On May 31, 2011, True North Sports & Entertainment and the NHL held a press conference in Winnipeg to announce the completion of a deal to purchase the Thrashers. True North intended to relocate the team to the MTS Centre in Winnipeg on June 21, 2011 to become the revived Winnipeg Jets. Both the sale and relocation of the team were formally approved by the NHL's Board of Governors. The Atlanta Spirit Group, however, retained the rights and logos for the Thrashers.