Saturday, January 05, 2008

Billionaire interested in buying the Leafs?

Toronto billionaire Alex Shnaider, a one-time owner in the Formula One auto racing circuit, has expressed interest in buying the Toronto Maple Leafs. The Toronto Star is reporting that Shnaider has been consulting with bank and industry contacts about how much money it would take to buy the Leafs and it's parent company, Maple Leaf Sports and Entertainment. Source

Meanwhile, in Edmonton, Daryl Katz's bid to buy the Edmonton Oilers has stalled, after the
Edmonton Investors Group (EIG) recommended a rejection of Katz's $188 million offer to purchase the team. Sources say the board is stalling so that the opposing shareholders could be bought out. Katz's offer expires January 31st, and the board recommendation is expected to come on the 21st.

There are rumours swirling in Toronto that the Maple Leafs will waive goaltender Andrew Raycroft, and will try to sign UFA Curtis Joseph as a veteran backup.

Speculation is rampant that Minnesota Wild defenseman Keith Carney will once again be on the block at the trade deadline.

Simon Gamache has expressed his frustrations with the Toronto Maple Leafs and would prefer to play in Switzerland. "If I'm not with the Leafs, then I would rather go back to Switzerland. As soon as possible. I'm not having fun in the minors. I don't want to be in the minors. Like I said, if that is the case, I might as well be in Switzerland and resume things there." Source

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