Livedoor Co. President Takafumi Horie said Thursday he may consider creating a new professional baseball club if his company fails to purchase the Kintetsu Buffaloes.

Horie made the remark at a meeting with members of the Osaka prefectural assembly to exchange views on his company's bid to buy the Buffaloes, participants at the meeting said.

"It is very difficult for a newcomer to enter (the baseball business), but I will continue to do whatever I can. I may create a new baseball team," Horie was quoted as saying at the meeting.

Kintetsu Corp., the owner of the Buffaloes, has rejected the idea of selling the club to Livedoor, an Internet service firm which offered to purchase the team for up to 3 billion yen.