Would you like to buy the Mets without enduring a messy transition? That could happen after the recent sales fiasco with the Wilpons.
An industry source told The Post that Allen & Co. plans to bring the team back to the market on Monday after the $ 2.6 billion deal with hedge fund magnate Steve Cohen had imploded last week , The Wilpons are open to the idea of handing control of the club immediately after the sale. Bloomberg reported this development for the first time.
Of course, in the past, the Wilpons had problems reaching the finish line of these seismic agreements. The Mets and Cohen announced their agreement to sell in December on the condition that "Fred Wilpon will remain the controller for five years and the CEO and Jeff Wilpon will remain the chief operating officer for five years."
This wording left room for interpretation; After all, a "role" can refer to a title and a salary without actual power. While reports of why and how this deal fell apart were very different, a significant amount of the controversy clearly covered how much "roles" the Wilpons were entitled to, even as Cohen increased his investment in the club.
Throw in the Mets' flushed agreement with a second hedge fund magnate, David Einhorn, in 2011, and this is the second time the Wilpons have announced their intention to sell to a party just to get away.
Wilpons and Katzes are responsible for finding a buyer who matches Cohen's vast wealth and supply. As Cohen, who is still a minority of the Mets, he said last week: "… as an 8% owner, I look forward to a higher bid for the team."