Balsillie stomps report

SUN MEDIA

, Last Updated: 3:12 PM ET

Montreal newspaper La Presse is standing by its story that Blackberry owner Jim Balsillie told the paper the Montreal Canadiens are for sale.

Both Habs owner George Gillett and National Hockey League commissioner Gary Bettman were quick to dismiss the story. Balsillie has since denied telling La Presse business reporter Sophie Cousineau that the team was on the block, as well.

Despite Gillett's protests, it's been widely reported that the Colorado businessman may have to sell his large stake in Liverpool of the England's Premier League after the Bank of Scotland asked him and co-owner Tom Hicks to restructure a $350 million loan.

Gillett's troubles have forced Liverpool to postpone plans for a new stadium.


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