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oldschoolcalgary · 03-29-2017, 10:39 AM

the leases is katz, but its not like they weren't paying lease money to Rexall, as far as i know... so the Oilers would have had to pay someone anyways... not really a hardship...i'd be like getting my parents to buy me a new car, but i would pay for the gas and insurance, no?

i stand by my feeling that if public money is invested, i would want some stake in the team...

this minor stake wouldn't have any power on operations, but really would only trigger if the Flames want to move to another city....Once the public funds are paid out (ie the arena is paid out and in the black) then the minority stake would revert back...

its basically insurance that the City isn't left with a white elephant like Glendale or STL

03-29-2017, 10:39 AM	#34
oldschoolcalgary Franchise Player Join Date: Dec 2005 Exp:	the leases is katz, but its not like they weren't paying lease money to Rexall, as far as i know... so the Oilers would have had to pay someone anyways... not really a hardship...i'd be like getting my parents to buy me a new car, but i would pay for the gas and insurance, no? i stand by my feeling that if public money is invested, i would want some stake in the team... this minor stake wouldn't have any power on operations, but really would only trigger if the Flames want to move to another city....Once the public funds are paid out (ie the arena is paid out and in the black) then the minority stake would revert back... its basically insurance that the City isn't left with a white elephant like Glendale or STL Last edited by oldschoolcalgary; 03-29-2017 at 10:43 AM.