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Next Owner of the Montreal Canadiens will Likely Be...Updated 2:34

May 13, 2009, 11:40 AM ET [ Comments]
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Updates at the bottom...

For those of you who don't know who Graeme Roustan, CEO of Roustan Capital (Mergers and Acquisitions) is, he started "Hockey for the Homeless" back in 1992; a non-profit, charitable event that has seen very wide participation, he was a big part of bringing hockey to San Jose, and put his fingerprint on the sport (or at least it's equipment) with his purchase of Bauer Hockey in 2008, from Nike Bauer. He is also the Chairman of his own initiative: Roustan United Arena Solutions.

His name should be familiar as Renaud Lavoie of RDS mentioned Roustan's interest in acquiring the Montreal Canadiens, listing him as a potential suitor yesterday RDS here. A revelation that isn't entirely surprising, given Roustan's appearance on the original list of wealthy business men with ties to Montreal, in line to buy the Montreal Canadiens.

What has been revealed to me by an independent source, very close to the situation, is that Graeme Roustan has a deal in place to buy the Canadiens, pending approval, and that he will in fact be the next owner of the storied franchise, and of course the Bell Centre which comes with it.

Roustan Capital is based in the States, but Graeme Roustan was born in Sherbrooke, Quebec, and as reported by Lavoie, has ties to Pierre Boivin and others in the Canadiens organization.

Things should be come much clearer, possibly even by the end of the week, when the deal could be finalized.

When reached, Deputy Commissioner of the NHL Bill Daly said: "Sorry, We don't comment on potential club transactions."

More to come...









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