Darin Pastor, the chief executive of wealth management firm Capstone Affluent Strategies, has formed a committee as part of an effort to buy the National Hockey League’s Phoenix Coyotes.

If Pastor acquires the franchise, it will remain headquartered in Glendale, Ariz. The purchase would need to be approved by the NHL’s board of governors.

Canadian financier George Gosbee is also reportedly part of an investor group that is looking to scoop up the team for around $170 million. Gosbee is the chief executive of advisory firm AltaCorp.

The Phoenix Coyotes went into bankruptcy in 2009 while it was owned by Jerry Moyes. Since then, it has been operated by the NHL. The franchise sought bankruptcy protection after it was moved to Phoenix from Winnipeg, Canada. 

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