This is the argument that I am puzzled over. I'm obviously not as wealthy as the owners are but still relatively well off.
If someone with a net worth of $5 million has no issue spending $250K on a new Ferrari, a depreciating asset that will one day be worth $0.....then why would Flames ownership who have probably a combined net worth over $5 billion have an issue spending $250m on a new stadium.... it's pocket change to them.
The ratio of 5% is the same...I just don't get it. If I was worth $5 billion and hockey was truly my hobby, I would just spend the money without a care and build a new stadium.
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