Quote:
Originally Posted by Scary Eloranta
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I think what we are about to see is a very carefully crafted process of playing good side and bad side.
The way the article makes it seem as if Nenshi isn't on board and the Flames haven't done their homework.
Does anyone really believe that these sides haven't been working behind the scenes for a few years to get this project done? I suspect in about 10-12 months after the report to council comes back is when we are going to see the project "go off the rails" and then the ownership group will probably chip in with more equity on their end to somewhere like $275 mil. After that we are going to see a final vote to get the shovels in the ground the following Spring of 2017.
This whole fiasco just smells of some interesting bull sh** coming from both sides.
As a disclosure I am in favor of a new arena and stadium but I do think a bigger portion of it should come from the owners who will benefit the most from this deal FINANCIALLY. Lots of debate regarding different aspects of the project but in the end with a lifespan of 35+ years this combo of arena and stadium will be providing the ownership group multiple billions of dollars in revenue for their business. Its their responsibility to make adequate investment to protect their business units now and in the future.