Peter Karmanos is willing to give Chuck Greenberg some time to put his investment group together.
But in an interview with Chip Alexander of the Raleigh News & Observer, Karmanos wanted to be clear that he has not yet agreed to sell the Carolina Hurricanes.
Before a transaction is finalized, there are still a few stumbling blocks to get over.
From Alexander’s conversation with Karmanos:
So there’s still a ways to go before the ‘Canes have a new owner that’s willing to keep the team in Raleigh.
First, Greenberg has to raise the money — and a few weeks ago, it was reported he was “not even close” to doing that.
Then, if Greenberg does manage to pull the funds together, a purchase agreement has to be reached that satisfies both sides.
In other words, a lot could still go wrong in this process.
Fingers crossed, ‘Canes fans.