Quote:
Originally Posted by Vulcan
Maybe the team is going to be sold? The owner has moved to London and maybe will have different interests.
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From what was rumoured around, Flames were in financial trouble in the late 90's-early 2000's. Right about that time, on Harley Hotchkiss' pitch, Ken King was hired away from Walton. King's main task was to "recruit" new shareholders from the Calgary business elite that would be committed to keep the team in Calgary. Hotchkiss was a big believer in an NHL team being a community asset and he made this commitment a condition of accepting new shareholders into the group.