Quote:
Originally Posted by polak
No, they're down because there's too much supply with more supply coming online as technology advances.
They'll keep playing in the Dome until they no longer can instead of selling either the team or their assets.
Deny it all you want, I seriously doubt these guys want to be more invested in this oil economy than they already are. Hence why they're requesting that the government eats some of the risk as well.
Crazy notion.
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I haven't been following this thread so apologies if I'm missing your point Polak...
Is your concern that the flames ownership group don't want any more exposure to the economy in Calgary / Alberta and this will hinder the development of the new arena?
Does that not conflict with the move by Murray Edwards / CNRL last week? Looking at his portfolio it appears Edwards is all in on the future of Alberta. While the rest of the energy sector is taking the diversification route Edwards seems content to take on as much exposure to the local market as possible. The new stadium in Calgary will cost the ownership group a fraction of the outlay on the Shell Assets purchased last week.
While I personally thought the CalgaryNext project wasn't presented as professionally and slickly as it could have been we have to accept that there is a large amount of posturing from all stakeholders right now. One thing I'm not concerned with is the commitment of our ownership group to the local area and economy.