by Glenarch of the Glen Sun Jun 21, 2009 11:07 am
Liverpool Owner George Gillett Sells NHL Side Montreal Canadiens
Liverpool could have their financial burden eased somewhat after it emerged that their owner has agreed a deal for the NHL club...
21 Jun 2009
Liverpool co-owner George Gillett has agreed to sell NHL side Montreal Canadiens in a deal believed to be worth around £330 million.
Reuters Canada reports that Gillett will sell the Canadiens to the Molson family in a deal that could have ramifications for the Reds.
"Our family has been very proud to be associated with the Montreal Canadiens over the past eight years,” Reuters quotes Gillett as saying in a statement.
“I am fully confident that the Molson brothers, who have been a great part of the heritage of the club, will ensure the preservation and development of this great sports institution.”
The sale must now be officially approved by the NHL but is expected to be completed by the end of August.
Quite what impact this has on Liverpool remains to be seen, but it is believed that finances are an issue on Merseyside.
Manager Rafael Benitez has insisted he has money to spend this summer and has been linked with moves for Glen Johnson and David Silva.
However, it has also been claimed that the Spaniard must sell before he can buy, meaning that players such as Andrea Dossena, Alvaro Arbeloa, Xabi Alonso, Javier Mascherano and Albert Riera have all been linked with Anfield exits.
The Merseysiders are not believed to have the funds to compete with the likes of Manchester United, Chelsea and Real Madrid in the transfer market, although whether that may change in the light of today’s news remains to be seen.
Oooh!
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