Welcome to the APBWeb.
Results 1 to 2 of 2
  1. #1
    Terminator's Avatar
    Terminator is offline BANNED
    Join Date
    12-03-05
    Location
    None of your business
    Posts
    16,064
    Rep Power
    0

    Montreal Canadians sold

    MONTREAL – George N. Gillett Jr and Geoff Molson announced today that they have reached an agreement in principle for the sale of the Gillett family's interests in the Montreal Canadiens Hockey Club, the Bell Centre and Gillett Entertainment Group. They will hold a news conference as soon as the agreement is finalized.

    Mr. Gillett was very appreciative of the extraordinary interest shown by a number of parties in the Montreal Canadiens, and acknowledged the fine work accomplished by the organization's management over the past eight years.

    Congratulating and thanking Mr. Molson for the winning bid, Mr. Gillett said that he was pleased to return the ownership of the Canadiens to the Molson family, a family that has been associated with the Club for over three generations and committed to the Montreal community for seven generations over a 223 year period.

    "Our family has been very proud to be associated with the Montreal Canadiens over the past eight years and particularly to be a part of their Centennial Season. I am fully confident that the Molson brothers, who have been a great part of the heritage of the Club, will ensure the preservation and development of this great sports institution," said Mr. Gillett.

    Geoff Molson said he was very happy with Mr. Gillett's decision to accept his group's proposal and that he hoped the Board of Governors of the National Hockey League would look favourably on the transaction.

    Mr. Molson said he is conscious that the Montreal Canadiens Hockey Club is a heritage asset for the Montreal community and that with his brothers Andrew and Justin he would endeavour to maintain the tradition of the prestigious club while working with management to build a strong team on the ice and aim to bring back the Stanley Cup to Montreal.

    "This is a very exciting time for our family and we are grateful to the many people and
    organizations who came forward to offer their collaboration in the development of our proposal," said Mr. Molson.

    The price and other modalities of the agreement in principle were not disclosed. The next steps include finalizing the agreement and approval by the Board of Governors of the National Hockey League before the closing of the transaction which is expected in late August.

    "I think to the extent that they've been able to find people who are obviously passionate about the game and structure a transaction that makes sense for everybody, that's a real plus for the franchise and the fans in Montreal," NHL commissioner Gary Bettman said in Las Vegas.

  2. #2
    BigDawg's Avatar
    BigDawg is offline K-9 Officer
    Verified LEO
    Site Moderator
    Join Date
    06-15-06
    Location
    So. Florida
    Posts
    5,312
    Rep Power
    1659728
    Glad to see the team will stay in Canada, and specifically in Montreal.
    "An Unarmed man can only flee from evil, and evil is not overcome by fleeing from it." Jeff Cooper


    Some people are meant to be the police......Some people are meant to call the police!!!

    "Socialism only works in two places: Heaven where they don't need it and hell where they already have it."
    -Ronald Reagan


    " I believe that forgiving them (Terrorist) is God's function. OUR job is to arrange the meeting."
    General Norman Schwartzkopf

    Not all Muslims are Terrorists, but all Terrorists are Muslim.
    (author unknown)


    The statements posted by BigDawg DO NOT reflect the opinions, views, policies, or procedures of the author's employing agency. These statements are the personal opinions of BigDawg only, thereby releasing my agency of any liability, or involvement in anything posted under the user name of BigDawg. The opinions expressed by BigDawg are protected by the 1st Amendment of the U.S. Constitution. BigDawg’s messages are intended to invoke thought and discussion among the "Officer Resources" forum community and may not necessarily reflect the opinion of the author. BigDawg’s posts and any attachments are intended for an adult audience (18+) and may contain strong language, sexual content, nudity, violence, and may be graphic in nature. Some material may be considered offensive; reader discretion is advised. Please note that many of BigDawg’s posts are intended for entertainment value only. BigDawg’s posts are not intended to be used where prohibited by law. Furthermore, BigDawg's posts, and any attachments, may contain information covered by the Electronic Communications Privacy Act, 18 U.S.C. 2510-2521, and is confidential and proprietary in nature. If you are not the intended recipient, please be advised that you are legally prohibited from retaining, using, copying, distributing, or otherwise disclosing this information in any manner.

 

 

LinkBacks (?)

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Tags for this Thread

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •