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Report: Jamison secures investors, Coyotes purchase back on track

Aug 9, 2012, 10:59 AM EDT

Greg Jamison

According to Mike Sunnucks of the Phoenix Business Journal, prospective Phoenix Coyotes owner Greg Jamison has secured investment money and “could soon close on the purchase.”

Sunnucks spoke with two sources claiming to have knowledge of the ongoing Coyotes ownership saga, sources who say Jamison now has the necessary investors and partners in place to keep the team in Glendale.

In late July, Jamison was reportedly $20 million short of the target goal for buying the Coyotes.

More, from Sunnucks:

The NHL, Jamison camp’s and city of Glendale gave no indication Wednesday that a final deal was close.

One source familiar with the deal said Jamison has secured the money and partners to buy the team and final details are being reviewed by the NHL.

Jamison has not disclosed his financial partners, investors or specifics of his ownership bid.

So, everybody wait with bated breath regarding this latest development.

In the meantime, feel free to focus on the Aug. 23 Arizona Court of Appeals hearing, where the Save Glendale Now group will appeal an earlier decision (by a lower Arizona court) to keep a sales tax measure off the upcoming November ballot.

Good times…

  1. rushledger - Aug 9, 2012 at 11:26 AM

    Thank you! Now buy the team resign Shane Doan and let’s all move on to bobby Ryan trade rumors please!

  2. t16rich - Aug 9, 2012 at 11:32 AM

    I feel like I have heard this type of optimism before. Time to step up and get it done because we are long past this being laughable and frustrating all at the same time. The uncertainty is incredibly annoying. I don’t even think fans care anymore if they stay or move, we just want to actually know instead of having to read news reports for another 3 years.

  3. dayno66 - Aug 9, 2012 at 11:40 AM

    You’re a pretty dumb businessman if you think the yotes are a good investment…

  4. guitarmy204 - Aug 9, 2012 at 12:53 PM

    I hope he likes losing money

  5. innout10 - Aug 9, 2012 at 2:23 PM

    Another article that is pure spec. Zero facts… Whether its Good or bad news about the team take it with a grain of salt. Until mike nealy tells me the sale is done I won’t believe anything

  6. atwatercrushesokoye - Aug 9, 2012 at 4:01 PM

    How did he convince suckers to invest in something that will never be able to make money? This guy’s better than Madoff.

    • hasekneverretires - Aug 11, 2012 at 10:44 PM

      What are they gonna use in your precious stadium in Quebec now? I’m sure the pee-wee hockey leagues will pack that place out.
      Can’t wait for the ground breaking ceremony in September. I’m sure dozens of mounties will be there to celebrate.
      Hey, at least you still have Alan Thicke and Celine Dion!!!!

  7. ron05342 - Aug 10, 2012 at 2:00 AM

    “So, everybody wait with baited breath regarding this latest development.”

    It’s “bated breath,” MIke.

    Sheesh.

  8. dgprege22 - Aug 10, 2012 at 8:23 AM

    It is BATED BREATH

  9. Mike Halford - Aug 10, 2012 at 1:50 PM

    /slaps forehead

    • ron05342 - Aug 10, 2012 at 3:08 PM

      Ha ha, good man…at least you have a sense of humor about these gaffes.

  10. wisbadgers - Aug 11, 2012 at 7:43 PM

    I love all the Canadian haters on here. Your teams haven’t sniffed the Cup in years and now that the Yotes are staying in Arizona for years to come, now what are you going to complain about? Good luck with that empty arena in Quebec, I’m sure the tractor pulls will bring in the crowds.
    Don’t turn the lights off, don’t want anyone to get scared up there….hahahahaha!!!!

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