic in that the buyer would own the majority of the team, but not the park. My guess is that they stay in Atlanta, but who knows.

Lewis Martin

January 15th, 2013
12:08 pm

I wonder what level of a minor league baseball team price wise they are talking about—–$5 million? More?

Lucas Persell

January 15th, 2013
2:39 pm

The Silverbacks are worth roughly $1.1m

Dwight Schrutt

January 17th, 2013
12:53 pm

Lucas, where did you get that number? Just curious. 65% of $1.1MM isn’t that much.