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Kushners halt baseball team deal over France ambassador nomination

Speculation that Donald Trump will nominate Jeffrey Loria as US ambassador to France has led the family of the president's son-in-law and White House advisor, Jared Kushner, to pull out of a deal to buy Loria's baseball team, the Miami Marlins, reportedly to avoid allegations of conflict of interest.

La rédaction de Mediapart

This article is freely available.

Reports emerged last week that Jeffrey Loria had a “handshake agreement” to sell the Miami Marlins to the family of Jared Kushner, President Trump’s son-in-law and a White House adviser. However, news Wednesday that Loria is being “pushed” by another senior White House official for the position of ambassador to France has the Kushner family backing away from the potential purchase, which could have raised questions about the appearance of a possible quid pro quo involving the administration, reports The Washington Post.

The Miami Herald had reported Wednesday that the Marlins were “focusing all of their potential sale efforts on discussions with New York businessmen Joshua Kushner and Joseph Meyer.” Kushner, 31, is the brother of Jared, who is married to Ivanka Trump. Meyer, 37, married a sister of the Kushner brothers, and he took over as publisher of The New York Observer when Jared stepped down to take a position as a senior adviser to Trump.

In a statement provided to The Post, Meyer said, “Our family has been friends with Jeff Loria for over 30 years, been in business together, and even owned a AAA baseball team together. Although the Kushners have made substantial progress in discussions for us to purchase the Marlins, recent reports suggest that Mr. Loria will soon be nominated by the president to be ambassador to France.

“If that is true, we do not want this unrelated transaction to complicate that process and will not pursue it.  The Kushners remain interested in purchasing a team and would love to buy the Marlins at another time.”

The New York Post reported that Trump’s chief of staff, Reince Priebus, was able to get the president to “sign off” on making Loria his ambassador to France. Priebus is also pushing other “GOP loyalists” for similarly coveted positions, according to the newspaper, which has sparked a “fight between the White House and State Department.”

Loria was reportedly hoping to complete a $1.6 billion sale of his team to a group led by Kushner, who founded a private equity and venture capital firm, and Meyer, but there were questions about whether they could raise the necessary funding. The Herald reported that a source said Kushner was “devising a complicated financial arrangement that would include bringing in partners later.” The newspaper also noted that an unidentified “former owner of another big league team would be interested in buying the Marlins if the Kushner deal falls apart.”

Read more of this report from The Washington Post.