From the globe and mail article posted 20 minutes ago:
"Calgary offered to pay for one-third of the arena, in equal instalments over a number of years, according to a source. The money would have to be paid back. The ownership group, according to this proposal, would cover another third of the total cost and surcharge on tickets would pay for the remaining third, the source said.
The Flames organization rejected the offer, the source said."
https://beta.theglobeandmail.com/spo...service=mobile