GARRIOCH: Michael Andlauer approved by NHL's executive committee to buy Ottawa Senators

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Michael Andlauer has cleared another hurdle in the purchase of the Ottawa Senators and is closing in on officially becoming the new owner. League ...

Michael Andlauer is poised to become the become the next owner of the Ottawa Senators.Behind the Scenes at One of Canada's Top Restaurants | SaltWireMichael Andlauer has cleared another hurdle in the purchase of the Ottawa Senators and is closing in on officially becoming the new owner.

Once the paperwork is done and signed, the NHL’s board of governors will approve the sale of the club to Andlauer. No call is scheduled at this point, but that can be pulled together quickly. The sale needs two-thirds approval from the board; however, the vote will be unanimous. Since then, there has been a lot of work taking place behind the scenes, including getting a purchase agreement in place. Sources say the NHL’s head office has completed its due diligence on Andlauer and his partners before signing off on the sale.

Once Andlauer officially takes over, the expectation is he’ll make additions to the club’s front office, including bringing back former president Cyril Leeder to run the business side of the operation.Leeder, 63, played a significant role as an adviser in Andlauer’s bid to purchase the Senators. An executive at the Myers’ Automotive Group, Leeder is one of the Senators’ founders along with Ottawa businessman Bruce Firestone and league executive Randy Sexton.

Alfredsson has stated publicly he’d like to play a “meaningful role” in the club’s front office. He was a senior advisor from 2015-to-2017.

 

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