A Roman Catholic diocese made a $50 million cash offer to buy Southern California's financially struggling Crystal Cathedral, officials said Friday. The Catholic Diocese of Orange has joined the bidding to purchase the bankrupt Crystal Cathedral in Garden Grove, Calif.

The Diocese of Orange said its proposal could pull the megachurch, which was founded more than 50 years ago by pioneering televangelist Rev. Robert H. Schuller, out of bankruptcy by the end of the year.

via USATODAY.com.