Quote:
Originally Posted by trumpethead
I still dont understand why the NHL would give Jamison or any other perspective buyer 6 months "to raise the required capital". A buyer should only be considered if they have cash in hand. If nobody wants to or is able to meet this criteria in the local market, then move the team to a market where someone is prepared to come to the table with real money (a la the Winnipeg Jets)
http://espn.go.com/nhl/story/_/id/88...ording-sources |
Not only that but if he is having this much difficulty raising the dough to buy the team, where in the hell is going to get the cash to keep it afloat once he buys it?