Michael Andlauer to become new owner of the Ottawa Senators

A group led by Toronto billionaire Michael Andlauer will become the new owner of the Ottawa Senators. Farm Boy co-CEO Jeff York confirms to CTV News Ottawa that he is part of a local group that will be part of the ownership.

The Malhotra family confirmed to CTV News Ottawa that the family, owners of Claridge Homes, are also part of the ownership group.

The board of directors for Senators Sports and Entertainment announced on Nov. 4 that a process had been initiated for the sale of the club and Canadian Tire Centre. A condition of the sale would be that the team remains in Ottawa.

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