Balsillie statement on court hearing

    TORONTO, May 19 /CNW/ - The following statement was issued by Jim
    "This case offers many competing claims and testimony for the court to
consider. I appreciate the court's careful consideration of the facts at hand
and I respect Judge Baum's decision to recommend mediation for the Coyotes and
NHL on the issue of current ownership. I also respect his decision to hold a
June 22 hearing on the relocation issue."
    "But let's be clear, I am moving forward. I have tabled a comprehensive
and attractive offer. I will also be filing formal applications to the NHL
both for transfer of ownership and for relocation to Southern Ontario to my
chosen Hamilton Copps Coliseum venue. I am being open and transparent about
this as I've been from the beginning. My Hamilton proposal, drawing on the
world's best hockey fans located in the fourth largest urban region in North
America, meets all the conditions for a successful NHL franchise."
    "Nothing has changed in terms of my bid to bring a seventh NHL team to
Canada, to the best un-served hockey market in the world. Momentum continues
to build through our website, I ask all hockey fans to
continue to let their voices be heard."

For further information:

For further information: MEDIA CONTACT: Bill Walker, Veritas
Communications, (416) 482-2248,

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