Calgarypuck Forums - The Unofficial Calgary Flames Fan Community - View Single Post - [Rumour] Flames actively entertaining selling around 15 to 30% of the club

getbak · 05-12-2024, 01:16 PM

Last year, the sale price for 90% of the Senators was reported to be $950 million USD -- meaning a franchise value just over $1.055 billion USD. Depending on the exchange rate of the day, that's about $1.4-1.5 billion CAD.

If we assume the Flames will have a similar value (and it might be much more factoring in the value of the arena deal and the other CSEC assets), 30% will cost around $450 million CAD.

05-12-2024, 01:16 PM	#12
getbak Franchise Player Join Date: Feb 2006 Location: Calgary, AB Exp:	Last year, the sale price for 90% of the Senators was reported to be $950 million USD -- meaning a franchise value just over $1.055 billion USD. Depending on the exchange rate of the day, that's about $1.4-1.5 billion CAD. If we assume the Flames will have a similar value (and it might be much more factoring in the value of the arena deal and the other CSEC assets), 30% will cost around $450 million CAD. __________________ Turn up the good, turn down the suck!