Evidentally, Mr. Fingold has plenty of money, but there are "fundamental business issues" that are preventing the sale from going through. Perhaps those issues involve the future location of the Penguins?
The Trib gets quotes directly from Fingold:
The Post-Gazette merely indicates that there are business issues, though they also said that the Penguins are seemingly ready to pull out of the deal.
"There is plenty of cash but (there are) a few other issues I can't talk about yet," Fingold told the Pittsburgh Tribune-Review in an e-mail.
"All the equity is in place," he later wrote. "There are some business points that need to be worked out."
I'm guessing that if the Pens are ready to back out, either they're worried about Fingold's wealth level in terms of making the team viable, or the Pens think he wants to move the team.
Personally, I only care about two things:
- The team stays in Pittsburgh
- The owner has enough cash flow to keep the team near the cap - they're going to need it in the not too distant future.