© Nancy MacPhee/Journal Pioneer
It appears the Summerside Western Capitals will be under a new ownership group heading into the 2013-2014 season, as a new group has struck a deal with owner George Roberts, pending league approval.
SUMMERSIDE – A new ownership group says it has struck an agreement with longtime Summerside Western Capitals owner George Roberts to purchase the team.
Capitals general manager Pat McIver called it a “deal in principle,” stating it is still hinging on league approval.
“It shouldn’t be an issue though,” he said. “I’m not worried about that.”
Roberts would not confirm or deny the deal, stating he had no comment until after the long weekend.
Roberts has been an owner of the team since he purchased the team along with a group on June 16, 2000. After other members of the group, Powerplay Entertainment Inc., fell by the wayside, Roberts remained on as owner.
Under his ownership, the Capitals have won three league championships, and were finalists in the 2013 RBC Cup on home ice.
McIver spoke to the Journal Pioneer on Friday afternoon strictly as general manager, as he is no longer a part of the local ownership group, which has been rumoured to be close to a deal for weeks.
“It wasn’t a good idea to have part of the hockey staff as part of the ownership group, and I agreed with that,” he said.
The news comes seven days after McIver said the group’s internal issues hindered finalizing the sale, rather than negotiation problems with Roberts.
Maintaining investors was a tough job, with some dropping out after having second thoughts.
The final group will wait until league approval to release names of individual investors.