We said in October that we expected to have a short-term liquidity issue. To address this, we did receive a loan from Major League Baseball in November,” the statement read. “Beyond that, we will not discuss the matter any further.
Major League Baseball gave Mets owners a $25M short-term loan in November as Madoff scandal loomed
A couple of months, yeah, when we find some idiot to give us $250 million, then we can pay back MLB. If I were in the Mets employ, I’d be checking to see if the direct deposit was landing.
Source: New York Daily News