Toronto Businessman Michael Andlauer Takes Helm of Ottawa Senators

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The Ottawa Senators, after months of rigorous competition and extensive paperwork, are now under the proprietorship of their new owner, Toronto businessman Michael Andlauer. The National Hockey League’s Board of Governors sanctioned Andlauer’s purchase, transitioning control of the club to him, a fact that was publicly announced on Thursday evening.

Honored to be an integral part of the Ottawa Senators Hockey Club, a distinguished organization, Andlauer recognized its contribution from players, employees, and above all, the fervent fan base. With excitement permeating his family and himself, they are enthusiastic about their official association with Ottawa’s team and the broader Ottawa-Gatineau community.

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Andlauer extended his gratitude to the NHL and the Melnyk family for entrusting him with this opportunity to guide a remarkable franchise into the future. Acknowledging the contributions of his equity partners and transaction advisors who enthusiastically share his vision for bolstering both on-field and off-field triumphs for the National Capital Region, he expressed his appreciation.

In a grand unveiling last June, the Andlauer-led consortium emerged as the preferred bidder to acquire both the franchise and the Canadian Tire Centre. The buying group secured a 90 per cent stake in the club while late owner, Eugene Melnyk’s daughters, Anna and Olivia, maintained a 10 per cent vested interest through their father’s estate.

The outgoing Chairman and Governor of the Ottawa Senators, Sheldon Plener, expressed his confidence in Andlauer’s leadership. Commending his unyielding passion and devotion to excellence, Plener believes Andlauer is well-positioned to achieve great things for the entire National Capital Region and is proud to witness him navigate this franchise into the future.

Andlauer is anticipated to address the media at the Canadian Tire Centre in the forthcoming day.