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Originally Posted by Cleveland Steam Whistle
I'm so confused by some of the takes in here on the building, they are super baffling.
1. Murray should move the team, then the NHL will give us an expansion team and that owner will build the building themselves? At the estimated $684M for the project (which we all know will be higher), the pay back period on that investment based on Flames earnings is around 75 years...........why would that be different / more palatable for a new ownership group. Public partnership is still going to be needed for a different owner.
2. Get the owners out and the Province and City will figure out how to build this then attract a new owner? The the city is already getting enough heat for the original proposal of using public funds for half of this project (many people feel that number should be 0, as we know), why would having public funds pay for ALL of it all of a sudden be a reasonable option?
Losing hockey games sure does make people lose touch with reality doesn't it.
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What's baffling is the idea that a new owner would have to build the building themselves. The city has shown itself more than willing to pay at least $300M.