Quote:
Originally Posted by Slava
Is it the size of the market that we're concerned about though? The Flames have no problem selling tickets last I checked and this is one of the healthiest markets in the league. Just because these places are larger (despite the fact that this stadium in London is not the "one" place to watch football), doesn't mean that we have no option other than public funding.
And this morning, hearing from Brett Wilson just makes me realise the sales pitch that we're getting here. Now the new event center is going to be worth $1.5bn in 35 years and the city gets that today for the low low price of $275m It's incredible really how generous these people are to the city. We all know, if that was actually the case and actually an amazing deal, private money dive in an invest the cash. It's not though, so they aren't.
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With that kind of return Brett should finance it himself!
EDIT:That's about 5% growth over 35 years. Not great, but not bad. Unfortunately it ignores the fact that, like the Saddledome, that's not how it works.