New Group Identified as a Prospective Ownership Group
gnichols.substack.com
On TSN’s ‘Insider Trading’ segment tonight, Chris Johnston reported a new development on the LeBreton Flats bidding process. “Yes, and that would be LeBreton Flats, the much discussed area where the Ottawa Senators have been trying to build a rink it seems like for years. What Gary Bettman said is still true, Geno. It’s no slam dunk at all that the next owner of the Ottawa Senators will be building an arena down there. But, an interesting detail has emerged from one of the groups bidding for the team. And, that’s that the Algonquins of Ontario are part of the First Nation’s group which has stepped up and is trying to buy the Senators. And, why that’s significant is because the Algonquins actually have a land claim on that piece of property at LeBreton Flats. It’s controlled. It’s a federally run piece of property, but there are clearly some unique opportunities there if they are indeed the winning bid. I can tell you that that group’s representatives from it – which has partnered with Graeme Roustan – were in Ottawa Monday for the Panthers/Senators game and they met with management on Tuesday. They very much remain in the mix trying to buy this team.”
New Group Identified as a Prospective Ownership Group
New Group Identified as a Prospective…
New Group Identified as a Prospective Ownership Group
On TSN’s ‘Insider Trading’ segment tonight, Chris Johnston reported a new development on the LeBreton Flats bidding process. “Yes, and that would be LeBreton Flats, the much discussed area where the Ottawa Senators have been trying to build a rink it seems like for years. What Gary Bettman said is still true, Geno. It’s no slam dunk at all that the next owner of the Ottawa Senators will be building an arena down there. But, an interesting detail has emerged from one of the groups bidding for the team. And, that’s that the Algonquins of Ontario are part of the First Nation’s group which has stepped up and is trying to buy the Senators. And, why that’s significant is because the Algonquins actually have a land claim on that piece of property at LeBreton Flats. It’s controlled. It’s a federally run piece of property, but there are clearly some unique opportunities there if they are indeed the winning bid. I can tell you that that group’s representatives from it – which has partnered with Graeme Roustan – were in Ottawa Monday for the Panthers/Senators game and they met with management on Tuesday. They very much remain in the mix trying to buy this team.”