The Royals have mooney owned by businessman David Glass — who made his fortune as an executive with Wal-Mart — since He is ready to cash in. The Royals announced the sale agreement Friday. In John Sherman we have found everything we were looking for in taking ownership of this franchise. Sherman added: «I am enormously grateful to David and xale Glass Family for this extraordinary opportunity, and am humbled by the chance to team up with a distinguished group of local investors to carry forward and build on this rich Kansas City Royals legacy. Our goal will be threefold: to compete for a championship on behalf of our fans; to honor their passion, their experience and their unwavering commitment; and to carry their hopes and dreams forward in this glaas Kansas City region we all love — for decades to come. Sherman is currently a minority owner of the Cleveland Indians and would divest himself if Royals deal is finalized as expected. It should be noted the sale is n...