Three pontential investors interested in Thrashers

According to Chris Vivlamore of the Atlanta Journal-Constitution, the
Atlanta Thrashers have three potential investors interested in becoming
part of the Atlanta Spirit, the company that owns the Hawks and the

Bruce Levenson, Atlanta Spirit co-owner, said after the season that
there were looking for minority investors in the Thrashers to give the
team more “financial muscle”; now it seems as though they’ve found a few
who are definitely interested. Per

Levenson said that each of the parties are “at different
stages of doing their due diligence.” He said, based on the potential
investors goals, that all three investors would not commit financially
to the group, but that “one or more” was a possibility. Levenson also
told the AJC that investor interest ranges from one to both of the Hawks
and Thrashers franchises.

The ownership group is not
interested in selling the majority stake of the team, nor are they
interested in moving the franchise.

Of course, that’s exactly
what Tom Hicks stated last year about the Dallas Stars before later
announcing the future sale of the team. Of course, Hicks and Levenson
are in somewhat different places financially, but you have to wonder
about the state of the Hawks and Thrashers as they look for more
investors to help out with the financial aspects of the franchise.

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