The sale of the Ottawa Senators has cleared another potential hurdle and is on the road to being completed.
All four potential buyers of the sought-after Senators have met with the daughters of late owner Eugene Melnyk, Postmedia has learned.
Melnyk bequeathed the National Hockey League franchise to his only children, Anna and Olivia, when he passed away in March 2022. The Melnyk family must sign off any sale of the Senators, as do the Melnyk estate, New York-based banker Galatioto Sports Partners and the NHL.
The meetings, in separate video calls, took place sometime last week.
Sources said this was a signal that GSP had moved the sale process to the final stages, and it’s expected there will be a preferred bidder selected before the end of this coming week.
The sources added that Anna, who makes her home in California, and Olivia, who is spending a school term in Australia, expressed their desire to keep as much as a 10-per-cent stake in the franchise.