Comment 57602

By drb (registered) - website | Posted January 23, 2011 at 21:28:33

No money from the Cats. No mention of money from the "sponsors" that the Cats had lining up outside their door. Taxpayer donated parking lot? This is a lousy deal. Even with the ticket surcharge (at a 90% ticket sale rate, including sales for a non-existant soccer team) it'll take the city 70 years to recoup the FF investment (in 2010 dollars) with only a 20 year lease. What is the depreciation rate on a stadium?

All that and an impossible funding gap. Cats fans, it's time you demand better from "the caretaker". Everyone has known the budget is finite from the beginning of this process. Yet it's the Cats who keep asking for more. I guess that explains why they keep ending up in the red.

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