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Clippers to go on sale

Afp
Wednesday, May 14, 2014

LOS ANGELES - The man drafted by the NBA to oversee the Los Angeles Clippers after Donald Sterling's lifetime ban in a racism row says he thinks the team will have new owners.

Richard Parsons, a former chairman of media giant Time Warner and of Citigroup, was named on Friday to guide the club as the NBA pursues efforts to strip the billionaire 80-year-old of the team he bought in 1981.

"My personal belief is that the league will prevail, which means that there will be an ownership change," Parsons said at a press conference to introduce himself as the team's interim chief executive.

NBA Commissioner Adam Silver banned Sterling for life and fined him $US2.5million ($F4.5million) after racially charged remarks the real estate tycoon made in a private conversation that were made public.

But it will take a vote of 75 per cent of the remaining 29 NBA owners to force Sterling to relinquish the club.





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