Brad Schrade from The Tennessean newspaper has been all over this whole Del Biaggio-Nashville Predators fiasco from the beginning...News out of Nashville has the remainder of the current Preds ownership group filing a claim against William "Boots" Del Biaggio in the Bankruptcy Court in San Francisco. The group is claiming that Del Biaggio's fraudulent behavior has cost them millions of dollars.
Schrade's middle paragraph... ahem... quote...
"The claim seems to counter statements made by the club immediately following Del Biaggio's bankruptcy in June that his problems would have no impact on the club's operations. Del Biaggio is under federal investigation, and facing a series of lawsuits claiming he defrauded lenders in an effort to purchase his 27-percent stake in the team in December."
This could play one of two ways- either the Predators ownership group is in really bad shape and is set to lose a boatload of money with or without Del Biaggio as a part owner. The other idea is that the Preds are just doing this to protect their assets and this was just an attempt to snow Del Biaggio and his attorneys under more paperwork.
Those of us here at OSG HQ tend to think it's somewhere in the middle.
The Hamilton Spectator newspaper isn't buying...
A short article makes sure we all know that Preds Head David Freeman is telling anyone and everyone that the team is not for sale. He also says that he hasn't had any talks with Balsillie. Richard Rodier, Balsillie's attorney, also concurs with the previous sentence. He even goes as far as saying that the team is "firmly in the hands of Mister Freeman."
For now...
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