The Saskatoon Blades have officially been sold to Edmonton's Mike Priestner.

The WHL Board of Governors unanimously approved the transfer of ownership from the Brodsky family to Priestner and Priestner Sports Corp.

"Given his highly successful career in the automotive industry, we are confident Mike Priestner is capable of meeting our expectations as the new owner of the Saskatoon Blades franchise," Ron Robison, WHL Commissioner, said in a news release issued Wednesday. "Mike is committed to doing whatever is necessary to maintain the storied tradition of the Blades in the Saskatoon community."

Members of the Brodsky family, including Jack Brodsky, had owned the Blades since 1976.

Priestner recently reached an agreement with the Brodsky family to purchase the team. Priestner is the owner of Go Auto, an Edmonton based car dealership.

The value of the sale between the Brodsky family and Priestner was not released.

The Blades said an event, set for Thursday afternoon in Saskatoon, would formally introduce Priestner as the new owner of the club.

The Blades play their first pre-season game Wednesday night in Swift Current.