Non-Ownership Thread: Who Cares Edition
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02-01-2013, 02:46 PM
Join Date: Mar 2011
Location: Maricopa County
As first reported by XX
Reports surface of new suitor for Coyotes
One man who fits the profile is Portland Winterhawks owner and Calgary oil mogul Bill Gallacher. Two sources told FOX Sports Arizona that he could be part of a group in the running to purchase the team on a fast track.
According to his bio, Gallacher is the president of Avenir Capital Corporation, a private equity firm that invests in new and existing junior companies. An engineer by profession, Gallacher was an entrepreneur in the oil patch and brings experience in the financial markets and corporate structuring. Gallacher sits on the board of directors of Avenir Diversified Income Trust, Athabasca Oil Sands Corp., Black Diamond Income Fund, Maxim Power Corp., Mahalo Energy Ltd. and Great Plains Exploration.
Craig Morgan is becoming a very reliable reporter in this situation. He does state that relocation to Portland might be Gallacher's goal so be warned.
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