Karmanos still not sure offer to buy Hurricanes ‘cuts the mustard’

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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.

Related: Forbes calls report of offer to buy Hurricanes ‘bogus’ and ‘fake news’