NOW Charles Wang doesnt want to own the Islanders

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For years New York Islanders fans have wanted Charles Wang to sell the franchise. They might soon get their wish.Bob McKenzie of Canada's TSN.ca reported Thursday night that Wang is willing to Carlos Correa Jersey relinquish control of the team he has owned in whole or in part since 2000.NYI owner Charles Wang in talks to sell Roy Oswalt Jersey majority stake in NHL franchise. Nothing done yet, no telling if it gets done, but talks underway. Bob McKenzie (@TSNBobMcKenzie) Curious. The club is a year away from playing out its lease at outdated Na sau Veterans Memorial Coliseum in Uniondale, N.Y., and moving to Barclays Center in Jose Cruz Jersey Brooklyn, home of the NBA's Nets. Does Wang not see a bright future for his team there?Or, is Wang in such bad financial shape that he needs to sell? TSN.ca notedthe team reportedly is losing $10 million a year and Wang reportedly has a $75 million loan payment due after this season.The Isles have enjoyed little succe s since winning four consecutive Stanley Cups from 1980 to 1983. They've made the playoffs twice in Roberto Osuna Jersey Wang's nine seasons as principal owner. They will mi s the postseason again in 2014 and could finish last in the Jeff Bagwell Jersey Eastern Conference.Wang, meanwhile, has seemed content to run a salary-floor team at least until the move to Brooklyn. New York's payroll is 29th in the league, according to capgeek.com.

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