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Today’s Nashville Business Update
by Paul on 10/03/08 at 06:39 AM ET
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from Sean Gordon and David Shoalts of the Globe and Mail,
The Nashville Predators’ ownership tangle has taken another twist with the startling admission the NHL team has defaulted on a $40-million (all currency U.S.) loan….
Those close to the situation believe the latest legal gambit by the Predators owners suggests they are in deep trouble, and by exposing their financial woes publicly, they’re signalling to sponsors, season-ticket holders and potential investors they aren’t planning to be around in the long term.
Filed in: NHL Teams, Nashville Predators | KK Hockey | Permalink
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