[nik-]

Originally Posted by Resolute 14

I think there are a lot of reasons why Phoenix is unlikely to be profitable any time soon, if ever. But if those with money want to try, more power to them.

However, the team's current attendance woes are completely a function of the Balsillie/Moyes bankruptcy scam and the long-term fall out:

2006-07: 14,988
2007-08: 14,820
2008-09: 14,875
---Bankruptcy ploy---
2009-10: 11,989
2010-11: 12,188
2011-12: 12,420

Balsille and Moyes critically damaged the market with their antics. The question is whether that damage is permanent, or if it can recover. But the plain reality is, no recovery is possible without stable ownership.

If they were selling out they'd still be losing 22 million a year.