Two Groups Of Investors Reportedly Interested In Buying Oakland A’s

The current ownership group of the Oakland A’s would prefer to move the team to San Jose, where they could cash in on all of the Pets.com money that’s still floating around down there. But not every A’s fan is excited about that, especially the ones who are close to the current location, as well as fans from all points north.

If there were a way to build a nice waterfront park out by Jack London Square, say, the Giants would shut up about territorial rights and the A’s would have a nice new revenue stream. According to noted Bay Area rascals Matier & Ross, there are two investment groups looking into this possibility:

Two investment groups - including one that recently dropped out of the high-priced bidding for the Los Angeles Dodgers - have expressed serious interest in buying the Oakland A’s and keeping the team in its current home.Managing partner Lew Wolff denies that the A’s are for sale, but if Bud Selig and Major League Baseball uphold the Giants’ claim to the San Jose area, Wolff could still cash out for a large gain on the $172 million the ownership group paid for the A’s in 2005.