Miami Beach investor Jeff Greene announced today he no longer is interested in purchasing the Tampa Bay Lightning.
Greene issued this statement:
"After careful due diligence and a thorough analysis of the terms and economics of the deal, we have determined that this investment does not meet our criteria,'' Greene said. "At Florida Sunshine Investments, we are presented diverse investment opportunities here in Florida, throughout the United States and around the world. We looked at the investment in the Lightning like we look at any other potential investments, and after doing our final analysis, the numbers did not work for us.
"I want to thank the National Hockey League and the Lightning ownership for their courtesy during this process. I still think the franchise - and the Tampa Bay market - are an intriguing investment opportunity for the right owner. I wish the current ownership the best of luck.''
Stay with TBO.com for updates.
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