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Confirmed with Link: Senators are for sale - and it’s a Gong Show

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h2 said:
- Group is very well financed.
- Did not confirm or deny The Rock's involvement, but did confirm that they are negotiating with several big celebrities to join the group.
- Wants to bring the fan experience to the next level, make it more immersive.
- Wants to bring the community and team together (heal the damage from the Melnyk years).

That's about it.
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The more I hear from this guy the less I understand who he is or what he wants.
 
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UglyPuckling said:
TSN versus Senators (or the NHL I suppose). They're different organizations with different agendas or motivation. Guess it begs the question" "who is they"? Got to figure out how TSN who was the broadcaster benefits. Will TSN gain a benefit if one bidder wins versus the others?
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They are - The Sports Network (TSN) is a Canadian English language discretionary sports specialty channel owned by CTV Specialty Television, owned jointly by Bell Media (70%) and ESPN Inc. (30%).
 
I want a new owner that says my number one goal is to Ice the best team in the NHL and put the hockey ops and top level coaching together to achieve that and sustain contender status for a number of years. I believe in results and accountability. I believe the fan experience will be through the roof with a great product on the ice.
 
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First thing when asked to describe the group is. "We are well backed"
Love to hear it. Get Reynolds on board if u win plz.

he pretty much denied the rocks involvement. then said he wont confirm or deny what celebs he has.
 
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Sens of Anarchy said:
I want a new owner that says my number one goal is to Ice the best team in the NHL and put the hockey ops and top level coaching together to achieve that and sustain contender status for a number of years. I believe in results and accountability. I believe the fan experience will be through the roof with a great product on the ice.
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The winner might say that but it’s unlikely that that will their number 1 priority.
 
Rumour has it that the current owners of the Senators, have about 450 million debt against the franchise…. So roughly half of the rumoured (eventual) sale price will go to pay off the debt owed.

assuming the new owners will borrow most of the money used to purchase the franchise/CTC…. With interest rates on the rise, wonder how soon and how high their debt will be in a few years.
 
Tnuoc Alucard said:
Rumour has it that the current owners of the Senators, have about 450 million debt against the franchise…. So roughly half of the rumoured (eventual) sale price will go to pay off the debt owed.

assuming the new owners will borrow most of the money used to purchase the franchise/CTC…. With interest rates on the rise, wonder how soon and how high their debt will be in a few years.
Click to expand...
Unless the item being sold is the ownership of the shares of the team while the debt would remain in place with the team.
 
Sens of Anarchy said:
I want a new owner that says my number one goal is to Ice the best team in the NHL and put the hockey ops and top level coaching together to achieve that and sustain contender status for a number of years. I believe in results and accountability. I believe the fan experience will be through the roof with a great product on the ice.
Click to expand...
I think it is wishful thinking for a new owner to say he would ice "the best team in the NHL"; however we already had an owner who oversold his intentions saying FYOUS, so it is not outlandish.

I would like the new owner to say the team will spend to the salary cap each year and seek to become a consistent playoff team and SC challenger.
 
Tnuoc Alucard said:
Rumour has it that the current owners of the Senators, have about 450 million debt against the franchise…. So roughly half of the rumoured (eventual) sale price will go to pay off the debt owed.

assuming the new owners will borrow most of the money used to purchase the franchise/CTC…. With interest rates on the rise, wonder how soon and how high their debt will be in a few years.
Click to expand...
Your assumption that the new owners will borrow most of the money is wrong. Part of the vetting process by the NHL involves debt ratio. FSG who bought the Pens were only able to borrow about 20%.
 
Tnuoc Alucard said:
Rumour has it that the current owners of the Senators, have about 450 million debt against the franchise…. So roughly half of the rumoured (eventual) sale price will go to pay off the debt owed.

assuming the new owners will borrow most of the money used to purchase the franchise/CTC…. With interest rates on the rise, wonder how soon and how high their debt will be in a few years.
Click to expand...
That was Marek or Freidman , if you watched HNIC Saturday, but if I recall you don’t watch.
I would have guessed $250-300 million.
 
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Sens of Anarchy said:
I want a new owner that says my number one goal is to Ice the best team in the NHL and put the hockey ops and top level coaching together to achieve that and sustain contender status for a number of years. I believe in results and accountability. I believe the fan experience will be through the roof with a great product on the ice.
Click to expand...

I'd love for the new owners to follow the Boston Bruins model. Strong culture and leadership that transcends the organization. Well respected and you know walking into the organization what it stands for, what style of game they will always play, and what is expected of you as a player. Strong community involvement.
 
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Cosmix said:
Unless the item being sold is the ownership of the shares of the team while the debt would remain in place with the team.
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that is a possibility I suppose, I am no expert on these matters but assume whatever works best financially and tax wise for both parties, buyer and seller, is what will happen.
 
Golden_Jet said:
That was Marek or Freidman , if you watched HNIC Saturday, but if I recall you don’t watch.
I would have guessed $250-300 million.
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just going by what I’ve heard in the local media, and yes I rarely watch intermissions on HNIC, as most of the time they focus on the leafs and have better options to use my time on…. anything of interest discussed involving the Senators is usually brought up on local radio, can be found online the next day, or in the local papers.

Insider reveals how much money the Ottawa Senators are in debt

The Ottawa Senators are expected to sell in the coming weeks and last night it was revealed how much the franchise owes in debt.
www.bladeofsteel.com www.bladeofsteel.com
 
Tnuoc Alucard said:
just going by what I’ve heard in the local media, and yes I rarely watch intermissions on HNIC, as most of the time they focus on the leafs and have better options to use my time on…. anything of interest discussed involving the Senators is usually brought up on local radio, can be found online the next day, or in the local papers.

Insider reveals how much money the Ottawa Senators are in debt

The Ottawa Senators are expected to sell in the coming weeks and last night it was revealed how much the franchise owes in debt.
www.bladeofsteel.com www.bladeofsteel.com
Click to expand...
So the new ownership group assumes all the debt incurred from the Melnyk years? I was assuming the Melnyk daughters would have to pay off the debts with the money brought in from the sale of the team.

Anyone have insight on that?
 
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