SUN Hockey Pool

King rains on sale talk

RANDY SPORTAK -- Calgary Sun

, Last Updated: 9:04 AM ET

Calling the report unfounded and inaccurate, Calgary Flames president Ken King denied a rumour the team is about to submit a bid to buy the CFL Stampeders.

King spent much of yesterday shooting down reports by Sportsnet the club will offer a proposal to Stamps owner Michael Feterik as early as today.

"We will not be making an offer (yesterday), the next day or any time in the foreseeable future," King said. "In the event we are willing to do that, the first (people) who'd hear about it are the ownership group and then the Stampeders and, at this point, neither has been contacted."

According to the report, the Flames would join with an unnamed local group with a bid to be worth more than $4 million.

Feterik bought the Stampeders in 2001 from Sig Gutsche for approximately $4.5 million US.

In the past, the Flames have admitted such a move is intriguing, with strong potential for cross-marketing endeavours.

However, King has repeatedly said over the past couple of years a plan has never even reached a germination process.

"It's an interesting concept that may or may not get traction one day but ... for anyone to suggest it'll be today or tomorrow would be a gross exaggeration," King said.


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