Checketts Sees Blues Having New Owners Soon

9 years 1 week 6 days ago Friday, July 22 2011 Jul 22, 2011 Friday, July 22, 2011 3:35:07 PM CDT July 22, 2011 in Sports
Source: Assoicated Press
By: Associated Press

ST. LOUIS (AP) -- Blues owner Dave Checketts believes the team will have new ownership by the stat of the 2011-12 season. The Blues, who have been on the market since Checketts announced the team was up for sale in April, saw limited interest from the outset but he said in recent weeks that interest has heated up.

Boston-based Game Plan LLC is conducting the sale of the franchise, just as it did when Checketts and his group SCP Worldwide along with majority investor TowerBrook Capital Partners, L.P. purchased the team for $153 million in 2006.

Forbes Magazine valued the Blues at $165 million in their annual report last year. The Blues, the lease to Scottrade Center and the team's AHL affiliate in Peoria, Ilinois are all up for sale and could fetch up to $200 million or more.

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