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Originally Posted by Joborule
Yeah, there's just no way the CFL can pay back $150 million to pay back the loan they're asking for. The league doesn't make enough for theme to generate enough revenue to cover that cost, while covering expenses, and making a profit. A bailout is a more appropriate term
An interesting point brought up in that article is that it could open up a can of worms, since every other league that may not be financially viable, are gonna be asking for government assistances also. It's a slippery slope if the government does finance the CFL.
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Not every other league has the history and cultural significance of the Grey Cup. Not every other league is as different as the CFL.
If the government can flop out $500 million dollars for the arts, they can flop out some money for a league that employs Canadians coast to coast while generating tax revenue and keeping otherwise abandoned stadiums in business.