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Who's Trying to Buy the Senators?

Published in Sports Ownership 1 min read

A group spearheaded by logistics billionaire Michael Andlauer has agreed to purchase the Ottawa Senators.

The Acquisition Details

The deal involves a significant transfer of ownership, with Andlauer's group poised to take control of a substantial portion of the club.

  • Lead Buyer: The acquisition is being led by Michael Andlauer, a prominent logistics billionaire.
  • Ownership Stake: The agreement stipulates the purchase of 90% of the Ottawa Senators.
  • Announcement: The Senators publicly released a statement confirming this agreement on a Tuesday, signaling a new chapter for the hockey club under new primary ownership.