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It’s Not All Doom And Gloom For Ice Edge Holdings
by Paul on 03/13/10 at 09:18 PM ET
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from Jim Gintonio of the Arizona Republic,
The CEO of Ice Edge Holdings, emphasizing that financing is not a problem, is optimistic that the purchase of the Coyotes can be finalized by the close of the NHL season.
Anthony LeBlanc said the “whole deal” is contingent on renegotiating a new lease with the city of Glendale.
“We indicated it was going to take us three to six months, and best case, we have this closed before the playoffs start,” he said. “We certainly expect that this will be closed by the time that the Stanley Cup is awarded this year. That’s our plan, but it will require the city and us working together to get the lease ratified.”
The process took on a new urgency for Coyotes fans in the past few days when gloom-and-doom reports surfaced in the Canadian media. An article in the Toronto Globe & Mail riled fans and prompted LeBlanc to post a letter of reassurance on a Web site.
LeBlanc said most of the time he and his colleagues just laugh off stories such as those - “Here we go again,” he said.
Filed in: NHL Teams, Phoenix Coyotes, NHL Talk, NHL Business of Hockey | KK Hockey | Permalink
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