MLB franchise closing in on record-breaking $3.9B sale to Chelsea co-owner
The San Diego Padres are reportedly on the brink of a record-breaking sale — with Chelsea's co-owner Jose E. Feliciano and his wife Kwanza Jones leading the charge in what would be the biggest MLB franchise acquisition in history
The San Diego Padres are in line to be sold for a record-breaking $3. 9 billion -Credit:Sean M. Haffey/Getty Images The San Diego Padres are reportedly on the verge of being sold for a record-shattering sum to a prospective owner who co-owns an English Premier League side.
According to reports, the Seidler family is set to offload the Padres to Clearlake co-founder Jose E. Feliciano and his wife, Kwanza Jones, for a staggering $3. 9 billion.
The landmark transaction would represent an MLB record, comfortably surpassing Steve Cohen's $2. 42 billion acquisition of the New York Mets in 2020. Two years following the death of late owner Peter Seidler in November 2023, Padres chairman and control person John Seidler revealed that the club's ownership group would welcome bids and contemplate a potential sale, as per The Mirror US .
Tim Howard brutally rips into MLS team after firing 11th head coach in 13 seasons England World Cup rivals appoint ex-Real Madrid boss as head coach less than two months from kickoff Clearlake Capital co-founder Jose Feliciano and his wife, Kwanza Jones, are set to purchase the Padres -Credit:Michael Nagle/Bloomberg via Getty Images "We will undertake this process with integrity and professionalism in a way that honors Peter's legacy and love for the Padres and lays the foundation for the franchise's long-term success," Seidler said in an official statement last November. "During the process and as we prepare for the 2026 season, the Padres will continue to focus on putting every resource into winning a World Series championship. We remain fully committed to you, this team, and the San Diego community.