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Sens, NHL deny reports of dire financial woes

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11:00 AM ET 08.17 | Reports that the Senators are in financial peril were shot down by both team owner Eugene Melnyk and the NHL Friday. Amid rumours that the team needed the league to help pay bills last season came a website story quoting a highly-placed league source that the Ottawa franchise has been put on a "watch list." The story was vehemently refuted by Melnyk. "No chance," he said in an e-mail to the Sun. "It's all B.S. coming from a random useless blogger. All this stuff is nonsense. Kinda annoying as well ... doing just fine thank you very much!" Earlier in the day, the website hockeybuzz.com reported that there has been concern from league about the Senators' "escalating debt and the lenders." The source said trouble has been brewing since early 2012, and now there's "a fear the organization will be unable to make interest payments at some point, capitalizing the interest", adding that the league has encouraged Melnyk to seek investors."

Toronto Sun

Eugene Melnyk, Dave Sandford/NHL/Getty Images Eugene Melnyk, Dave Sandford/NHL/Getty Images
August 17, 2013  11:09 AM ET

Now that we no longer have the Falafel King to kick around anymore we've turned to this weasel.

(BTW - How's the Matt Cooke investigation going Gene?)

Comment #2 has been removed
August 17, 2013  11:26 AM ET
QUOTE(#2):

Wouldn't surprise me but I'll accept any slight against that tool whose "name" starts with an E.

Dammit Sylvester you spit on me again.

August 17, 2013  11:39 AM ET

...moving to Montana soon.....

August 17, 2013  11:41 AM ET
QUOTE(#1):

How's the Matt Cooke investigation going Gene?)

More like indigestion.

August 17, 2013  12:15 PM ET
QUOTE(#4):

...moving to Montana soon.....

Co-yotes to Flam-bays, Sr?
Gonna be in even tougher for a p-off berth, methinks - and tickets'll be harder t'get - and then too, y'gotta spend time in Harperia (oops, pardonnez-moi, Manningea) - in order to partake lively.

August 17, 2013  12:31 PM ET

Is this the real reason behind Alfredsson's issues?

Just because they say they are fine does not mean they are fine.

August 17, 2013  12:41 PM ET

I smell a rat. Melnyk must be around again.

August 17, 2013  01:17 PM ET
QUOTE(#4):

...moving to Montana soon.....

gonna be a dental floss tycoon..

August 18, 2013  09:20 PM ET
QUOTE(#4):

...moving to Montana soon.....

Just me and my pigmi pony over by the dental floss bush!


ZAPPA! Good stuff.

 
August 18, 2013  09:21 PM ET
QUOTE(#9):

gonna be a dental floss tycoon..

I knew you would know some lyrics my fine music lovin friend.

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