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12-14-2012, 04:53 PM
  #890
Whileee
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Join Date: May 2010
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Quote:
Originally Posted by aqib View Post
If the lease isn't signed by the time the new council gets sworn in, couldn't they overturn it?
I think they could, but would they? They are in a bind. On the one hand, they don't want to vote the Coyotes out of Glendale, especially if they can blame the previous council for the upcoming onslaught of financial problems and cutbacks. On the other hand, they have indicated that they are against this sort of deal, and if they could follow through to change it, why wouldn't they? It will be based on political calculations. I think that what they should do is call Jamison on the carpet to provide them a briefing on the purchase process, including disclosure of the members of his investment group. If he refuses, then I think it would give them political cover for taking some action. If, however, they get the sense that his ownership bid is floundering, then they can just run out the clock and let him and the NHL bear the responsibility for the deal cratering. Either way, I think that they need to put pressure on him, if only to gauge what is likely to happen.

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