Quote:
Originally Posted by Senator Clay Davis
And as I already mentioned, because Winnipeg and Edmonton are both no good and were idiotic, we should be too? Or maybe we should be like the actually good cities like Montreal and Toronto and Vancouver whose arenas were 100% privately financed.
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It's dangerous for the Flames to privately finance the building themselves given the size of this market. Most teams who have done this have ended up having to declare bankruptcy and/or sell the team and arena.
Toronto is the only team I can think of who hasn't had to do this. Among those who have: Columbus, Ottawa, Vancouver, Montreal.