Just when you thought the sun was beginning to set on this debacle ... from Michael Sunnucks of the Phoenix Business Journal:
Quote:
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Renaissance Sports and Entertainment — the group of business executives and oilmen from Canada and Texas who aim to buy the Coyotes — has until Monday, Aug. 5, to finalize its purchase of the team from the National Hockey League. The Monday deadline is part of the city of Glendale’s 15-year, $225 million arena deal that enables Renaissance and its Ice Arizona entities to secure financing and keep the team in Arizona. But two sources familiar with the Coyotes deal say some financing for the sale has either not been finalized or has dropped out of the deal. One local business executive said prospective owners are meeting with financiers and the NHL on the matter. It is not clear how serious the financing issues maybe for RSE and its investors."
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"Illusions Michael, tricks are something a wh*re does for money ....... or cocaine"
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