sports

Bhelliom · 06-17-2005

ST. LOUIS (CP) - The NHL's St. Louis Blues have been put up for sale after losing $60 million US over the past two years.

The team said Friday that Wal-Mart heirs Bill and Nancy Laurie, citing significant projected financial losses, had decided to put the club up for sale.

http://slam.canoe.ca/Slam/Hockey/NHL/StLou...1092917-cp.html

My question is this... ok so they're losing money and putting the team up for sale. but... why would you put the team up for sale and expect a decent selling price (or buyer period) when you're whining all over the news that the team is literally hemorraging cash and that trend is expected to continue in the long run, even with the new NHL deal expected?

seems like a poor selling point to me... but what do i know? I'm just a business and commerce student

06-17-2005	#1
Bhelliom Will fuck for beer Join Date: Jun 2005 Location: Toronto Posts: 1,143	ST. LOUIS (CP) - The NHL's St. Louis Blues have been put up for sale after losing $60 million US over the past two years. The team said Friday that Wal-Mart heirs Bill and Nancy Laurie, citing significant projected financial losses, had decided to put the club up for sale. http://slam.canoe.ca/Slam/Hockey/NHL/StLou...1092917-cp.html My question is this... ok so they're losing money and putting the team up for sale. but... why would you put the team up for sale and expect a decent selling price (or buyer period) when you're whining all over the news that the team is literally hemorraging cash and that trend is expected to continue in the long run, even with the new NHL deal expected? seems like a poor selling point to me... but what do i know? I'm just a business and commerce student __________________ I am a Sado-Machiavellian. As long as I cum in the end... It doesn't matter what I did to get there. :yowsa: I just made that term up.... pretty good eh?