Mark Walter's Company Confirms Dodgers Are Not for Sale Amid Investigation
Mark Walter, the controlling owner of the Dodgers, has confirmed that the team is not for sale, following his recent sale of the NBA's Lakers and amid a federal investigation into potential loan fraud.
Walter's holding company, TWG Global, issued a statement asserting that the Dodgers will remain under his ownership. The company also noted that Walter is exploring the sale of his stake in Chelsea F.C. but is not considering selling his interests in the Cadillac Formula 1 team or other motorsports ventures.
TWG Global refuted claims of fraud, stating that there are no victims or claims of harm related to the investigation, and emphasized their cooperation with authorities. The Dodgers, currently the reigning World Series champions, have the highest payroll in Major League Baseball, drawing significant attention to their ownership status.
