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By Shempatolla (registered) - website | Posted August 18, 2010 at 10:27:47
I would like to see the business plans of any of these so called "sutiors" for the TiCats. While there notions might seem quaint and serve to distract their constituents of the other problems their municipality's may have. I doubt very much whether ANYONE who pays taxes in those communities is prepared to fork over $1.5 million a year in operating costs to subsidize a private business, never mind put out the $200 million or so it will require to build a stadium AND then hand over the keys to that investment for a period of at least 10 years. NOT GOING TO HAPPEN.
Bob Young has no valid cards left to play so he and his organization are lashing out trying to discredit the mayor and council and in essence our entire city because they didn't get what they wanted. If he is serious about not wanting to lose any more money, moving the franchise is not going to solve his problem. I've posted before a more likely outcome is that Bob comes back to the table or perhaps more likely is that he does not own the team by the time that his lease runs out at Ivor Wynne.
Now. Depending on what the city does with Katz/AEG at the end of the month, a potential new owner for the team would be that group. The TiCats themselves may not make them money but if they take over management of HECFI , they perhaps would not mind running the team as well. Just a thought.
Cheers
Greg Galante
Hamilton
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