If listed, the company will first be delisted and taken private in order to allow either its capital structure or its operations to be restructured.

FORBES: Private Equity's Public Image Issues

Several responses are in order: First, while the contracts have, in fact, been registered, their structure has not escaped League notice: those SPCs (standard player contracts) are being investigated currently with at least the possibility of a subsequent withdrawal of the registration.

FORBES: The NHL: Where No Contract Is Safe