ST. LOUIS (KMOX) – Blues owner Dave Checketts is putting the team up for sale. Checketts told a media conference call that he failed to reach an agreement with the team’s majority owner TowerBrook Capital Partners.
“There are differences in opinions and terms that we couldn’t live with, our new investors couldn’t live with and our old ones couldn’t live with,” Checketts said.
Responding to reports that a group assembled by minority owner Tom Stillman made a recent offer, Checketts reiterated that he has not received “a credible offer” for the team. Checketts says the franchise is in “good shape” and is not losing money, plus has cash and resources. He says both he and TowerBrook want to keep the team in St. Louis; he says that’s “not a question.” He reiterated that St. Louis is “absolutely” a viable hockey market.
LISTEN: Dave Checketts Hosts Conference Call
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