The whispers turned into a roar this week as news finally was confirmed that George Gillett, owner of the Montreal Canadiens was seeking out a valuation of his franchise, perhaps in a bid to secure some liquidity for his many other business ventures.
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Gillett like many other of the monied class is finding that the current economic upheaval is causing no shortage of troubles with his varied interests, from his stake in the English League’s Liverpool squad, to his Formula one inclinations and on to any number of car dealerships across America, the bills seem to keep coming due even if the revenues aren’t quite as rewarding as they once were…
(from the blog a town called podunk, click on the link below to see the entire article atowncalledpodunk.blogspot.com/2 … 4820023625 )-