Investors come together to keep Rocket in P.E.I.

The Canadian Press

4/27/2013 3:35:08 PM

CHARLOTTETOWN -- A group of investors has come forward to keep the P.E.I. Rocket hockey team in Charlottetown.

Trent Birt, the team's vice-president of operations, says the deal came together Friday.

Birt has been working with other team officials to bring potential investors to the table since the Savard family received an offer to buy the team from the Quebec Major Junior Hockey League.

The members of the new group were not revealed, but Birt says they have a passion for the game and showed their commitment to the city.

The Rocket was created in 1999, moved to Charlottetown in 2003 and has gone through a string of losing seasons marred by red ink.

Last week, the Savard family announced there was an offer to buy the team for around $3.5 million, but wanted to give Islanders an opportunity to keep the team in town.

(Charlottetown Guardian)