The sale of the Ottawa Senators is getting ready to move to its pivotal next stage.
Once the shortlist has been made, then GSP, the league and the Melnyks’ legal representation can then focus on making sure they find the right fit in the next owner of the Senators. Site visits to the Canadian Tire Centre, LeBreton Flats and a meeting with club executives will also take place.
The expectation is sometime next month the NHL could have an agreement in principle with someone to purchase the franchise and then have the paperwork in place by July 1.The late Eugene Melnyk’s daughters — Anna and Olivia — have let potential buyers know they’d like to keep a legacy portion as part of the new ownership group.
That’s why when Capital Sports Management announced in early November it had hired GSP to begin the sale process for the Senators, the stipulation was made the new owners had to keep the team in Ottawa. Eugene Melnyk purchased the Senators out of bankruptcy in 2003 and his family wants to remain involved in a small way. He was the only one interested at the time who wanted to keep the team in Ottawa and make the franchise work here.The Senators cannot take the Canucks lightly Saturday at Rogers Arena in Vancouver as they begin this set of back-to-back games that will continue Sunday against the Calgary Flames.
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