Winnipeg Free Press - PRINT EDITION
Another Canadian joins the hunt for Coyotes
According to a report by the Globe and Mail, Montreal businessman Steve Stotland is spearheading an Arizona group of investors interested in buying the team from the National Hockey League, with the intentions of keeping the franchise in Glendale, Ariz.
Stotland told the newspaper that the team "has been with an ownership group that is telling people that hockey doesn't work in the desert. Now that the bankruptcy is done and the NHL owns the team, we're going to move forward."
The story goes on to say that Stotland was involved in a group of investors interesting in purchasing the Montreal Canadiens in 2000 as well as earlier this year.
NHL deputy commissioner Bill Daly confirmed that they have been in contact with Stotland.
"We're not in there for one year. We're committed," Stotland told the Globe. "But the financial agreements have to be reasonable because the NHL doesn't want a local group to go through the same thing the last owner did. I want to show the NHL is viable in Glendale."
-- Canwest News Service
Republished from the Winnipeg Free Press print edition November 26, 2009 C2
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