Two former unsuccessful bidders are back in the picture to purchase the Phoenix Coyotes, according to theĀ Arizona Republic/Phoenix Gazette.

Canadian marketing professional Anthony LeBlanc and Chicago financier Matthew Hulsizer are looking to head the group which will likely include five or six investors. LeBlanc will be the head of the syndicate and if successful, they will keep the team in Glendale. “We continue to explore what the options are,” LeBlanc said and also stating it is still early in the process. “This time around, while I don’t actually know this will be the case, I think the league is going to take a much more involved role in discussions with the city. So I’m kind of seeing what the league’s coming to this time, before we really get ourselves too engaged.”

Subscribe to NHL Trade Report updates on Facebook, on Twitter, by Email, or RSS.