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Landing European owners a significant move

Updated: March 22, 2005, 6:29 PM ET
By Scott Burnside | Special to ESPN.com

The World Hockey Association continues to edge closer to rebirth.

The league confirmed Tuesday it will hold a six-team, high-stakes tournament in late May at General Motors Place, home of the National Hockey League's Vancouver Canucks.

Additionally, ESPN.com has learned that a group of eastern European investors is interested in buying 49 percent of the WHA and owning one of the fledgling league's top North American franchises when play begins next fall.

It's expected the European ...

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