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RDS Obtains Financial Documents on the Montreal Canadiens’ Cash Flow

Published by on April 27, 2009
Article Source: Bleacher Report - NHL

It is well known and verified that the Montreal Canadiens owner George Gillett has been having his corporate assets and finances put under the microscope.

On March 23rd of this year, Canadiens president Pierre Boivin stated, "The Gillett family has retained the services of financial advisers to assess various strategic alternatives to optimize the value of its corporate assets."

"In Canada, the family has retained the services of BMO Capital Markets and the process is underway."

The principal concern of Gillett is the reported defaulting payments on a $600 million loan that he and Dallas Stars owner, Tom Hicks, took to purchase the English Premier League's Liverpool FC. in 2007.

It brought sp...

Read Complete Article at Bleacher Report - NHL
Article is property of BleacherReport.com

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