Quote:
Originally Posted by Enoch Root
The numbers from Sports Illustrated (was it?) that were quoted in the lockout thread showed they were marginally profitable ($1M in the first year's numbers and $2M if I remember correctly in the updated year's numbers).
Feel free to demonstrate some fancy accounting or any other evidence that would support your view. Otherwise your post was nothing but a drive by trolling.
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You really think that sports teams can't and don't move money around to make it look like they make less than they do? That isn't trolling thought it was pretty common knowledge that you can move expenses and profits to different areas to make it look like the club isn't making as much as they actually do. I don't have the Flames books so can't show exactly where they do this but it isn't like I am saying they are doing anything out of the ordinary or wrong.
And if they are only making a million dollars with a full arena, solid TV deal, tons of advertizing revenue and solid merchandize sales then they are a horribly run business.