Skip to main content

Ice Edge meets Glendale deadline for proof of financing for Coyotes purchase

PHOENIX - Ice Edge Holdings says it has provided the city of Glendale proof that it has the financing to complete the purchase of the Phoenix Coyotes.

As part of a city council decision June 8, Ice Edge had to provide the financial documents within 10 days.

Bank funding is part of Ice Edge's bid to purchase the NHL team. The group of Canadian and U.S. investors would keep the Coyotes in Glendale but needs a new lease with the city.

Ice Edge also says it met with NHL officials in New York this week to outline the company's plan.

It says the league is committed to work toward a purchase agreement to keep the team in Glendale.

TOP HEADLINES

Cal Petersen
Play

Screen Shots: Arizona's Arena, USA HHOF and Cal Petersen

Adam Proteau shares his thoughts on Cal Petersen, Jim Johannson being inducted in the USA Hockey Hall of Fame and an update on a potential arena in Tempe.

Jamie Benn and Tyler Seguin
Play

Possible Trade Targets for the Dallas Stars

The Dallas Stars are trending upwards. A report suggests they're ready to keep pushing for Stanley Cup contention with a top-six forward.

Jake Oettinger
Play

Why Short-Term Deals Are Better Gambles for NHL Goalies

Adam Proteau argues that the consequences of signing a goalie long-term can hurt a franchise much more than gambling on a short-term contract.