Quote:
Originally Posted by RM14
When they sell their ownership there will most likely be a capital gain but their personal bank accounts are very seperate from the Calgary Flames bank accounts.
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I used the term 'bank accounts' metonymically to refer to the cumulative net worth of the ownership group of Calgary Sports and Entertainment Corporation (CSE). This net worth is affected positively by the revenues generated by its various interests, which include the Calgary Flames hockey club.
Do you have any evidence that the CSE pays no dividends to its owners?