The Atlanta native and Los Angeles based filmmaker who recently expressed interest in purchasing majority ownership of the Thrashers is not one of three groups currently doing due diligence about a possible investment in the franchise.
Atlanta Spirit co-owner Bruce Levenson and team president Don Waddell told the Atlanta Journal-Constitution on Thursday that Stephen Rollins has not made an offer to purchase the team. He is also not one of three groups working with an investment banking firm to invest in the Thrashers. Levenson said earlier this month he expects the process with the three current groups to be completed within 90 days.
Rollins, the head of Lightning Pictures, told the AJC that he is part of a multi-city financial entity with members in Los Angeles, Atlanta, New York and London that was put together to purchase a majority interest in an NHL team. He said several of the investors are from Atlanta.
“If the opportunity would present itself for me to participate