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Sansone Jr. Looking Into Joining Barrie As Lightning Owner
Published August 24, 2009
|Sansone Jr. May Soon Join
Barrie As Lightning Owner
TOO LITTLE, TOO LATE? The GLOBE & MAIL's David Shoalts cited sources as saying that Barrie is "likely to throw in the towel on his one-year run as co-owner ... next Saturday, clearing the way" for Koules to take over. It "looks as if Barrie has to drop out before his September deadline because he is fighting to save" his B.C.-based Bear Mountain Golf Resort & Spa. Barrie "needs to work out a new financing deal" on the development, as he and his investors have been "whipsawed by falling prices and the drying up of bank credit" (GLOBE & MAIL, 8/22).