When I read the statement that the each group has "indicated an interest in operating the franchise in Phoenix" I would be concerned especially if I were a Coyotes fan. Sure they may say that
now but what stops them from saying two years from now "we have made a go of this, the team has lost way too much money and the NHL won't work in the Phoenix area. Strike up the we are moving the team to _______." The Argo's owners are from Southern Ontario area and what is to stop them from pulling up the stakes and still moving the team to Hamilton?
Paul Waldie -------- Globe and Mail Update, Sunday, Jun. 07, 2009.
The co-owners of the CFL's Toronto Argonauts are declining to comment on their interest in buying the Phoenix Coyotes and keeping the club in Phoenix.
NHL Commission Gary Bettman revealed in a court filing Friday night that the league has received a “preliminary background application” from four potential buyers for the Coyotes including Howard Sokolowski and David Cynamon, co-owners of the Argonauts. The other applications have come from Jerry Reinsdorf, owner of the Chicago White Sox and Chicago Bulls, as well as current Coyotes co-owner John Breslow and another unidentified Phoenix businessman.
Bettman said each group has “indicated an interest in operating the franchise in Phoenix.”
Bettman did not provide details of the proposals, citing confidentiality issues, and said the league is reviewing each application.
nhl won't work in phoenix? maybe, but who decided to move the team from downtown phoenix (central) to glendale, in the far northwest. it takes easily an hour to get across phoenix from southeast to northwest, and that's without traffic. i would assert that moving away from the fanbase might be contributing to the teams financial woes.
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