A Quebec City group has advanced to the third and what’s expected to be final stage of the NHL’s expansion bidding process.
Montreal-based communications giant Quebecor announced the development on its Twitter account on Friday.
A person familiar with the process told The Associated Press that the third stage involves the NHL reviewing the company’s business plan and revenue projections. If approved, the league would be in a position to award an expansion franchise as early as next month, the person added.
The person spoke on the condition of anonymity because the NHL has not provided details of the process.