Kukla's Korner Hockey
by Paul on 01/30/07 at 12:34 PM ET
from the Tampa Tribune,
Team president Ron Campbell said Monday, in response to a story by Sports Business Journal, that the team is not actively for sale despite the hiring of investment bank Galatioto Sports Partners.
A story appeared on the publication’s Web site Monday, and will appear this week in print, with a headline that read: “Lightning owner considering sale option.”
Campbell, however, said the hiring of GSP, which took place three months ago, is not about seeking a buyer for the franchise, but rather is on a consulting basis, a common practice the club has used to help in other areas of operations.
“The motivator in this is to fix the business, not sell the business,” Campbell said.
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