Quote:
Originally Posted by simmer2
I read your post multiple times and I cannot for the life of me follow your logic of how you came to 381.38M as their offer.
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I took the % of CSEC operation (based on revenue) that would be housed in a new arena (basically everything except the Stampeders). So the revenue for Flames + Hitmen + Roughnecks and guesstimated (conservatively I might add) it to be 84.75% of CSEC total revenue. I then compared it to their initial offer on CalgaryNext (450M) 450 x .8475= 381.38M.
381.38M isn't their offer... but based on CalgaryNext it should be. That it isn't indicates to me that they're hung up on getting "The Edmonton Deal" which boils down them getting taxpayers to take a loss of 50% (or more) of the total project value.