Mets COO Jeff Wilpon gave an update Thursday night regarding the potential sale of the team.

"The team will have some kind of transaction," Wilpon said during a panel for the UJA-Federation of New York, according to Yaron Weitzman of Bleacher Report. "I can't tell you exactly what it's going to be and how it's going to look, but we're working towards a transaction and there's four or five suitors that are out there to do something with and a bunch of philanthropic planning and family planning that my dad an my uncle want to do. And it's totally fine. And when we have something to truly announce and tell you about, we'll do that. Not going to play the speculation game or get in any kind of competition with Page Six or Variety Magazine."

It was reported on June 8 that Josh Harris, a billionaire who is the principal owner of the New Jersey Devils and Philadelphia 76ers, and David Blitzer, a minority owner of the Devils and 76ers, "are among the suitors" interested in buying the Mets, reports Scott Soshnick of Variety.

According to the report, talks are in the early stages.

The most recent suitors connected to the Mets before Harris and Blitzer were Alex Rodriguez and Jennifer Lopez, whose exploration ended after negotiations with potential investment partners "failed to materialize," according to Thornton McEnery of the New York Post.

Wilpon released a statement on Feb. 10 regarding the ending of negotiations with billionaire hedge fund manager Steve Cohen, whom the team had been deep in talks with, and the process of the sale of the team going forward.

In the statement, Wilpon said the team would be "moving forward to find a new transaction."

On Feb. 6, after Cohen announced that his deal to become majority owner had fallen through, Sterling Partners released a statement citing the "highly complicated" transaction they had been attempting with Cohen and adding that Sterling intended to "pursue a new transaction and has engaged Allen & Company to manage that process."

A report in the New York Times shed light on the snag the potential deal hit after it had been reported that Cohen was close to walking away from the table.

MLB -- non-Mets -- sources with knowledge of the Cohen negotiation said it wasn't the five-year transition of power that was at issue, SNY's Andy Martino reported, saying that part of the transaction was a done deal in writing months before talks broke down.

Bloomberg reported that in the wake of the failed negotiations with Cohen, there would be "no preconditions regarding control of the team" as part of the next attempted sale, meaning the next majority owner would likely have full control once the sale is complete.

Fred Wilpon has been the majority owner of the Mets since 2002, when he bought out Nelson Doubleday.

Doubleday and Company and Wilpon purchased the Mets from the Payson family in January of 1980.

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