Nov 29 (Reuters) -
* Coliseum Capital Management says it is in discussion with a party related to potential transaction involving Performance Sports Group Ltd PSG.TO - SEC filing
* Coliseum Capital says the party is the purchaser under asset purchase agreement that Performance Sports Group entered in connection with its restructuring process
* Coliseum Capital says Performance Sports Group's financial advisor has provided Coliseum with necessary consent to commence discussions with an affiliate of one of the co-owners of the purchaser
* Coliseum Capital Management owns 9.5 pct stake in Performance Sports Group Ltd Source text: Further company coverage: PSG.TO