Raw Charge: An SB Nation Community

Navigation: Jump to content areas:


Pro Quality. Fan Perspective.
Login-facebook
New Blog: Once A Metro covering Red Bull New York!

Jeff Greene out as potential investor in the Tampa Bay Lightning

Only a day after we posted a reminder about the unsettled situation with ownership of the Tampa Bay Lightning franchise, the situation's unresolved status became further highlighted.

Erik Erlendsson of the Tampa Tribune reported on his blog that investor Jeff Greene has dropped his bid to buy into the Lightning franchise:

"After careful due diligence and a thorough analysis of the terms and economics of the deal, we have determined that this investment does not meet our criteria,’’ Greene said. "At Florida Sunshine Investments, we are presented diverse investment opportunities here in Florida, throughout the United States and around the world. We looked at the investment in the Lightning like we look at any other potential investments, and after doing our final analysis, the numbers did not work for us."

Damian Cristodero, reporting for the St. Petersburg Times, reminds us (and clarifies a bit) that Anthony Sansone Jr. is still out there as a potential ownership candidate:

The ball now seems to have bounced to St. Louis real estate investor Anthony Sansone Jr., who,  basically, had taken over Barrie's bid to buy the team after Barrie in August walked away from his exclusive window to buy the team. Sansone has not made any statements recently. His last communication in late September was his "passion" for the project remained strong.

There is a gag order in place so no comments have been made by Oren Koules, Len Barrie, former Lightning owners (and sale financiers) Palace Sports and Entertainment and the league regarding the situation besides ambiguous comments and non-comments.

0 recs  |  Comment 1 comment |

Story-email Email Printer Print

Around SB Nation

Boston-Owned Bolts?

Jan 2010 from From The Rink - 2 comments

The NHL's next big problem

Sep 2009 from From The Rink - 87 comments

Comments

Display:

Comments For This Post Are Closed


User Tools

SB Nation's Tampa Bay Lightning community.
Start posting about the Lightning »

Join SB Nation and dive into communities focused on all your favorite teams.

Connect_with_facebook

FanPosts

Community blog posts and discussion.

Recent FanPosts

Small
SB Nation Survey + Chance to donate $500 to a charity of this community's choice
New-avatar-163307_small
Team press release: Bring Mike Smith to School day
New-avatar-163307_small
Season Ticket season is here: Reductions and locked prices
Small
Two Goalies
Nicu_xmaswalls-2_small
Last Nights Game VS Atlanta
Nicu_xmaswalls-2_small
If I Were Brian Lawton
Jcow3_small
Raw Charge Presents: Nickname That Player!
Nicu_xmaswalls-2_small
pathetic
Stick_and_puck_small
Lightning Make Coaching Changes. How Will It End?
Stick_and_puck_small
Off Topic (sort of): Hockey Players at Midnight (and no, it's not what you might think...)

+ New FanPost All FanPosts >

28 - 31 - 12

Lost 4

Featured Poll

Poll
Should Martin St. Louis be considered a Hart Trophy candidate?

  83 votes | Results

Raw Charge on the Web

Raw Charge

Promote Your Page Too



Eastern Conference Teams Blog Directory
TOP 100 HOCKEY SITES

SBNation.com Recent Stories

Carolina Hurricanes left wing Erik Cole, left, celebrates with Bryan Rodney and Jamie McBain (28) after McBain scored the game-winning goal in overtime against the Pittsburgh Penguins in an  NHL hockey game in Pittsburgh Saturday, March 20, 2010.  Carolina won 3-2 in overtime.(AP Photo/Don Wright)

Insert Obvious March Madness Comparison Here: Canes Beat Pens On OT Buzzer-Beater

Photo link

An Interview With Blue Jackets' Prospect Matt Calvert

Eric Nystrom, left, and Mikael Backlund of the Calgary Flames celebrate a goal in the second period of a NHL hockey game March 19, 2010, in Calgary, Alberta. (AP)

Sharks Fizzle Out Again, Lose To Flames, 4-3

More from SBNation.com >

eXTReMe Tracker

Managing Editors

New-avatar-163307_small John Fontana

Dscf0030-50_-crop_small Cassie McClellan

Writing Staff

Small Vancity Canuck

Moderators

Stick_and_puck_small TB_hockey_fan