Witness: Sterling needs Clippers sale to pay debts
- Monday, July 21, 2014, 23:27
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LOS ANGELES (AP) — The chief financial officer of Donald Sterling’s properties said Monday that the billionaire may be forced to sell a large portion of his real estate empire to cover $500 million in loans if he persists in refusing to sell the Los Angeles Clippers for $2 billion….
Source: http://hosted.ap.org/dynamic/stories/B/BKN_CLIPPERS_STERLING?SITE=NYBUE&SECTION=HOME&TEMPLATE=DEFAULT