The city of Trois Riviere, Quebec has taken steps to recover the debts owed should the sale of its hockey team fail.
The deadline for the completion of the sale of the Trois Rivieres Lions, owned by Deacon Sports & Entertainment to LSE is fast approaching.
The city of Trois Rivieres is poised to cash a $650,000 dollar bank guarantee provided to the team and is taking steps to recover all debts owed to it – a total of $1.1 million dollars – if the sale of the team falls through.
In a response to VOCM News, the city says it is still waiting for the ECHL’s position after the April 2nd deadline. Until then, the city is preparing for any eventuality – and is focused on protecting the interests of taxpayers.
The city says it will be able to say more about the future of the team after April 2nd.