Not really much new here to what has been speculated on this forum, but it's nice to see an update.
Perhaps these new investors - significant investors, as Craig notes - can help foot the bit for the new arena.
Coyotes owner Andrew Barroway in discussions with potential investors
Perhaps these new investors - significant investors, as Craig notes - can help foot the bit for the new arena.
Coyotes chairman and governor Andrew Barroway is exploring potential partnerships for his ownership of the franchise, and he is engaged in discussions with a handful of significant investors, a league source told Arizona Sports.
It’s unclear and undetermined what role or share the unidentified investors would have in a new ownership structure and there is no timeline on any potential changes to that structure.
Aside from the obvious infusion of money, the idea for bringing in additional investors would be to better position the franchise for its long-term goals in the Valley, such as building a new arena, building a practice facility, increasing its efforts to building the sport in Arizona and forging more partnerships in the community.
Coyotes owner Andrew Barroway in discussions with potential investors