REPORT: ISLANDERS OWNER WANG IN TALKS TO SELL MAJORITY STAKES

New York Islanders owner Charles Wang is talking to potential buyers about selling the majority of stakes in the NHL franchise, TSN Hockey Insider Bob McKenzie reported late Thursday night.

The franchise loses an estimated $10 million per season and it has been reported that Wang and the Islanders face a $75 million loan repayment at the end of this season.

http://www.tsn.ca/nhl/story/?id=447590

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