Kukla's Korner Hockey
by Paul on 06/17/13 at 10:10 AM ET
from Josh Kosman of the NY Post,
The New Jersey Devils are again skating on very thin financial ice, The Post has learned.
The team’s cash-strapped owner, less than six months after restructuring its debt, has missed an interest payment and now risks defaulting on its new loan, a source with direct knowledge of the situation said.
The latest financial blow-up at Devils Arena Entertainment — a missed interest payment in April of nearly $3 million — has surprised those close to the once-proud NHL franchise.
“How can you do a restructuring Dec. 31 and default in April?” the source said. “It’s astounding.”
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Paul Kukla founded Kukla’s Korner in 2005 and the site has since become the must-read site on the ‘net for all the latest happenings around the NHL.
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