Latest on sale of Senators
That’s not just happening with one of the bidders, it appears to be happening with everybody involved and that has raised the frustration level amongst those trying to buy the club.
Postmedia has reported this is a three-horse race between Apostolopoulos, Andlauer and the Kimel family. Representatives of the bid by Sparks are still looking to put financing in place and it’s highly doubtful they’ll have a chance of owning this team.Article content The belief amongst the bidders is GSP and the representatives of the Melnyk estate have been trying to maximize the sale price by negotiating purchase agreements with three of the four groups while keeping Sparks in the process as a fallback position.
Many believe Apostolopoulos, who rose to prominence when he finished second to Josh Harris in a bid to buy the National Football League’s Washington Commanders for $6 billion, would be a strong owner because he has the wherewithal to do this deal.
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