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By lawrence (registered) - website | Posted August 12, 2010 at 15:49:22
So Bob Young has lost 30 Million since buying the team in 2003. I don't understand the thinking you are displaying above Robbie. Probably why I am broke and people like Bob are doing well for themselves, so perhpas you can shed some light on this.
Is ~$4M a year (and I know 2010 isn't over yet but just trying to make sense of all this), a lot of money for a billionairre and for an owner of a sports franchise in general, to lose in one year? More specifically a CFL franchise? Didn't one poster on here state the Riders were the only team who turns a profit?
Just tyring to understand the financials behind this a little further.
Ward 3 Trustee for HWDSB.
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