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By Simon (registered) - website | Posted January 11, 2011 at 20:30:44
Seems to me - this latest scheme is just another excuse for the TigerCats to avoid putting up any money towards construction.
At WH, $115 million buys you 15,000 seats - TigerCats responsible for the remaining 10,000 or another $35 - $65 million (assuming a total cost of $150 - $180 million according to past reports).
At IWS $115 million buys you 25,000 seats - no responsibility to the TigerCats.
So at WH we'd be looking at roughly 33% from the TigerCats. Based on the same ratio council needs to see the TigerCats put in roughly $40 million before they take a re-built IWS seriously.
And I mean $40 million - present value construction cost - up front - none of this bullshit ooohhhh operating costs, or $1 a year for 40 million years.........
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