According to WGR-550 in Buffalo:
The Hockey News reports that Terry Pegula has signed a letter of intent to buy the Sabres for about $150 million.
According to WGR-550 in Buffalo:
The Hockey News reports that Terry Pegula has signed a letter of intent to buy the Sabres for about $150 million.
For all the education and practice each of us undergoes, the achievment of mastery is ultimately the outcome of a personal quest for understanding.
Now on their website and they are discussing it live:
http://www.wgr550.com/Report--Terry-...to-Buy/8676309
Report: Terry Pegula Signs Letter of Intent to Buy Sabres
Joe Buscaglia Reporting
JoeB@WGR550.com
The tenure of Tom Golisano as owner of the Buffalo Sabres could be coming to a close.
Ken Campbell of The Hockey News is reporting that billionaire Terry Pegula has signed a letter of intent to purchase the Sabres from Golisano for $150 million dollars.
WGR is also running an interview with the Pegula - his other favorite sport is football. Already speculating on Bills ownership. LOL.
Pegula cannot be buying this team in order to resell and make more profit. How much higher can they go than $150 mil? I think this could be a very good thing. He gets a sound investment that makes money and he loves hockey enough to want to make the team a winner.
I'm ecstatic right now. WOW!
I only will be if Larry Quinn goes away again!Originally Posted by RockStar36
I agree, I should temper my enthusiasm, but I can't find anything negative about this guy. It sounds like a dream come true to have an owner of this caliber.
The guy is worth $3B...$150M is pocket change for the guy. Guarded, but excited.
Attorney on phone says that LOI is not binding but you are willing to pursue the purchase. Both parties have right to withdraw from the action. Due Diligence must be done and all have to work and act in good faith. There is an exclusivity once the LOI is signed.
if quinn goes i am happy he is the real problem here...bring in an owner serious about winning and changing a few things
XTRA CRISPY XTRA SAUCEY
Ken Campbell is on the air right now and he says that this sale could go VERY quickly. The NHL has lots of little management/ownership fires that it has to deal with it and would love nothing more than to make this move quickly and simply.
Quinn has heart problems...he might be looking to get out completely.
Stop...teasing...
Well, he's given many other people heart problems ...
"It is better to be divided by truth than to be united by error." -- Martin Luther
"Those who appease the crocodile will simply be eaten last." -- Winston Churchill
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Quinn says this isnt true
What isn't?
Apparently the story where Quinn says it isn't true is now missing from the WGRZ site.
Yes, a reporter out of Quebec is tweeting that.
WGR's Chris Parker has spoken with Quinn
LOI has not been signed and they are not being sold for $150M.
I believe the opposite of anything Quinn says
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