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Old 12-21-2021, 06:46 PM   #1
Reggie Dunlop
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Flames CSEC, City kill arena deal

https://twitter.com/user/status/1473452770183110658

Sounds like more posturing...

Last edited by Reggie Dunlop; 01-03-2022 at 11:16 PM.
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Old 12-21-2021, 06:49 PM   #2
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Well then. This escalated quickly. Goodbye Flames if this is the case.
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Old 12-21-2021, 06:52 PM   #3
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I think ownership is seeing a ton of escalation on the project itself and don't want to absorb the cost.
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Old 12-21-2021, 06:53 PM   #4
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Haha, so Gondek is trying to change the deal and pissed off the Flames to the point where they're willing to walk away so she turned to Twitter for support...?
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Old 12-21-2021, 06:53 PM   #5
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CSEC can go F themselves if they think they can extract more money from the public especially with what has happened over the last couple of years.
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Old 12-21-2021, 06:53 PM   #6
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Jyoti's on a roll!

Climate emergency, advising Quebec on how to run their province, and now messing up an already done arena deal.
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Old 12-21-2021, 06:53 PM   #7
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I wish I could a billionaire and get upset about spending a extra $9.7 million.
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Old 12-21-2021, 06:53 PM   #8
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This is the deal breaker? Jesus Christ

https://twitter.com/user/status/1473453847259475971
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Old 12-21-2021, 06:56 PM   #9
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Feels like there is more to it than 10 million bucks, either something else has materially changed or that isn't the full story
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Old 12-21-2021, 06:57 PM   #10
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Quote:
Originally Posted by ikaris View Post
CSEC can go F themselves if they think they can extract more money from the public especially with what has happened over the last couple of years.
They aren't.

This was Gondek going back for more money for "climate mitigation" and roadway building.

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Since I was elected Mayor, Administration & my office have been working with CSEC to mitigate any additional costs. Two costs were identified: climate mitigation of around $4m and road/sidewalk right of way issues of $12.1m.
Jyoti Gondek
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5/6 The City came to the table to assist with $6.4m in roadways leaving $9.7m for the Flames. Based on this gap, CSEC informed me they are walking away from our deal.

On a project worth over $650m, to have one party walk away for 1.5% of the value of the deal is staggering.
Or at least that's what that reads like.
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Old 12-21-2021, 06:57 PM   #11
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Quote:
Originally Posted by Bonded View Post
Feels like there is more to it than 10 million bucks
Yeah, no way we’re getting the whole story.
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Old 12-21-2021, 06:57 PM   #12
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Murray Edwards not bargaining in good faith? After all the bull #### with Calgary Next, threatening to relocate, bringing in Bettman, etc?

I'm SHOCKED.

Last edited by Torture; 12-21-2021 at 07:20 PM.
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Old 12-21-2021, 06:58 PM   #13
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??? The Flames blow millions on mediocre players all the time… such a disappointment to read this today and if the gap is less than 10 mill on a 650 mill deal it seems ludicrous.
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Old 12-21-2021, 06:59 PM   #14
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Quote:
Originally Posted by ComixZone View Post
Haha, so Gondek is trying to change the deal and pissed off the Flames to the point where they're willing to walk away so she turned to Twitter for support...?
I thought the revised deal meant that CSEC was solely responsible for cost overruns?

https://calgaryherald.com/news/local...-cost-overruns
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Old 12-21-2021, 07:01 PM   #15
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Quote:
Originally Posted by tvp2003 View Post
I thought the revised deal meant that CSEC was solely responsible for cost overruns?

https://calgaryherald.com/news/local...-cost-overruns
Mmmhmmm.
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Old 12-21-2021, 07:01 PM   #16
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The budget from two years ago would be laughably low now.

They probably just don't want to build it. 9 million is just an excuse
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Old 12-21-2021, 07:01 PM   #17
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Quote:
Originally Posted by ComixZone View Post
They aren't.

This was Gondek going back for more money for "climate mitigation" and roadway building.

Or at least that's what that reads like.

Might be getting huffy about the climate mitigation part. Roadway/sidewalk right of way isn't a crazy cost overrun.
My guess is if they hadn't locked in materials, the project is probably going to be way north of the original 550 million
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Old 12-21-2021, 07:01 PM   #18
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Quote:
Originally Posted by tvp2003 View Post
I thought the revised deal meant that CSEC was solely responsible for cost overruns?

https://calgaryherald.com/news/local...-cost-overruns
Roadway construction isn't arena overruns though, I don't imagine "climate mitigation" is either.
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Old 12-21-2021, 07:05 PM   #19
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Man after such an amazing start with this team and truly treat-to-watch hockey it’s incredible how low I feel now reading this… always seems to be something with this team can’t we just enjoy a damn season for once??
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Old 12-21-2021, 07:08 PM   #20
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Quote:
Originally Posted by ComixZone View Post
Roadway construction isn't arena overruns though, I don't imagine "climate mitigation" is either.
Is that a fact? It’s hard to tell from the tweet alone. I’m not even sure what paying $4m for “climate mitigation” even entails…
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