Quote:
Originally Posted by BoLevi
He wouldn't need to liquidate much, if anything. The idea behind financing it is so that he wouldn't have to pay cash. Nobody would pay cash - you get a consortium of banks/lenders to build the thing, and then you make the loan payments out of the future cash flow of the asset.
Flames tickets, concerts, events, food sales - that's what pays for the building over 20 years. Just like any other business decision.
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But if you are leveraging against the CNRL stock (his biggest asset, presumably), then he gets in real trouble if that stock takes a tumble. It would likely force him to sell at the worst time. This is what J. Random is talking about.
Edit: I guess you are saying the Flames/building are the collateral in this scenario? That consortium better be huge Flames fans to lend anything close to the value of the building in that circumstance.
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From HFBoard oiler fan, in analyzing MacT's management:
O.K. there has been a lot of talk on whether or not MacTavish has actually done a good job for us, most fans on this board are very basic in their analysis and I feel would change their opinion entirely if the team was successful.
Last edited by Fighting Banana Slug; 08-24-2022 at 02:12 PM.
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