Confirmed with Link: Andlauer reaches deal for Ottawa Senators ownership

[AchtzehnBaby]

Bruce Garrioch: Michael Andlauer reaches deal in principle to buy Ottawa Senators

The bid is believed to worth close to $1 billion U.S..

ottawasun.com

Michael Andlauer to become new Senators owner | TSN

A group led by Toronto billionaire Michael Andlauer has won the bidding war and will become the new owner of the Ottawa Senators. Bruce Garrioch of Postmedia adds that Andlauer will play $950 million USD for the franchise.

www.tsn.ca

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[Comely]

Something I wonder they say the deal is worth 950M is that how much he is paying or is it what he is valuing the team at? If hes paying that then the team is being valued at 1.056B because hes only getting 90%, if its what the team is valued at that means hes paying 855M. It doesnt really matter but I am curious all the same

 

[Mark Stones Spleen]

Andlauer cleaning house

 

[Icelevel]

Sweeeeet
Looking forward to his press conference

 

[Johnny Hanson]

It was going to be him all along, wasn’t it?

Why didn’t reynolds align himself with Andlauer

 

[milkbag]

If Andlauer doesn't turn on the hot water I'm making a billboard

 

[Joeyjoejoe]

 

[YouGotAStuGoing]

Welcome aboard, Mr. Andlauer! Now the real litmus test starts — hire smart people, stay out of their way, and stay out of the limelight once the initial new owner media pandemonium has faded. Let your success do the talking, please.

 

[sennysensen]

If Andlauer doesn't turn on the hot water I'm making a billboard

You'll get cold water, own nothing, and like it.

 

[Relapsing]

I'm so excited to watch his first press conference, then never hear from him again!

 

[Emerica]

Does it bother anyone that he’s such a big mtl fan? Thinking about the psychology behind owning a team other than your lifetime favourite and going up against them. Obviously he’ll be split. Does it matter?
Ideally we have a passionate Ottawa fan as owner but can’t everything.

No.

Should we also only draft kids that grow up Sens fans? Can’t be drafting a kid that grew up a Habs fan, they could only be giving half effort when we play them

 

[LudwigVonKarlsson]

Well slap my ass and call me sally, it actually happened.

 

[PlayersLtd]

...or let's hope he's an owner worth listening to.

 

[Pierre from Orleans]

If Andlauer doesn't turn on the hot water I'm making a billboard

Don't wash your hands after using the toilet in protest

 

[Very Stable Genius]

Wonder how leveraged up this takeover is, at least we can be thankful the Melnyk clan is finally out of the picture (mostly).

 

[Icelevel]

No.

Should we also only draft kids that grow up Sens fans? Can’t be drafting a kid that grew up a Habs fan, they could only be giving half effort when we play them

I’m imagining myself owning the senators vs the canadiens.
It would be a different feeling. Unless he’s really not that passionate of a fan and more of a business owner.

 

[Adrianopolous]

Pierre will be gone by next week

 

[StittsvilleJames]

Is Michael Andlauer an Eagles fan or more of a Metallica guy?

 

[Relapsing]

My only regret is that now we won't have video go snoop hot boxing the owners box.

Perchance to dream!

 

[Slippy]

was Bert's bar part of the deal? Is that the 10% the sisters retained?

 

[SquidNasty]

Is Michael Andlauer an Eagles fan or more of a Metallica guy?

Seems way too cool to be an Eagles guy

 

[Icelevel]

Preview. In case anyone hasn’t seen him speak before. From 8 years ago.

 

[Pancakes Pancakes]

Garrioch just tweeted that the Malhotra's of Claridge are a partner. which is great since they are worth more than Andlauer (about $2.5B).

 

[FunkySeeFunkyDoo]

Is Michael Andlauer an Eagles fan or more of a Metallica guy?

Would be great if he brought in Snoop Dogg as the concert for the season ticket holders.

 

[Gil Gunderson]

They suck but that’s another billionaire in the consortium.