Play Fantasy The Most Award Winning Fantasy game with real time scoring, top expert analysis, custom settings, and more. Play Now

NHL statement on Coyotes ownership meeting

By Adam Gretz | Hockey writer

More NHL Playoffs: Scores | TV Schedule | Expert Picks | Odds | Mock Draft | Rumors

The NHL, members of a prospective new ownership group for the Phoenix Coyotes, and members of the Glendale city council met for nearly an hour on Tuesday as the sides continued to work on hammering out a deal that would keep the team in the city.

The last remaining step for the new ownership group, which is led by Canadian businesman George Gosbee and his Renaissance Sports & Entertainment group, is working out a new arena lease with the city.

New developments weren't really expected on Tuesday but the NHL called the talks "constructive."

"We had a number of constructive meetings today with the Mayor, various members of the City Council and the acting City Manager," NHL deputy commissioner Bill Daly said in a statement on Tuesday. "Everyone involved in today's discussions shares the desire and ultimate objective of transitioning the ownership of the Coyotes and safeguarding the franchise's long-term future in Glendale. We expect that representatives from the Renaissance group will begin meeting with the City to see if a mutually agreeable lease arrangement can be forged expeditiously. We will have no further comment pending completion of that process."

The city of Glendale also released a statement on Tuesday's meetings.

“The City Council will not be making a decision regarding the Coyotes until all pertinent information has been collected and reviewed and all the available options have been thoroughly studied. This includes several bids the city is expected to receive this Friday (May 31) from qualified venue managers interested in operating the city owned Jobing.com Arena. Glendale is committed to moving forward on a plan that is in the best interests of our city and our citizens.”

Last week it was reported that the NHL has agreed to sell the team to Gosbee's group pending a new arena deal, which has been one of the biggest hurdles for every potential buyer for the team over the past few years.

The team has been owned by the NHL since 2009.

 
CBSSports Facebook Google Plus
COMMENTS
Conversation powered by Livefyre

Latest

Most Popular

CBSSports.com Shop