Part IX: Phoenix Coyotes Post-bankruptcy UPD: Pres Moss fired 6/30 with IEH input
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06-22-2010, 06:11 PM
Join Date: Feb 2010
Originally Posted by
Note that the June 8th statement from Glendale still refers to "the deadline of June 30", which seems curious given the status of negotiations, don't you think?
Yes, it is odd. An MOU & a Term Sheet are both pretty preliminary. Perhaps' they want the league's opinion on both before proceeding, though you'd have to figure the NHL is in possession of these documents by now no?. Unless the TS is under a non-disclosure. Secondly, the CFD has to be created & the new AMULA negotiated which will absolutely take us past June 30. Isnt ' their something in the agreement between the NHL/COG pursuant to the $25M that hinges on that date of June 30?. Cant re-call exactly. Otherwise, wouldnt you want to present the NHL with a completed due-dilly on the TS, CFD & AMULA?. Sort of puts the cart before the horse no?.
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