Balsillie question unanswered

JONATHAN HUNTINGTON -- Sun Media

, Last Updated: 8:59 AM ET

The mystery surrounding Jim Balsillie and a link to the Edmonton Investors Group is deepening.

The attempt made by some members of the EIG board to contact the Ontario billionaire didn't get very far according to a Sun Media source.

"There was no contact made with Jim," said a person within Balsillie's inner circle.

The source would not elaborate any further as Balsillie is clearly trying to keep a very low profile on NHL-related matters.

On Monday a different source told Sun Media of the attempt to contact Balsillie by some members of the EIG board - those clearly not supporting Daryl Katz's bid to buy the NHL franchise.

With yesterday's one-line response from Balsillie's camp, there are questions unanswered. Was the attempt to contact Balsillie shot down by somebody in his camp, ensuring no direct contact was made with the billionaire who has made separate attempts to purchase both the Pittsburgh Penguins and Nashville Predators?

Did the attempt to contact him even reach the right people in his business empire?

After failing twice to buy an NHL team, is Balsillie even remotely interested in buying any portion of a pro hockey team?

With Bill Butler and Gary Gregg - key members of the non-Katz supporters within the EIG - keeping quiet in public, there are certainly more questions than answers.

What is clear is that Katz is closing in on a deal to buy the team for a reported $200 million.

At last word, he had secured pledges for at least 60% of the team's 7,492 shares.

With Katz's small group of opponents within the EIG unable to bring forward money to change the tide and get a majority stake, many expect the deal to close by Feb. 5.


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