Quote:
Originally Posted by RM14
I think this situation is completely different and a bit of a mess. There are two groups:
DCDLS - Backed by two Quebec billionaires who are also trying to acquire the Sens from Eugene Melnyk. Melnyk has stated publicly he will not sell the team or play in the arena built in this proposal.
RLG - Supported by Melnyk. Estimated at a $3.5B three decade development.
And there is zero information of how these proposals are to be funded. Or is it implied 100% private?
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Yeah, the more I read it, the more this situation screams mess. Both sides want to put their best foot forward and present the winning bid. Winning bid will have leverage with the sale.