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12-07-2011, 12:30 PM
Nordskull's Avatar
Join Date: Sep 2011
Location: Saguenay, Qc
Country: Canada
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Originally Posted by Fugu View Post
I'm still hanging on to the idea that there is nowhere for them to go right now.

Beasley is retiring, and Scuggs may not run for re-election. Westgate has been foreclosed upon with no takers at a public auction at bargain basement prices.

In other words, the use of a bond is DOA, so where else is COG going to get the kind of money a new owner would want in concessions? The NHL really has to decide if they're willing to fund this thing next year without COG, or lower a price so some owner can actually find enough investors to buy the team. Probably at half the NHL's asking price.
to the expense of the 29 other teams.

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