[sureLoss]

http://www.sportsbusinessdaily.com/S...NHL-Shift.aspx

The prospective sale of the New York Islanders to Andrew Barroway is now up to Charles Wang, the team’s current owner.

A source close to Barroway said last night that Barroway recently lined up the necessary partners and financing to complete a deal.

“It was no secret that Andy needed partnership money,” said the source. “Now, he’s put it all together and he’s in position to make the deal Wang wants.”

As reported in Wednesday’s “NHL Wrap-Around” podcast, Wang and Barroway have had an unwritten, non-binding understanding that the sale price of the team would be approximately $400 million. That agreement enabled Barroway to seek out partners, explain how much money was required, and detail why he thought the Islanders (who are moving to Brooklyn’s Barclays Center in 2015) are a good investment.