Bathgate wrote:This should be of high concern to the Pens for marketing reasons. They should not allow the Youngstown area to become a hockey desert. It is relatively close to Pittsburgh, easily drivable both ways for attending Pens' home games, even on weeknights. It is within the Pens’ market region and within the Root Sports viewing area and the city currently has a station on the Pens’ radio network. The Youngstown Metro Area has the largest population by far of any metro area within the Pens’ market region outside of the Pittsburgh Metro Area. It has more population than Winnipeg’s metro area.
Here in NJ the rinks chnage hands often, and file for protection from debt, reorganize debt structure, etc. None ever close outright. There are always new owners to be found and it seems eventually they end up being marginally profitable after debt load is reduced and they are established with a few youth programs as consistent revenue streams.
If the facility is nice, are there no new ownership groups willing to step in at a reduced price?