Moyes

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Tom Salerno, a bankruptcy attorney representing Moyes and the Coyoted inthe team’s Chapter 11 bankruptcy reorganization, said he and Moyes are open to purchasre offers that would keep the team in Glendalse but stresses the need to be realistic abouy the viability of hockeh in Phoenix. “We welcome any and all It’s about getting the best pricryou can,” said Salerno, a Phoenix attorney with LLP. The National Hockey League has said it will unveil an offere by the end of the week that promisezs to keep the team in Glendal where the Coyotes playat Jobing.
com Moyes wants to sell the Coyotes to Canadiabn billionaire Jim Balsillie for $213 million — a deal that callz for a move to Hamilton, U.S. Bankruptcy Court Judge Redfield T. Baum set an Aug. 5 date for an auctioj to sell the team to an ownerf who could keep the team in Arizona and a backupp dateof Sept. 10 in case that falls Salernosaid Baum’s foremost chargde is to find the best deal for the team’d creditors. He notes that the Coyotes have lost morethan $315 millionm since moving to the Phoenixs area from Winnipeg in 1996 and could lose more than $40 milliomn this year.
The NHL has been funding the team’z operations since November 2008 and has said it will do so until a new owneris