ATLANTA - Almost three months after announcing he had reached an agreement to purchase controlling interests of the Atlanta Hawks, Alex Meruelo is attempting to dispel doubts he has the resources to buy and run the team.
In a statement released by his Meruelo Group on Thursday, Meruelo says he has "more than ample resources to purchase and operate the Hawks in a first-class manner."
The California developer and pizza chain owner says he remains committed to the deal, which awaits approval of the league.
The NBA Board of Governors last week approved the sale of the Philadelphia 76ers but has taken no public action on Meruelo's agreement to buy the Hawks from the Atlanta Spirit group.
Meruelo's statement followed reports the NBA could be awaiting confirmation of his financial standing.