Monday, April 27, 2009

Millionaires Sold

I heard rumblings of this months ago and now it's official:
Quesnel Millionaires sold to local group following approval of BCHL Governors

Burnaby, BC -- April 27, 2009 -- The British Columbia Hockey League’s Board of Governors has approved the transfer of ownership of the Quesnel Millionaires Hockey Club to a group of local investors, the league announced Monday. The team’s new owners, who purchased the franchise from a community-based non-profit society, will immediately assume full operations of the Millionaires. The transfer was completed after a lengthy planning and review process that was approved following a presentation to the BCHL’s Board of Governors.

“On behalf of the British Columbia Hockey League and its Board of Governors, I would like to welcome the new ownership group of the Quesnel Millionaires,” BCHL Commissioner John Grisdale said. “Committed local ownership is a hallmark of a successful junior hockey franchise, and I’m certain that this announcement signals a positive long-term step for the Millionaires organization and their fans.”

“We are very excited to be a contributing partner to the BCHL and look forward to working with the league moving forward,” said Millionaires governor Bob Sales. “On behalf of the entire organization, I wish to thank the league and our fellow governors for their tremendous support throughout this process. This is an exciting time for the City of Quesnel and our franchise and we are honoured to be a member of the best Junior A hockey league in Canada”
There goes another community ownership group. It seems like it was a necessary move for the Mills. I'm glad that a team of devoted local investors was able to get together here. Hopefully that will mean good things for Quesnel. Now they need that arena.

More details at their official website.

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