[troutman]

Revised deal for Coyotes could be on table
http://www.theglobeandmail.com/sport...rticle2011815/

There may or may not be a revised deal to sell the Phoenix Coyotes for councillors from the suburban city of Glendale to approve next Tuesday – one councillor says he expects one, while those close to prospective buyer Matthew Hulsizer say they are not aware of anything.

One thing for sure is that if, as sources indicated last week, a smaller municipal bond sale is still part of the new bid, then Glendale and the NHL will face another delay. Moody’s Investors Services withdrew its rating on the original bond offering of $116-million (all currency U.S.) when the sale stalled because the Goldwater Institute, a public watchdog group, vowed to go to court to block it. A new rating for the bonds must be issued before buyers will look at them. A Moody’s spokesman declined to say how long that would take.