Confirmed with Link: The Ottawa Senators Sale - PART 2

[Golden_Jet]

That was right before their 48 point season, right?

Not sure,

 

[Joeyjoejoe]

That was right before their 48 point season, right?

Yes. His last season was .500. 39-39

 

[Senator Stanley]

 

[StoicSensFan]

Sparks top 3, absolute pandemonium

 

[bert]

Just no to Roy.

Like please no.

Fire Capuano, hire someone who knows actual defence that can work with Payne, and if DJ can’t cut mustard 40 games in - cut bait.

Why?!

 

[Mingus Dew]

Sparks gonna win this thing.

 

[Golden_Jet]

Why?!

Probably because he left his team in a mess, weeks before camp.
Was going behind Sakics back, and wanted more powers.

 

[Gil Gunderson]

The rumour of Chiarelli being attached to the Andlauer bid is making the rounds on twitter.

 

[WORLDSTARHIPHOP]

we're finished

 

[Joeyjoejoe]

At this point give me Steve A over the penny pincher.

 

[Gil Gunderson]

At this point give me Steve A over the penny pincher.

Who’s that?

 

[Emerica]

Who’s that?

Andlauer doesn’t want to bid 1 billion therefore he will run the team on a budget and be Melnyk 2.0. At least that’s what some people made up in their minds

Will be interesting to see whether Kimels pulled out or if they were dropped by GSP.

 

[Gil Gunderson]

Maybe there was some truth to this. Could they have dropped out?

 

[Sun God Nika]

Well I was conflicted between Kimmels and Weeknd vs the Apostolopoulos group.

I am 100% on the Stevo train now. We don't need another cost conscious owner.

Sparks won't win. So the new ownership is Andlauer vs Apostoloplous

 

[Mingus Dew]

NHL probably wants Andlauer (one of us one of us gooble gobble) or else I imagine Steve would have won by now.

 

[Do Make Say Think]

Maybe there was some truth to this. Could they have dropped out?

After spending all that time and money?

Very unlikely.

 

[bert]

Probably because he left his team in a mess, weeks before camp.
Was going behind Sakics back, and wanted more powers.

People learn from their mistakes. That was a while ago, I like his pedigree, his passion and ability to hold his players accountable. He will get results that's what this team needs.

 

[Sun God Nika]

NHL probably wants Andlauer (one of us one of us gooble gobble) or else I imagine Steve would have won by now.

I can't see Andlauer and partners outspending Steve A. It makes no sense for the owners to hurt the valuations of their assets by letting the sens sell for 100-150M under the top bid.

 

[SensHulk]

what a shit show this process has become. NHL, the sens, and GSP are playing a dangerous game. Better hope other suitors don’t drop and you’re left with no bids (that was always a possibility the longer this dragged out)

What’s sad is how exciting this was supposed to be with all the various groups and celebrity power to boost our team and city…just a letdown all around

 

[Mingus Dew]

Maybe there was some truth to this. Could they have dropped out?

Well if some of the reporting is to be believed that would have cost them a $50mm deposit.

Which is insane by the way - to have nonrefundable money up when the seller can continue to play the bids off against each other lol.

 

[Do Make Say Think]

Well if some of the reporting is to be believed that would have cost them a $50mm deposit.

Which is insane by the way - to have nonrefundable money up when the seller can continue to play the bids off against each other lol.

Exactly, the idea that they dropped out is insane.

I understand sunk costs and all that but come on.

 

[bert]

Andlauer doesn’t want to bid 1 billion therefore he will run the team on a budget and be Melnyk 2.0. At least that’s what some people made up in their minds

Will be interesting to see whether Kimels pulled out or if they were dropped by GSP.

Shocker he doesnt want to overpay for the franchise by 80%. He actually wants to pay market value and have some money left over to run the team and build an arena.

Why is it that sens fans want the team to sell for so much? It wont help the on ice product. The team couldnt even operate at a profit at 400 million.

Real estate aspect or not 1 billion makes no sense on any level when you have to build an arena that will cost another 600 million. Pittsburgh just sold with a new arena for 950 million.

 

[Sun God Nika]

Well if some of the reporting is to be believed that would have cost them a $50mm deposit.

Which is insane by the way - to have nonrefundable money up when the seller can continue to play the bids off against each other lol.

They still have a binded bid until this concludes however they wont pursue it anymore meaning their offer wont go any higher which puts them out of the running.

 

[bert]

Well if some of the reporting is to be believed that would have cost them a $50mm deposit.

Which is insane by the way - to have nonrefundable money up when the seller can continue to play the bids off against each other lol.

There is no way its non refundable unless its a firm deal.

 

[Emerica]

Well if some of the reporting is to be believed that would have cost them a $50mm deposit.

Which is insane by the way - to have nonrefundable money up when the seller can continue to play the bids off against each other lol.

From my understanding the 50m deposit was only non-refundable if the group was given preferred bidder status and couldn’t close the deal. Which wouldn’t be the case here