Montreal Canadiens owner George Gillett made it clear to the media that he is not selling the teams he owns."What was told to the media was that we are doing some estate planning and looking at various assets to see whether we should refinance them, sell them, buy them, nothing urgent, we were just starting the process," said Gillett to reporters at the SportAccord convention in Denver, CO.This story seems pretty odd because earlier this week Canadiens president Pierre Boivin told La Presse that Gillett was planning on selling the Habs, but then today Gillett denies all of what Boivin said.
"We had engaged six investment advisers around the world and it got reported as four and that we were selling assets as opposed to estate planning," Gillett said on Wednesday. "Even when you think you're doing it right it gets distorted. There is no story yet, we'll find out what it is when we get the reports."Gillett also admitted that he is not going to sell his sports teams."There some serious financial implications to what is going on in the world and the world economy but frankly we are fortunate to be involved in sports and sports entertainment," said Gillett.
"I can tell you the last place to lose support is entertainment and within the entertainment core the last place to lose support is sports." Right now the Canadiens currently sit in 8th in the east and will look to go 4 points up on Florida if they grab a win tonight against Tampa Bay.
Written By Andrew Di Pardo
No comments:
Post a Comment