CenterIce 83 Report post Posted June 21, 2009 http://sports.espn.go.com/nhl/news/story?id=4274642 Share this post Link to post Share on other sites
cusimano_brothers 1,655 Report post Posted June 21, 2009 From Montreal Gazette. Gillett bought the team for $275 million in 2001, but his stake in the team and the Bell Centre is highly leveraged and he needs cash to pay down debt taken on when he and Texas billionaire Tom Hicks bought the Liverpool FC soccer team. Terms were not announced, but it's believed the winning bid could be as high as $550 million. A nice little profit. Share this post Link to post Share on other sites
uk_redwing 495 Report post Posted June 21, 2009 Yeh, now use that profit to build us that god damn new stadium you've been promising us for the last 2 years If you arnt gonna sell LFC at least put some damn investment in it! We dont like Hicks and Gillete. Share this post Link to post Share on other sites
cusimano_brothers 1,655 Report post Posted June 22, 2009 From Toronto Star: Yesterday, the Solidarity Fund of the Quebec Federation of Labour confirmed its financial participation in the Molson family's purchase of the hockey team. Fund president Michel Arsenault said shareholders will benefit from a partnership with such a high-quality franchise. Share this post Link to post Share on other sites
