DONE DEAL

According to Glenn Kulka a source close to the new ownership of the Renegades has confirmed the deal is done for the team to return in 2007.

so who is it?

From what i here D'angelo and steelback breweries

NNNNNNNOOOOOOO!!!!

Well, according to reports, Jeff Hunt, owner of the Ottawa 67's has been offered a job with the Golden Gate Company. This group was interested last year and this move can only mean one thing. He is offered the job to become team president when the Gades come back, and from the reports, he is seriously considering it.

that's better. :smile:

Here is the article...

67's saviour Hunt wooed to revive Renegades

Matthew Sekeres
The Ottawa Citizen

Wednesday, August 09, 2006

When Jeff Hunt purchased the Ottawa 67's in 1998, attendance was sagging and the Ontario Hockey League club had basically capitulated to the NHL Senators for the attention of city sports fans. In less than one year, however, Mr. Hunt doubled attendance and today, he has fashioned one of the most stable, and successful, franchises in major junior hockey.

Now, Mr. Hunt is seriously considering a new challenge: the Canadian Football League. The Citizen has learned that Mr. Hunt, known as one of the best sports marketing minds in Canada, has been offered a job by Golden Gate Capital Corp., one of at least three groups pursuing an Ottawa CFL franchise. Mr. Hunt would presumably take over the lead operational role in Ottawa, likely with the title of club president, and would be the chief spokesman for the business side of the franchise.

"I'm wavering somewhere between soul-searching and thinking 'what would I do'," with a football team, Mr. Hunt said when reached yesterday. "I don't want to put odds on it. We're still in the process of talking, but obviously this week, things are heating up because of the deadline."

The CFL has asked prospective ownership groups to submit a written expression of interest by Friday. The submissions are to be detailed, according to Calgary Stampeders president Ted Hellard, chairman of the league's franchise committee, including plans for a management team.

Yesterday, Anthony Primerano, a former chief of staff to three cabinet ministers, who is leading the Golden Gate bid, refused to comment on his pursuit of Mr. Hunt. The wooing dates back several months, however, and has tempted the Newfoundlander, who has declined previous CFL overtures.

"I was very impressed with the calibre of individual I met with and their approach," said Mr. Hunt. "Obviously, the potential to play some role in a successful football revival in Ottawa has intrigued me. As you know, I've had some firm ideas of what happened in the past."

In April, Mr. Hunt wrote an op-ed piece for the Citizen in which he revealed strategies for marketing the now-defunct Renegades. He advocated appealing to young families, including cheaper tickets for children, and to mothers -- a stark contrast to the testosterone-filled marketing efforts of both previous football ownership groups.

"I personally found it frustrating to watch what went on. I was a season-ticket holder for years," said Mr. Hunt. "Football deserves a better lot than what it has had. And the fans deserve a better product than what they have gotten."

Securing Mr. Hunt, 42, would be considered a grand slam, not just for Golden Gate, but also in the eyes of the CFL. His credibility in the city is rock solid and his ticket-selling aptitude is unquestioned.

Attendance went from 2,200 to 5,000 per game in Mr. Hunt's first year with the 67's and has climbed every year since. Last year, the team averaged 8,800 per game. He was also part of the team that put together a successful bid for the 2009 World Junior Hockey Championships.

Mr. Hellard has said that the franchise committee is more concerned about who would operate the new Ottawa team, as much as it is who would finance it. In this case, Mr. Hunt's only role would be operational; he has not been asked to invest.

"The question is: How do I marry it with keeping my focus on the hockey team?," Mr. Hunt said. "Right now, I wake up thinking about the 67's, and I go to bed thinking about the 67's. But I guess this is D-day week. I have to decide whether I formally get involved with these guys."

The Renegades were officially "suspended" by the CFL in April. Almost immediately thereafter, the league struck a franchise committee with the specific goal of returning to Ottawa, preferably for the 2007 season.

At least two other groups have also signed confidentiality agreements with the league, suggesting that they are also interested in a franchise.

One group comprises eight to 10 American investors and is fronted by former CFL player Bill Palmer, the father of Ottawa-raised quarterback Jesse Palmer, who is currently with the NFL's San Francisco 49ers. The other is led by Toronto food-and-beverage entrepreneur Frank D'Angelo.

© The Ottawa Citizen 2006

Meager the Golden and Palmer groups, and you got yourself an ownership.

Not a good idea, you have to remember the Glieb's owned 51% of the 'Gades with another guy, and he didn't want to pay his share of debts.

Just like previous management with Brad Waters, again he was minority owner within a group...all we need is 1 owner !

Not 25 of them !

Doubt that.

For one thing, Kulka broke this story last week and he didn't ID any of the potential owners except to say they had local component. There's nothing local about D'Angelo.

The same day Bill Palmer was revealed to be front man for US group.

Now, today, we hear news that Jeff Hunt has been approached by one of the third group, Golden Gate to be the team prez.

Besides, the League has set Friday as the dealine for all groups to put forth all their plans inc who they intend to have running the operation.

Until they have had the time to go thru all of that and other related "due diligience" no one can say that any group has been approved or that it's done deal.

XGamer is dead on.

This is why I don't think League wants a group of several investors. That's never been their preference for owners. And with them all being American and thus not locally involved, it would give them that much more reason to look elsewhere --- unless there was a compelling reason to choose them.