MHL's St. Stephen Aces to relocate to Fredericton

The Fredericton Red Wings are back.

The Maritime Hockey League (MHL) announced Monday that the St. Stephen Aces franchise has been sold to Global Centre Ice Inc. and will be moved to the New Brunswick capital for the 2019-20 season.

Members of the proposed ownership group met with the league's Board of Governors in early March, after which the sale and transfer was approved unanimously.

The announcement was made official at an event yesterday at Grant-Harvey Centre, where the team will play out of this fall.

Roger Shannon, president and co-owner of the Red Wings, says they're excited to bring Junior A hockey back to the area and can't wait to get started building on the tradition of Red Wings hockey.

Shannon is one of eight people from across North America who make up the ownership group.

In a statement, Charlotte County Hockey Club Inc. said, "The Club, incorporated as a not for profit organization in 2013, has operated on a deficit budget from the very beginning and while efforts were made over the past couple of years to find new sources of revenue to support the team, those efforts met with very limited success."

Chairman of the Board/MHL President Dave Ritcey says the decision to relocate a franchise is never easy, but there's excitement about entering the Fredericton market.

The Aces joined the MHL for the 2014-15 as the County Aces and changed to their current team name in time for the 2016-17 season.