Aquilini Family Reportedly Buying Out Vancouver Canucks Part-Owner and Brother After Resignation
Photo credit: The Athletic
The Vancouver Canucks' ownership group is reportedly set to buy out Paolo Aqulini, the brother of Francesco Aqulini, who announced his departure in early May.
After a season full of drama on and off the ice, including a reported feud between Elias Pettersson and J.T. Miller, it looks like the offseason could be the same for the Vancouver Canucks.
Earlier this spring, reports circulated, and were quickly denied, that the Vancouver Canucks' ownership group were looking to sell the team, and just two days later, Francesco Aqulini's brother Paolo resigned from his position with the club.
Vancouver Canucks' ownership group set to buy out Paolo Aquilini before 2025-26 season
This week, during an interview with Sekeres and Price, Cam Robinson of Elite Prospects shared that the Vancouver Canucks will need to come up with the money to buy out Paolo Aquilini at some point in the next few months and it could lead to the Aquilini family selling off other assets.
Aside from the Vancouver Canucks, the Aquilini family also own two golf courses, 48 Pizza Hut's in British Columbia and nine hotels across Canada, including three in Montreal and five on the East Coast.
"We know that they need to come up with a whole bunch of money to buy out Paolo. And we know that the decision-making isn't going to be moving from Francesco anytime soon. They are looking to sell off some assets." Robinson said.
Robinson's reporting lines up with what Frank Seravalli of Daily Faceoff said earlier this week, with the insider also noting that the Aquilini family are hoping to get things wrapped up before the start of the 2025-26 season in October.
"There is an ongoing battle behind the scenes right now between the Aquilini family. It's not over control of the team because Francesco is going to maintain that...They have to buyout Paolo. It has been ongoing. Probably wont get settled until the start of the season." Seravalli said.
The Aquilini Investment Group purchased a 50 percent stake in the Vancouver Canucks and their arena back in November 2004 and just two years later, bought the remaining 50 percent for full control of the team.
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JUIN 19 | 1793 ANSWERS Aquilini Family Reportedly Buying Out Vancouver Canucks Part-Owner and Brother After Resignation Do you think the Aquilini family will still be owners of the Vancouver Canucks five years from now? | ||
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