Glendale responds to Coyotes bankruptcy
by Brandon Donahoo/KTAR (May 5th, 2009 @ 8:26pm)
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GLENDALE, Ariz. - The city of Glendale has released a statement in response to the Phoenix Coyotes filing for bankruptcy.
In the statement they said the decision of the Coyotes to initiate bankruptcy without consultation or approval of the NHL is an unfortunate event for the NHL, Arizona and the Coyotes' loyal fans.
They also said as this unprecedented action is being thoroughly investigated by the NHL and that city officials are working to ensure that the public's interest is fully protected.
The city appreciates the decision by the NHL to assume control of the Coyotes.
It is their hope that the actions by the NHL will provide immediate stability to the franchise and allow the Coyotes to remain an important part of the Arizona Community.
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