«Someone called me and said, 'I could see you buying the Coyotes. They're in deficit.' They were losing $28 to $32 million annually. He said, 'Look, if you're interested, I can help with the transaction.' At first, I wasn't sure, but I found a bank to support me, and a Quebec billionaire joined me.
I got all the details, the last three years of financial statements. So, I spoke with the owners. I got the information. They were waiting for an offer or something from me. We were working with Bill Daly, Gary Bettman's right-hand man, but my goal in buying the Coyotes was first and foremost to move them to Quebec. Otherwise, I considered moving them to Southern California, around San Diego.»