Tuesday, August 27, 2013

Blades Sale Just Needs WHL Approval

The WHL announced today a special meeting of the WHL Board of Governors has been scheduled for Wednesday September 4 to review an application to transfer the ownership of the Saskatoon Blades WHL franchise. The meeting will take place at the Delta Airport Hotel in Calgary.

The co-owners of the Saskatoon Blades, Jack Brodsky, together with his brother Bob and sister Debbie, have entered into an agreement with Mr. Mike Priestner to purchase the franchise. Mr. Priestner is the owner of Go Auto, an Edmonton based automotive company, which owns over 30 dealerships throughout Western Canada.

The sale of the franchise and the transfer of ownership from the Brodsky family to Mr. Priestner requires the approval of the WHL Board of Governors. A special resolution vote of two-thirds majority from the Board of Governors is required in order to grant approval for the sale. If approval is granted at the September 4 meeting, Mr. Priestner will assume control of the Saskatoon Blades franchise prior to the start of the 2013-14 WHL season.

The WHL, the Brodsky family and Mr. Priestner will not be making any further comments on this matter until following the WHL Board of Governors Meeting on September 4.

No comments: