Thrashers in urgent need of investor

Dustin Byfuglien of the Atlanta Thrashers celebrates his goal in the first period of action between...

Dustin Byfuglien of the Atlanta Thrashers celebrates his goal in the first period of action between the Toronto Maple Leafs and the Atlanta Thrashers at the Air Canada Centre in Toronto February 7th 2011. (Dave Abel/QMI Agency)

QMI Agency

, Last Updated: 12:23 PM ET

The co-owner of the Atlanta Thrashers says there is a ‘sense of urgency’ to find investors or a buyer in order to keep the team in Atlanta.

If that doesn’t happen soon, the franchise could be sold and moved to another city.

“If we are faced with that as the only alternative, that’s what is going to happen,” Atlanta Spirit co-owner Michael Gearon told the Atlanta Journal-Constitution.

“I don’t think there is an ability to stomach another $20 million in losses.

“The reality is we need fans showing up and we need investors, or a primary investor.”

Both Winnipeg and Quebec City are interested in obtaining an NHL franchise. Winnipeg has an NHL-ready arena, while Quebec City is planning on building a $400 million NHL-calibre arena.

The Thrashers are currently 29th out of 30 teams in NHL attendance.


Videos

Photos