CP NewsAlert: NHL board of governors approves sale of Ottawa Senators
By The Canadian Press on September 21, 2023.
OTTAWA – The sale of the Ottawa Senators is finally official. The NHL announced Thursday that the transfer of the club to a group led by Michael Andlauer has been unanimously approved by the league’s board of governors, and that the transaction has been completed. The Andlauer group reached an agreement to purchase the club in June for what’s believed to be in the neighbourhood of US$1 billion. The Senators went up for sale last November following the death of owner Eugene Melnyk, whose daughters are retaining 10 per cent of the team. The approval of the sale was announced on the opening day of NHL training camps. The Senators play their first pre-season game before the 2023-24 campaign Sunday against the visiting Toronto Maple Leafs. This report by The Canadian Press was first published Sept. 21, 2023. 8-7
