Selig expected to take over Dodgers’ financial operations

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Commissioner Bud Selig is expected to announce Wednesday that his office will assume control of the Dodgers’ financial operations.

Owner Frank McCourt needed a personal loan from Fox in order to meet the Dodgers’ payroll last week.

[Updated at 2:15 p.m.]: Selig makes it official. Official statement from Selig.

We’ll have more later at latimes.com/sports.

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-- Bill Shaikin