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Statement regarding the sale of the franchise

Wednesday, 10.31.2007 / 4:39 PM CT / News
By Press Release  - Nashville Predators
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Statement regarding the sale of the franchise
Nashville Predators Owner Craig Leipold issued the following statement this afternoon relative to the proposed sale of the franchise to the David Freeman-led investor group:

“I met earlier today with Mayor Dean to hear an update on where the city stands regarding lease negotiations with David Freeman’s group. I have also met with David and he has provided an update on the ownership group’s overall progress towards completing the purchase of the franchise. We understand how complex this transaction is and how much time and effort David, his group, the Mayor’s office and others have invested into the process—all with a goal of keeping the Predators in Nashville and making the franchise viable for the long-term.

“Based on the progress being made, I am convinced all parties will benefit from extra time to complete this transaction so we will extend the purchase agreement with David’s group with a goal of completing the sale as soon as possible.

“We thank our fans, partners, team and staff for their patience and understanding during the transaction process, and look forward to completing the sale to David and his group. We do not plan to comment further on the sale status until there is significant and definitive news.”
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