The Celtics have a new owner in William Chisholm, the managing director and co-founder of Symphony Techonlogy Group.
The Boston Celtics have a brand new owner.
Months after the cutting-edge possession organization led through the Grousebeck own circle of relatives introduced their goal to promote 51% of the franchise, Thursday introduced the information from the Boston Globe’s Adam Himmelsbach that the group were bought through William Chisholm, a Massachusetts local who based the California-primarily based totally non-public fairness corporation Symphony Technology Group.
ESPN’s Shams Charania stated rapidly thereafter that Chisholm could be shopping the controlling stake withinside the group for a valuation of $6.1 billion.
Per Himmelsbach, cutting-edge coping with governor Wyc Grousebeck is predicted to stay in his function thru the transition.
Chisholm inherits a totally proficient however highly-priced Celtics group. Boston gained its first identify in sixteen years final June and is poised to pose a sturdy identify protection this playoff season.
But the roster is pretty pricey; the Celtics had been hit with simply north of a $50 million tax invoice this season to be able to skyrocket subsequent season if no modifications are made to the payroll.
Chisholm grew up in Georgetown, Mass. and attended Dartmouth.
