The sale of the Senators is really in the plans

Senators sale really in the plans


The Ottawa Senators confirmed Friday that the process of selling the franchise has begun, noting that keeping the club in the federal capital is one of the conditions of the future transaction.  

In a brief statement, the organization specified that the company Galatioto Sports Partners will act as financial advisor for its interests. This was in fact commissioned by the Melnyk family, the current owner, to identify potential buyers. The name of actor Ryan Reynolds was mentioned by the daily “Ottawa Sun” earlier this week.

“This is a necessary and prudent step to contact the parties being deeply interested in showing us their vision for the future of this team,” Senators Governor Sheldon Plener said of Galatioto's tenure.

The future of the Senators has been the subject of several speculations in the last months, even years. Support issues and the distance from the Canadian Tire Centre, the home of the club, are among the issues that raised doubts. The death of owner Eugene Melnyk in March also presented a new obstacle, as his estate had little hockey knowledge.

In addition, the National League (NHL) and its commissioner Gary Bettman have already expressed the wish to see the dealership remain in Ottawa. On the side of Quebec, where the public awaits the return of the NHL, the Minister of Finance, Éric Girard, who was mandated by the Prime Minister François Legault to manage the file of the return of the Nordiques, declared to have had no contact with the organization, according to “Le Journal de Québec”.