MLB approves groups for Mets bidding Updated Mar 18, 2011 12:42 PM ET Opening day for the sale of a stake in the cash-strapped New York Mets arrived, with Major League Baseball (MLB) approving at least two potential bidding groups, the New York Post reported Friday, citing sources. One group cleared to bid for the Mets was Goldman Sachs' David Heller and Apollo's Marc Spilker, while the other group includes Steve Starker, co-founder of the global trading firm BTIG, and Ken Dichter, co-founder of Marquis Jet, sources said. At least one or two additional bidders were also passed along to the MLB commissioner and could be cleared to bid for the team, sources said. Each of the groups was first vetted by the Mets' investment bank, Allen & Co. The approved suitors were expected to meet next week with Allen & Co., when they would get to see confidential financials of the team and begin the process of deciding whether to actually make an offer. The sale process was expected to be all but complete by June 30. The Mets were seeking a buyer for a minority interest -- at least 25 percent and possibly up to 49 percent -- in the team to raise much-needed cash to pay down debt. Team owners, including majority owner Fred Wilpon and his brother-in-law Saul Katz, lost hundreds of millions in Bernard Madoff's Ponzi scheme and took out loans from banks and the MLB to fund day-to-day activities. The team, which is losing roughly $50 million a year, needs to pay down that debt.