Quote:
Originally Posted by Bunk
They've yet to present a proposal to the City. There's been talk over many years, but very little concrete.
They could simply build it - what, their billionaire owners cannot afford it?? Their wealthiest of the 6 owners by himself could bankroll the arena on just the increase in his net worth from 2013-14 (~$400m).
http://www.canadianbusiness.com/list...-2014-ranking/ |
I don't know anything about the arena finances, so I won't comment on that. Just don't assume that because there's no 'formal' proposal to the City yet, or that there's no news, that nothing is going on. Projects of this magnitude have many factors playing into it, often including unknown timeframes for various issues.