Quote:
Originally Posted by valo403
I really don't understand the concept that Goldwater somehow has the ability to completely scuttle this deal, who is giving these media members this idea? It seems like they are unable to process that this is a completely different arrangement than the Hulsizer deal, GWI speaking up isn't going to impact the financing as it did with that deal. The only way GWI can block this deal is by either swaying a vote on the Glendale council or through litigation, and the latter tactic wouldn't likely prevent anything in the short term.
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Assuming they could show they had a good case I could see it affecting the 'owners' ability to borrow money, which will be hard enough after todays turmoil on the markets.
Like so many NHL 'owners' it comes down to a guy without the money to pay for the team having to go to the market to make it happen.