Saul Katz has expressed interest in selling his share of the New York Mets because of the repeated need to infuse the team with cash, according to a New York Times report.

The Wilpon-Katz family currently controls a majority share of the club. Katz is believed to be leery of parting with his share which would allow other investors to gain a majority.

Katz strongly denied the report in a statement.

"I have no intention of selling my share of the Mets nor have I ever had any intention of selling my share," the statement read.