Berea, OH (Sports Network) - A major piece of the Cleveland Browns is
about to change hands.
The Cleveland Plain-Dealer reported on Friday that Randy Lerner, who owns a
majority interest in the franchise, is close to closing on a deal with
minority Steelers owner Jimmy Haslam. A condition of that pact will be that
the Browns will not be moved from Cleveland.
Browns team president Mike Holmgren confirmed the move following Friday's
"In connection with current rumors and press inquiries, I can report that I've
been approached by Mr. Jimmy Haslam, who is interested in making an investment
in the Cleveland Browns," Lerner said in a statement. "We are currently in
negotiations and both sides have agreed to keep that dialogue and its details
"Given that any transaction would require League approval, care has been taken
so that this process will not be disruptive to the organization, in particular
the football team, as it prepares for the upcoming season. We will share
further details or make an announcement if it becomes necessary."
Amongst bitter feelings, the original Browns were relocated by owner Art
Modell to Baltimore following the 1995 campaign. Football returned to
northeastern Ohio in 1999 with the revival of the Browns, carrying the old
club's history and records.
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