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BETTER WATCH OUT: LOCAL GROUP IS COMING FOR NHL OILERS
Published December 19, 1997
Local suitors for the NHL Oilers "are gathering momentum, but they're not ready to throw their weight behind a new offer" for the team before Christmas, according to Jac MacDonald of the EDMONTON JOURNAL. Two more have joined a local group interested in the team, as Gary Gregg, brother of former Oiler Dr. Randy Gregg, has joined along with local business exec Art Michalcheon. The group's spokesperson, Cal Nichols, said it won't make any bid soon, but instead will "devote its time to gathering more investors and more money." Meanwhile, another Oilers suitor, Rockets Owner Les Alexander, said that he is scheduled to meet with NHL Commissioner Gary Bettman today about his interest in acquiring an NHL franchise (EDMONTON JOURNAL, 12/19).