Ford family won't sell Lions
Mar 10, 2014 at 11:23a ET
The Detroit Lions confirmed Monday what most assumed:
The team won't be sold in the wake of owner William Clay Ford Sr.'s death.
"Pursuant to long-established succession plans, Mr. Ford's controlling interest in the Lions passes to Mrs. Martha Ford (his wife)," the Lions said in a statement. "She and her four children will continue to be involved in the ownership of the franchise, as they have during Mr. Ford's tenure."
Bill Ford, Jr., who had taken on many of his father's ownership duties in recent years, will continue in his role as the Lions' vice chairman.
William Clay Ford Sr., 88, passed away Sunday of pneumonia. He had been the Lions' owner since taking over in 1964.