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: [News]
Ken King: Flames' owners no longer pursuing new arena with City of Calgary
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09-13-2017, 12:02 PM
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GullFoss
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Join Date: Aug 2015
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Quote:
Originally Posted by
sureLoss
Calgary arena deal scuttled over tax exemption, recouping city investment: Sources
http://www.metronews.ca/news/calgary...g-sources.html
So the city was basically willing to put up the equivalent of $50m-75m via a loan that got repaid. The flames were looking for C$150-200m straight.
So the two sides are about $100-125m apart...
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