Thursday, February 19, 2009

Phoenix Coyotes under the Threat of Existence

Phoenix Coyotes is one of the most popular ice hockey club, but the club is now under series economic problem with a huge debt. Club owner Jerry Moyes has recently revealed his interest to sell a part or a majority share of the clubs and are looking for investors. In fact, he along with club coach Wayne Gretzky has already talked to some interested investors. Club fans are worried about the club’s possible relocation to somewhere else other than its current location Phoenix, Arizona. Before 1996, the club was named Winnipeg Jets when it was located in Canada. It became Phoenix Coyotes when it moved to Phoenix in 1996.

Global economy is going through a rough patch of time and the way it is being aggravated, no body knows if the bad days are ahead of us. So, I am not certain if Coyotes will be able to remain in Phoenix.

Related article:

Abd15.com

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