Quote:
Originally Posted by Tinordi
Basic point: we're the flames privately financing the 250 million for the ticket tax they would have said so because the deal looks a lot better for the taxpayer that way. The fact that they didn't should be all you need to understand where they're hoping the finance comes from.
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Obviously the Flames would love to have the $250 million come off the city's line of credit. Several people have already offered various reasons why. But the fact remains - and which you are conveniently ignoring because it hurts the narrative that you want to present - is that King also specifically mentioned conventional corporate lenders as an option for that portion of funding as well. In short, King strongly implied that if the city says no to fronting the money to be paid by the ticket tax, the Flames will just go private with it. But it isn't their first choice.