On the Forecheck
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Calgary investor Brett Wilson to buy stake in the Nashville Predators
by Forechecker on 02/24/09 at 10:22 AM ET
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As was anticipated a few months ago, Canadian investor Brett Wilson appears to be close to finalizing the purchase of a “nominal” share in the Nashville Predators. This morning’s report in the Edmonton Sun (hat tip to the Nashville Post) indicates that a handshake agreement is in place, so final details still need to be sorted out.
It should be noted that this transaction is unrelated to the minority position formerly owned by Boots Del Biaggio, which is still tied up in bankruptcy proceedings. Wilson already has sports business ties with Preds chairman David Freeman, including the ownership of a soccer team in Britain, and the West Tenn Diamond Jaxx in minor-league baseball.
There’s no word yet as to whether this purchase involves buying out any of the current minority owners, or whether it’s simply an injection of capital to relieve some of the team’s debt load. Of course, if he wanted to write a quick check so David Poile could go trade for Alex Kovalev and Martin St. Louis, I’m sure Nashville fans would welcome him with open arms!
UPDATE: Per John Glennon at the Tennessean, the stake involved here “would likely be less than 5 percent of the team”.
Filed in: Nashville Predators | On the Forecheck | Permalink
Tags: brett+wilson,
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About On the Forecheck
Dirk Hoag is the Forechecker, churner of NHL stats and analysis. Having started over 10 years ago writing for websites like In the Crease and e-Sports, Dirk launched On The Forecheck in 2005 to cover the Nashville Predators as well as apply statistical analysis to NHL hockey.
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Furious February
The Preds host 10 home games during the month of February, including two games each against the Phoenix Coyotes, St. Louis Blues and, yes, the Detroit Red Wings. For discounted Nashville Predators tickets, including steeply discounted Ticketmaster fees, to these or any other upcoming home games, take advantage of this special offer, and use the special offer code "predators".
Pretty bad when the Predators are beings sold on an episode of The Dragon’s Den!!!
Posted by Furly from Calgary on 02/24/09 at 01:40 PM ET