KLADNO, Czechia -- Ice hockey great Jaromir Jagr is selling a majority stake in his hometown team the Kladno Knights in the Czech league.
Jagr said on Thursday he's selling an 80% stake to businessman Tomas Drastil while holding on to the remaining minority stake. Financial details were not given.
"Something is coming to an end," Jagr said. "But a new era, and I hope a more successful one, is about to start."
Jagr and Drastil said a key reason for the move was to boost the club financially.
Jagr acquired full ownership in 2017 when he got 30% from the town.