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News / Sports / National Sports

Ryan ‘confident’ his group will be Rangers owners

The Columbian
Published: June 23, 2010, 12:00am

ARLINGTON, Texas (AP) — Texas Rangers president and Hall of Fame pitcher Nolan Ryan remains confident that he will be adding the title of team co-owner to his resume.

While a federal bankruptcy judge is still sorting out the club-initiated bankruptcy designed to spur the sale of the team, Ryan said Wednesday that he is “still confident” that his group with Pittsburgh attorney Chuck Greenberg will get the deal done.

The judge said Tuesday that the team will have to change its bankruptcy plan, though not the $75 million the team owes through financially troubled Hicks Sports Group, to avoid having it killed by upset creditors.

A final decision on the plan could come at a July 9 hearing.

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