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City of Reading Buys AEG's Half of The Royals

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05-24-2011, 01:38 AM
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City of Reading Buys AEG's Half of The Royals

http://readingeagle.com/article.aspx?id=309916

Interesting, so really whats it all mean long term? Does it put more of a pressure to make a profit with this kinda ownership?

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05-24-2011, 11:10 AM
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LadyStanley
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Could mean that NHL LA (owned by AEG) wants more control over their player development. NHL, AHL and ECHL.

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05-24-2011, 11:54 AM
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Originally Posted by LadyStanley View Post
Could mean that NHL LA (owned by AEG) wants more control over their player development. NHL, AHL and ECHL.
I think once the Kings started the Ontario Reign it was only a matter of time until they sold their stake in the Royals.

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05-24-2011, 03:53 PM
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Quote:
Originally Posted by pelts35.com View Post
I think once the Kings started the Ontario Reign it was only a matter of time until they sold their stake in the Royals.
Point of order - the Kings didn't "start the Ontario Reign". The franchise was part-owned by Kemp (the former owner of the IHL/WCHL/ECHL Long Beach Ice Dogs), and moved from Beaumont to Ontario. AEG (the ownership of the LA Kings) didn't purchase the franchise from Kemp until after it the Reign had started.

That said, once they purchased the majority of the Reign, I too was wondering when AEG would dispose of their half-ownership of Reading, especially as they are also in the arena-management business, and it couldn't have been too comfortable being uneasy partners with co-owners SMG, who are their arena-management competitors.

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05-25-2011, 08:02 AM
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Quote:
Originally Posted by HansH View Post
Point of order - the Kings didn't "start the Ontario Reign". The franchise was part-owned by Kemp (the former owner of the IHL/WCHL/ECHL Long Beach Ice Dogs), and moved from Beaumont to Ontario. AEG (the ownership of the LA Kings) didn't purchase the franchise from Kemp until after it the Reign had started.

That said, once they purchased the majority of the Reign, I too was wondering when AEG would dispose of their half-ownership of Reading, especially as they are also in the arena-management business, and it couldn't have been too comfortable being uneasy partners with co-owners SMG, who are their arena-management competitors.
Forgive me. I should have said, once the Kings got involved with the Reign.

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05-25-2011, 02:18 PM
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What does this do to an AHL chance?

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