Quote:
Originally Posted by rubecube
My position is that the city shouldn't be handing out money to for-profit enterprises unless they provide a tangible and necessary benefit that the majority of the public can access if they want to. The difference between the a new arena for the Flames and a rec centre or a swimming pool is that the rec centre provides tangible health benefits, and all money made goes directly into maintaining the rec centre or producing new ones.
|
KK has said that the Owners have never taken dividends or a withdrawal on profits in the entire history of the club. Not that they couldn't, but they haven't. Money is reinvested into the club similar to what you are describing. Certainly the hot dogs and beer are not health benefits though!