Quote:
Originally Posted by VladtheImpaler
Presumably any sports team purchase is more for "fun" than "profit", but the Coyotes numbers must be so horrific as to scare off anyone and everyone, unless Glendale is prepared to prop it up...
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Yeah, I imagine it's a case of buyers who are okay with a bit of a loss from year to year, maybe even looking for one for tax purposes, but they see the degree of loss and are scared off. It could also be something where they get into the diligence process and see terms in leases and other agreements that would make a turn around of any sort a near impossibility.