Greek-born Toronto-area businessman Andreas Apostolopoulos was the winning bidder in Monday’s final cry auction for the Pontiac Silverdome, according to the Oakland Press.
Apostolopoulos, of Triple Properties Inc., agreed to pay $583,000 for the stadium, built by the city in 1975 for $55.7 million.
He told the newspaper he’d be visiting Pontiac soon to see his new property and introduce himself to residents.
“We want to have sporting events there,” Apostolopoulos said. “But first we’re concerned about finalizing the paperwork.”
Apostolopoulos also said he’d like the Silverdome to host music concerts, as it has in the past.
Pontiac Emergency Financial Manager Fred Leeb said on Monday that Triple Properties Inc. would try to bring a Major League Soccer team to the region, with the Silverdome serving as home field.
A judge yesterday temporarily blocked the sale after Bloomfield Hills attorney H. Wallace Parker filed an injunction claiming he signed a $17 million purchase agreement in August 2008 for the stadium that is still valid.
(source: m live)
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