Thursday, December 10, 2009

Ice Edge to Sign Letter of Intent to Purchase the Coyotes

From Darren Dredger of TSN.com



Sources say Ice Edge, the group negotiating to buy the Phoenix Coyotes, is expected to sign a letter of intent to purchase the team from the league within days. Likely, prior to the start of next week's board of governors meeting in California.
An update on that process is one of the headline agenda items for the board, which is also expected to consider contingency cities for relocation in the event the NHL can't find a suitable buyer for the Coyotes.
Quebec City, Winnipeg and Southern Ontario will be identified as Canadian targets, if the subject of "where" is addressed during the meetings next Tuesday and Wednesday.


Stay tuned, hopefully I'll know more soon...


-Heather

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