St. Louis Blues reportedly make ownership change ahead of 2024-25 season
The St. Louis Blues have reportedly made an ownership change ahead of the 2024-25 season.
In the last few years, we've seen changes in team ownership including with the Ottawa Senators, who were purchased by Michael Andlauer and the Nashville Predators, who, as of 2022, are primarily owned by former Tennessee Governor Bill Haslam.
Now, it looks as if the St. Louis Blues are latest team to make a change to their ownership group, according to David Pagnotta of The Fourth Period.
In a post on social media on Thursday morning, David Pagnotta reported that the St. Louis Blues have sold a partial ownership interest to Michael W. Rinley, who founded and is the Managing Director of QRM Capital, an investment firm.
Despite the Blues' lack of success on the ice in recent years, they've still managed to fill the seats on a nightly basis, which is a big positive for the team's ownership given ticket sales are such a big revenue source. Last season, the Blues had an average attendance of 18,084, which was their highest since the 2019-20 campaign.
The Blues' ownership group is hoping that the team will be able to turn things around on the ice relatively quickly after missing the Stanley Cup Playoffs in back-to-back seasons for the first time since 2009-10 and 2010-11.
Source: St. Louis Blues
Blues announce transfer of partial ownership interest
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JUILLET 18 | 92 ANSWERS St. Louis Blues reportedly make ownership change ahead of 2024-25 season Will the St. Louis Blues make the Stanley Cup Playoffs next season? | ||
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