Isles Ownership Saga Rolls On

The story of the New York Islanders sale continues to gather steam; with Sports Business Journal’s Chris Botta reporting that Andrew Barroway has lined up the necessary funds and investors to meet current owner Charles Wang’s asking price.

Botta has previously mentioned an “unwritten, non-binding understanding” that the asking price for the Islanders would be in the region of $400m; allowing Barroway to seek the support he would need to continue his flirtation with the franchise.

Whilst the hedge fund managers interest in the Isles excited many fans, the saga is far from over – nor is it as straight forward as it may have at first appeared.