
Lots of interesting quotes coming from the NHL today that may provide some hope to the Phoenix Coyotes’ fans.
NHL deputy commissioner Bill Daily told XM Radio’s Home Ice that there are numerous offers on the table to buy the Coyotes and keep them in Glendale.
“There have been at least three expressions of interest with serious money behind them to operate this team in Glendale. The most recent expression and the one that’s farthest along would have involved all of the creditors being paid all their money back and having stable ownership and a fully funded franchise going forward.”
While talking to the Canadian Press, Daily stated that the process was far enough along that the NHL was about to present an offer to purchase the club and keep it in Glendale to Moyes on Tuesday afternoon.
“There is one that is very far along. In fact it was an expression of interest in the form of a letter of intent that we were prepared to deliver to Jerry Moyes on Tuesday of this week.”
According to Daily that offer was from Chicago Bulls and White Sox owner Jerry Reinsdorf. It is unclear whether or not the offer is still an option.
On XM, Daily not only said there are offers on the table to keep the team in the Valley but stated that the bankruptcy filing, by team owner Jerry Moyes, was done for no good reason.
“There was no need to put the team in bankruptcy. The sole purpose of putting the team in bankruptcy was to try to avoid their lease which isn’t at all certain and an effort to relocate the franchise. So it’s really an abuse of process; a sham bankruptcy in our view.”
“The only person who generates additional cash out of the Balsillie bid for relocation to Hamilton would be Jerry Moyes. None of the creditors would get any additional money from that bid.”
In a conversation with NHL.com Daily talked about what the real issue at this point is.
“The threshold issue is who is in control [of the Coyotes franchise], whether it is Mr. (Jerry) Moyes or the NHL,”
NHL GOES TO COURT OVER COYOTES [NHL.com]
NHL’S DALY TO BALSILLIE: WE DON’T PICK FIGHTS BUT WE END THEM [TSN.ca]
REPORT: MULTIPLE OFFERS TO KEEP COYOTES IN PHOENIX [TSN.ca]












