US businessman George Gillett is considering selling his sporting assets, which include English Premier League football team Liverpool and NHL team the Montreal Canadiens.
Reuters reports that Canadiens president Pierre Boivin said Gillett had hired four financial firms in Europe, the US and Canada to look at all of his sports properties.
Quoting an interview with Canadian newspaper La Presse, Reuters reports that Boivin said, “[Canadian financial company] BMO Capital Markets has received a mandate to evaluate all the possible strategies concerning the properties owned by the Gillett family in Montreal.
“We could be talking about capitalisation, financial restructuring, new investors or – to put it bluntly – the sale of the enterprises.”
Gillett owns 80.1 per cent of the Canadiens and 50 per cent of Liverpool.
