Another option would be to turn the building into a corporation, like Orca Bay Sports and Entertainment was with the Vancouver Canucks. Then when the building is complete and the venue becomes functional, the Quebec government can recoup their investment with a small stock issue. It would be cool if fans could buy shares of Sun TV Sports and Entertainment.
The NHL has a handful of franchises that Bettman et all put into poor hockey markets and are bleeding money. If you build it, they will come.
"Quebecor, which estimates its total financial commitment over the lifetime of the deal to be as much as $190-million, will also pay between 10 and 15 per cent of its profits from concerts, sporting events and other venues back to the city, depending on whether there’s a hockey tenant."
Bombardier is awash in black ink now with this new aircraft order to the tune of up to $6.7B. Their silence is deafening.
ReplyDeleteFat Tony