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Remember the $3 billion bid for the NHL?
Posted: Mon May 23, 2005 5:13 pm
by Captain Haddock
I think the investment group was called Lail or Vail. Anyway, remember when they offered 3 billion for the NHL during the final days of the deadline? Then they offered 4 billion the next day
They're back...and they're now offering $5 billion. That's a lot of real money. The NHL would have to take that into consideration. It appears that these guys aren't going away.
I'll post a link when I see an article about it. I just saw the report on The Score television
Posted: Mon May 23, 2005 5:24 pm
by fix
Link from TSN
Apparently someone sees the fact that there's more money to be made in the NHL, at least enough to invest over $4 billion...
Posted: Mon May 23, 2005 5:34 pm
by Captain Haddock
Thanks for the link, Otis.
Yes, the Bain group. I'm pretty sure the score is going with 5.
The fact is these seem like legitimate bids. For a league on the verge of bottoming out..
Maybe it's an NHL canard.
Posted: Mon May 23, 2005 5:43 pm
by fix
[Conspiracy theory] With news that the talks between the owners and players have been progressing over the past week with a deal starting to look more likely than not...
Didn't this group also come out with their last offer right around the same time that there appeared to be a deal getting done between the NHL and the NHLPA?
Co-incidence? I think not. [/Conspiracy theory]
Posted: Wed Jun 01, 2005 12:05 pm
by tough love
Apparently someone sees the fact that there's more money to be made in the NHL, at least enough to invest over $4 billion...
Go Idiots.
Few NHL's invest their own cash in the NHL because they know that a fool and his money are soon parted.