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Watching The Market
by Paul on 09/16/08 at 07:53 PM ET
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from the CP via TSN,
Even though the U.S. economy has been hit hardest over the last year with the housing-market collapse, the NHL’s six Canadian franchises are also concerned about the affect the current economic situation could have on them.
‘‘The last couple of weeks - wow - it’s been killer,’’ said Edmonton Oilers president and CEO Patrick LaForge. ‘‘I think we’re all concerned. I can only speak for Edmonton but I can say that these are very interesting times, what the stock market is doing and the impact on our major clients, which are businesses.
‘‘I think we have to all be very mindful that these are tough times. The Canadian teams are not exempt.’‘
Filed in: NHL Talk, NHL Business of Hockey | KK Hockey | Permalink
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