"Jeff Moorad's gradual acquisition of the Padres is expected to be completed Thursday.

Nearly three years after negotiating an installment purchase of the franchise from John Moores, Moorad's limited partnership is poised to make the final payment subject to the approval of three-quarters of Major League Baseball ownership at a meeting in Paradise Valley, Ariz.

"It's 100 percent done," Moores told MLB.com. "I couldn't be more pleased. Jeff's remaining payment of all cash went into escrow in mid-December. I remain impressed that Jeff has done everything he said he would do.""