Mikhail Prokhorov is looking for a minority investor for the club NBA “the Brooklyn nets”

Михаил Прохоров ищет миноритарного инвестора для клуба НБА "Бруклин Нетс"

The owner of the club NBA “the Brooklyn nets” the Russian businessman Mikhail Prokhorov said that the company hired Allen & Co to find a local minority investor for the team, according to Bloomberg.

The number of shares of “Brooklyn” is going to sell Prokhorov, not reported.

“My goal is to search for local minority partner to strengthen the presence of the team in new York, to expand our business and social relations. I’m committed to the nets and remain the owner of the controlling shares of the team,” said Prokhorov.

Prokhorov became the owner of a controlling stake in Brooklyn in 2009. Last year the Russian businessman has completed the acquisition of all shares of the nets. The team value was estimated at 875 million dollars, the arena club is at 825 million.