Thread: News Article: New info on the Balsillie takeover
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10-06-2008, 01:07 PM
  #11
Soundgarden
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Quote:
Originally Posted by worstfaceoffmanever View Post
Basically, Sillyballs wants to go through the bankruptcy court to buy Boots' share of the team (which is closer to 20% than 25%).

HSW suggests that Sillyballs wants to buy out the other ~80% of the team from the local ownership group, which I guess means he thinks the local ownership is stupid or Sillyballs is going to pretty much unload his bank account to make a convincing enough pitch to sell the team...

I don't know why Jimbo is so hellbent on getting the Predators, when he could just go after the Thrashers, who reportedly have a season ticket renewal rate of about 40% and whose ownership is in complete disarray.
I see, so what are the chances of us moving.

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