“The real estate component makes it an attractive option,” a league source said. “If this was just a team in Kanata I don’t think there’d be this much interest.”
The amount of interest in the Senators is in stark contrast to the number of bidders there were when the late Eugene Melnyk bought the team and the Canadian Tire Centre out of bankruptcy for $130 million in 2003. League sources say the Melnyk’s daughters, Anna and Olivia, along with the club’s board of directors have been thrilled with the amount groups that have reached out to GSP.
But Reynolds wants to be involved because he views it as a tremendous opportunity to help market the game and be part of something that has a chance to be special.It’s believed Reynolds has met with representatives for several of the interested parties, including Toronto real estate developers Jeffrey and Michael Kimel.Article content
The Kimel family has the financial wherewithal to make a deal and the knowledge needed to help build LeBreton but they’re hardly alone on that front.Article contentAndré Desmarais of Power Corp, who was part of a failed bid for the LeBreton Flats project five years ago;
Source: News Formal (newsformal.com)
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