Quote:
Originally Posted by valo403
Quite the leap there. If the company that financed the arena was unable to operate it for a profit and had to sell at a loss then no, it's not solvent. I have no idea if that's the case, but mere existence does not equal solvency, particularly if you just ignore intervening events.
|
What's a leap is saying that privately financing your building is a bad idea because Molson sold the building and the team and then re-bought it again ten years later.