Top Menu

Tag Archives | fundamental advisors

Memphis approves purchase of AutoZone Park

The Memphis City Council has approved the purchase of AutoZone Park, home of the Memphis Redbirds (Class AAA; Pacific Coast League), after agreeing to issue $24 million in bonds. The bonds will cover both the purchase of the ballpark and improvements. The purchase of the ballpark from the facility’s bondholder, Fundamental Advisors, also clears the […]

Continue Reading

Status quo reigns in Memphis

Though there’s been chatter about the Memphis Redbirds (Class AAA; Pacific Coast League) being on the market, nothing is on the horizon, says John Pontius. Pontius is treasurer of the Memphis Redbirds Foundation, and he’s been pretty forthcoming about efforts to sell the team and AutoZone Park; a sale to parent St. Louis Cardinals fell through several years ago, […]

Continue Reading