Dee Karl
New York Islanders |
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Location: Long Island, NY Joined: 06.20.2009
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Cptmjl
New York Islanders |
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Joined: 11.05.2011
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XxNYIxX
New York Islanders |
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Location: Clayton, NC Joined: 02.26.2007
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Fantastic. This is all very interesting - Cptmjl
She skates better then KO.
XxNYIxX |
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dmarsden2988
New Jersey Devils |
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Location: stafford is about equal to rya, NJ Joined: 03.07.2011
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i know visnovski's suspension is over, is he playing? when does he get back? |
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Isles_since_6
New York Islanders |
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Location: Vancouver, BC Joined: 07.13.2009
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kear20
New York Islanders |
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Joined: 07.03.2007
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Happy Saturday everyone...it's time to start today's discussion...This was in today's NY Post business section:
Wang’s got an Island-ers to sell you
By Josh Kosman
EXCLUSIVE
The New York Islanders appear to have started a new effort to find a buyer, The Post has learned.
Owner Charles Wang has been in talks with The Raine Group, a Manhattan investment bank, regarding the sale of the money-losing team, two sources said.
Talks between Wang and Raine are said to be preliminary and the team owner hasn’t hired Raine — so the effort could lose steam.
An Islanders spokesman said there is no truth to the story. Raine could not be reached for comment.
Over the last few years, sources said, Wang has quietly let it be known that he is open to selling the National Hockey League team — although no formal sales process was established.
Wang was hoping to sell the team for around $300 million, which some, sources added, thought was unrealistically high.
Recently, the team’s fortunes have changed as Wang, in October, inked a long-term deal to move the team from Nassau County to Brooklyn’s Barclays Center beginning in 2015.
The move is likely to improve attendance. The Islanders now draw the second-fewest fans in the NHL, averaging just 12,766 per game.
“The team is salable now,” a source said. “Now it is a legitimate process.”
Plus, Wang might be feeling more pressure to sell. His NHL team lost more than $10 million last year, a source with direct knowledge of its finances said, more than in any recent year.
The team has a roughly $75 million loan that comes due at the end of next season.
The NHL did not return calls.
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kear20
New York Islanders |
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Joined: 07.03.2007
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proboy74
New York Islanders |
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Joined: 07.02.2007
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i know visnovski's suspension is over, is he playing? when does he get back? - dmarsden2988
Really??? |
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jimmc7722
New York Islanders |
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Location: TAVARES IS AN ASS!!!!, ON Joined: 02.06.2008
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Happy Saturday everyone...it's time to start today's discussion...This was in today's NY Post business section:
Wang’s got an Island-ers to sell you
By Josh Kosman
EXCLUSIVE
The New York Islanders appear to have started a new effort to find a buyer, The Post has learned.
Owner Charles Wang has been in talks with The Raine Group, a Manhattan investment bank, regarding the sale of the money-losing team, two sources said.
Talks between Wang and Raine are said to be preliminary and the team owner hasn’t hired Raine — so the effort could lose steam.
An Islanders spokesman said there is no truth to the story. Raine could not be reached for comment.
Over the last few years, sources said, Wang has quietly let it be known that he is open to selling the National Hockey League team — although no formal sales process was established.
Wang was hoping to sell the team for around $300 million, which some, sources added, thought was unrealistically high.
Recently, the team’s fortunes have changed as Wang, in October, inked a long-term deal to move the team from Nassau County to Brooklyn’s Barclays Center beginning in 2015.
The move is likely to improve attendance. The Islanders now draw the second-fewest fans in the NHL, averaging just 12,766 per game.
“The team is salable now,” a source said. “Now it is a legitimate process.”
Plus, Wang might be feeling more pressure to sell. His NHL team lost more than $10 million last year, a source with direct knowledge of its finances said, more than in any recent year.
The team has a roughly $75 million loan that comes due at the end of next season.
The NHL did not return calls.
- kear20
I think we all knew he was going to sell... except one poster!!!
I would be surprised if it was anybody but Prokhorov.
I can see him buying the franchise and then naming a big name President of Hockey Operations!!!
That may happen in the offseason...
If Wang owes $75 million in loans... he will need the money to pay it back.
Even Negative Nelly has to be somewhat excited by this!!!!
Maybe Not!!!
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potvin05
New York Islanders |
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Location: Snow's World (I just live in it), NY Joined: 06.21.2008
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Please, please, PLEASE, let this be the start of one of the greatest days in franchise history. PLEASE. |
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jimmc7722
New York Islanders |
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Location: TAVARES IS AN ASS!!!!, ON Joined: 02.06.2008
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jimmc7722
New York Islanders |
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Location: TAVARES IS AN ASS!!!!, ON Joined: 02.06.2008
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Please, please, PLEASE, let this be the start of one of the greatest days in franchise history. PLEASE. - potvin05
Even us old guys might see Lord Stanley again... |
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jimmc7722
New York Islanders |
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Location: TAVARES IS AN ASS!!!!, ON Joined: 02.06.2008
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jimmc7722
New York Islanders |
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Location: TAVARES IS AN ASS!!!!, ON Joined: 02.06.2008
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The Reason Why I'm An Islanders Fan!!! |
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devils_mike
New Jersey Devils |
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Location: NJ Joined: 09.30.2009
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I always get nervous playing against you guys. You always play well against us. |
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UIF
New York Islanders |
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Location: NY Joined: 01.09.2009
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If Charles Wang sells this team, we're all getting together for a five-day, five-night celebration. Just not in a dry town. |
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potvin05
New York Islanders |
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Location: Snow's World (I just live in it), NY Joined: 06.21.2008
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- jimmc7722
I love that (frank)ing photo!! One of my favorites. |
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Isles316
New York Islanders |
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Location: Long Island , NY Joined: 01.15.2008
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If Charles Wang sells this team, we're all getting together for a five-day, five-night celebration. Just not in a dry town. - UIF
Im in |
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potvin05
New York Islanders |
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Location: Snow's World (I just live in it), NY Joined: 06.21.2008
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If Charles Wang sells this team, we're all getting together for a five-day, five-night celebration. Just not in a dry town. - UIF
Without a doubt. Party in the ghet-tooooooo |
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SCLI
New York Islanders |
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Location: Hockey Hotbed of the South!, SC Joined: 09.17.2007
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I think we all knew he was going to sell... except one poster!!!
I would be surprised if it was anybody but Prokhorov.
I can see him buying the franchise and then naming a big name President of Hockey Operations!!!
That may happen in the offseason...
If Wang owes $75 million in loans... he will need the money to pay it back.
Even Negative Nelly has to be somewhat excited by this!!!!
Maybe Not!!!
- jimmc7722
Who the HEXXX are you refering to? |
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ses111
New York Islanders |
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Joined: 06.07.2008
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ses111
New York Islanders |
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Joined: 06.07.2008
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Isles316
New York Islanders |
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Location: Long Island , NY Joined: 01.15.2008
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Could this be the changes Ek was referring to? I would think the Nets people would want to buy? - ses111
Ratner and prokorov . There is also an out clause in the coliseum lease that ratner can break if he gets the rights to the coliseum site to bring them back to the island. |
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SCLI
New York Islanders |
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Location: Hockey Hotbed of the South!, SC Joined: 09.17.2007
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Free drinks for the Wolfpack - ses111
We deserve em! |
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Isles_since_6
New York Islanders |
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Location: Vancouver, BC Joined: 07.13.2009
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Could this be the changes Ek was referring to? I would think the Nets people would want to buy? - ses111
I sincerely hope this is the case and it's accurate. I'm not sure how quickly the process would be but I really truly hope this is real.
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