Hockey
The NHL Pittsburgh Penguins officially announced a change of ownership.
Kris Letang, Sidney Crosby and Evgeni Malkin / Photo: © Justin Berl / Stringer / Getty Images Sport / Gettyimages.ru
The National Hockey League (NHL) Pittsburgh Penguins announced on its official website a final agreement to buy out a controlling stake in the franchise.
The new owner of a controlling stake in the team will be the American investment company of the Hoffmann family. The former owners of Fenway Sports Group agreed to sell the club, the deal must then be approved by the NHL.
“Our goal is to return the Penguins to the top of the NHL. We look forward to working alongside our already exceptional leadership team, strengthening our connection with Penguins fans and ensuring that the franchise remains a source of pride for the city for generations to come. “Hockey has always been an important part of our family’s history, so this is an incredibly valuable opportunity for us,” the Pittsburgh press service quotes Hoffmann Family CEO Jeff Hoffmann.
The Pittsburgh Penguins are five-time Stanley Cup champions, but the team has not made the playoffs in the last three seasons. In the current regular season, the Penguins are in 12th place in the Eastern Conference, scoring 37 points in 33 games.
Source: Sportbox
I’m a sports enthusiast and journalist who has worked in the news industry for over 8 years. I currently work as an author at Sportish and my work focuses mainly on sports news.