Quote:
Originally Posted by Steveyoto
So let the City build an Arena with an operating partner and then lease the ice time to the Flames. The Flames will not get anything but a new arena, they will pay a huge lease, they will not operate the venue, they will not earn parking revenue, they will not have much control of the design/build. They will however have a "new Arena".... Which is not what they want, they want control. They at like they want a new arena, in reality they just want out from under the Stampede board.
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In this scenario the Flames owners also don't put up any of their money or assets into an arena.
It is one thing to expect lots of revenue streams if you think you are contributing $100s of millions of dollars. It is a completely different scenario when you don't have to risk anything.