During Thursday's monthly membership luncheon for the, St. Louis Blues Vice Chairman Michael McCarthy told the audience that the sale of the team and related assets to minority partner Tom Stillman is "reaching the finish line."
McCarthy made the comment during a brief question and answer session following a scheduled presentation to highlight the organization's work to refurbish and reopen the Peabody Opera House, as well as to spotlight the team's rise under new Head Coach Ken Hitchcock.
The sale of the team and some of the related assets has been an on-again, off-again issue for years in St. Louis. McCarthy allowed Thursday that "there's some anxiety when something drags on this long."
ESPN.com is reporting that Stillman now has "exclusive bargaining rights" to negotiate a sale, and that he threatened to sue the National Hockey league over the process.
McCarthy would not talk specifics when asked by Patch after his comments to the Chamber audience, but told the crowd that Stillman's group "has made a lot of progress in the last week and a half and even in the last 72 hours so it seems like we’re going to have some closure on that."