Monday, March 23, 2009

Gillett Considers Selling Canadiens Franchise: Report

Canadiens owner George Gillett Jr. bought a majority interest in the Canadiens in 2000.
Photograph by: John Kenney, Gazette file photo

From The Montreal Star:

George Gillett, owner of the Montreal Canadiens, is considering putting the legendary 100-year-old hockey club up for sale.

La Presse Monday morning reported Gillett is looking at various options for his assets including the Habs, the Bell Centre and the Gillett Entertainment Group, citing Canadiens president Pierre Boivin as its source.

BMO Capital Markets has been hired to look at all possible options, including financial restructuring, bringing in new investors or selling assets outright.

“The process has been started but we’re only at the beginning,” Boivin is quoted as saying.

Read more ....

Update: Gillett considers selling Canadiens: report -- CTV

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