Steve Pagliuca’s statement after Celtics sale is finalized

Following the information that the sale of the Celtics was finalized on Tuesday, permitting Invoice Chisholm to take over management of the franchise, Steve Pagliuca took to social media to launch an announcement congratulating the brand new possession group.

Pagliuca was a part of the funding group that bought the Celtics for $360 million in 2002, and he has served as co-owner. His bid to buy the crew was turned down in March in favor of Chisholm.

“Congratulations to Invoice Chisholm and the numerous new and present traders on the closing of the Celtics transaction at present,” Pagliuca stated within the assertion. “It’s a implausible group of leaders and they are going to be wonderful stewards of the franchise going ahead.

“As a lifelong Celtics fan and a co-owner and managing companion for the previous 23 years, the Celtics’ success has all the time been, and can proceed to be, what’s most necessary to me. My spouse Judy and 4 kids who grew up as Celtics followers have been all in, supporting me, the crew, and our neighborhood via Shamrock Basis. Their assist was extraordinary and made the journey much more particular. I may also be perpetually grateful to all of the followers in New England for his or her ardour for the crew and kindness to me and our household.”

Pagliuca told the Globe in March that he could be looking out for alternatives with different skilled sports activities franchises. Earlier this month he offered to purchase the Connecticut Sun for $325 million and transfer the WNBA franchise to Boston. However after the Globe broke the information of Pagliuca’s bid, the WNBA issued an announcement saying, “Relocation selections are made by the WNBA Board of Governors and never by particular person groups.”

One supply instructed the Globe the league would like to award Boston an enlargement crew, possible in 2033.