June 22, 2020 | 2: 39pm | Updated June 22, 2020 | 4: 41pm
Nutrition Water co-founder Mike Repole is going to bat for Alex Rodriguez and Jennifer Lopez of their sigh for the Mets, two sources suggested The Post.
He’s one of two customers working with funding bank Galatioto Sports activities Partners who’re pondering investing as a lot as a combined $250 million with A-Rod and J.Lo for their Mets sigh, the sources acknowledged.
A-Rod and J.Lo comprise been working with JPMorgan, and the couple — even after taking on fresh customers — would detached be the motivate watch over owners of the crew, sources acknowledged.
The Post final week broke the news about Galatioto working with two customers who were pondering partnering with A-Rod and J.Lo. The Action Network’s Darren Rovell on Monday was the first to account about Repole partnering with A-Rod.
Repole had been a extremely efficient booster for St. John’s College, earlier than a falling-out final spring with faculty president Conrado Gempesaw.
The wonderful known different bidders for the Mets are Philadelphia 76ers and Unique Jersey Devils owners Josh Harris and David Blitzer.
Repole, whose catch rate is estimated at ethical over $1 billion, has been right here earlier than.
In 2011, Repole expressed ardour in in search of the Mets when the crew was now now not that removed from chapter, sources suggested The Post on the time.
He was staring at for the Mets’ financial woes to changed into public earlier than transferring in with a lowball offer, a source finish to the problem suggested The Post.
Predominant League Baseball and Financial institution of The us in 2011 as a change bailed the Wilpons out with a $40 million emergency mortgage, and then the Mets ended up promoting minority stakes within the crew.
There’s debate referring to the Wilpon family’s fresh financial stammer, however it completely is evident they’ve changed into serious about promoting the crew, sources acknowledged.
The sale, at this level, detached does now now not encompass the successful SNY sports community, sources acknowledged.