Gamblers’ Co-Owner Says the Team May Remain in Houston
The deadline for the sale and merger of the Houston Gamblers with the New Jersey Generals has come and gone without the deal being closed, says Gamblers’ co-owner Jay Roulier.
Roulier says the United States Football League team is looking for a new buyer and may end up returning to Houston.
The Gamblers announced last summer an agreement to sell the team to Generals’ owner Donald Trump and New York real estate developer Steven Ross.
The merger called for 11 General players to be kept under contract. The other 24 players on the off-season roster would be Gamblers players, including quarterback Jim Kelly. Gambler Coach Jack Pardee was to be the coach.
Roulier said he set a 6 p.m. Jan. 24 deadline to settle the Gamblers-Generals deal.
However, Jerry Argovitz--another Houston owner--said the merger may be completed today. USFL spokesman Bob Rose said it may be completed this week.
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