GARRIOCH: Looks like final bids for the Senators could be due in mid-May

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GARRIOCH: Looks like final bids for the Senators could be due in mid-May
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Patience will be a virtue if you’re waiting for the sale of the Ottawa Senators to be completed.

This could be the moment of truth for some of the seven groups that toured the Canadian Tire Centre and met with senior management because this is the point where push comes to shove.

The Senators wrapped up the season April 13 against the Buffalo Sabres and there’s a lot of work to be done to prepare for next year. Jeffrey and Michael Kimel, who own the Harlo Capital Group and recently sold their share in the Pittsburgh Penguins. Once the NHL has chosen its preferred bidder, the negotiations will intensify to get a deal in place and the belief is another group will be kept in the mix in case the first one falls through.“Remember, after we get done, and we get to the anointed party, then you’ve got to go through the lawyers doing contracts and we have a league approval process to get through,” Bettman said. “A new owner has to be approved by three-quarters of the ownership of the league.

If Bettman wanted any further evidence the 46-year-old Reynolds should be part of the club’s ownership group, all he had to do was keep an eye on Wrexham FC Saturday. Wrexham played one of the biggest games in its franchise history Saturday and scored a dramatic 3-1 victory over Boreham Wood FC in front of a packed house of more than 10,000 fans at the Racecourse Grounds.

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