Habs now worth 1.3 Billion

Discussion in 'Montreal Canadiens' started by FrankMTL, Dec 7, 2018.

  1. JeffreyLFC

    JeffreyLFC Registered User

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    And the condos he sold?
     
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  2. Heffyhoof

    Heffyhoof Registered User

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    I felt like being generous so I gave likes to a bunch of the people in here who are trying really hard to be witty.
     
  3. FrankMTL

    FrankMTL Registered User

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    Molson calls twenties "fun coupons" (Yes, that's from Wolf of Wall Street)
     
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  4. JianYang

    JianYang Registered User

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    Typically, it's been leafs 1, rangers 2, and Habs 3.

    I wonder what gave the valuation spike to the rangers this year.
     
  5. FrankMTL

    FrankMTL Registered User

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    llamateizer likes this.
  6. TooLegitToQuit

    TooLegitToQuit Loyal Habs Fan

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    Correct. $500M for 80.1% (who knows who partnered up with the 3 Molson brothers in this share) and they also got 100% of the Bell center but the annual sponsorship money disappeared. So I do believe Bell has a part of that 80.1 share.

    Bell reserves right for regional converge and I think this has something to do with a part of ownership. Out here in Halifax, I get to watch games on both Sportsnet and TSN. I also have to purchase RDS as insurance just in case TSN or Sportsnet don't have the game. I hasn't happened in a while and I also don't mind watching RDS cause they are less anti Montreal. Sometimes I switch from English to RDS cause the english announcers drive me nuts lol.

    The other thing to note is the Molson group reserved right to have 1st dibs on re-purchasing the Habs if Gillette decided to sell it. The Molson group came in late and everybody that was interested in buying disappeared
     
  7. FrankMTL

    FrankMTL Registered User

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    Maybe a new television deal or the cost of real estate (MSG) in New York.
     
  8. TooLegitToQuit

    TooLegitToQuit Loyal Habs Fan

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    I think the Rangers were 1 last year too though? From what I recall, it was the Leafs and then Habs but the Rangers took over in recent years. Not sure of the timing though
     
  9. 26Mats

    26Mats Registered User

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    Well according "the rule of seven" if you earn 10% annually on your investment, with compounding it doubles after 7 years. If you earn 7% annually, it doubles after 10 years.
     
  10. JianYang

    JianYang Registered User

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    Perhaps it's the effect of major renovations in MSG then, providing more cash flow to the club.
     
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  11. TooLegitToQuit

    TooLegitToQuit Loyal Habs Fan

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    Good Point

    [​IMG]
     
  12. ahmedou

    ahmedou أحمدو

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    The value of winning Stanley Cups is incomparable
     
  13. LyricalLyricist

    LyricalLyricist Registered User

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    No, Rangers were first last year too and maybe for longer.
     
  14. Kaperi Spacey

    Kaperi Spacey Thank you MB for this great team.

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    Now, imagine if the team was good.
     
  15. Hugo Sham

    Hugo Sham My attitude stinks, my hockey bag is even worse

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    and can you imagine if habs get to a stanley cup?
    value would go up 20%
     
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  16. DAChampion

    DAChampion Registered User

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    That's not how it works for rich people.

    Molson can now get loans more easily for his other projects, at lower rates of interest.
     
  17. Pickles

    Pickles Registered User

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    Damn it you beat me to it. :laugh:
     
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  18. dinodebino

    dinodebino Registered User

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    He doesn't sell condos.
     
  19. JeffreyLFC

    JeffreyLFC Registered User

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    Well les tours de canadiens.. He definately got money for them.
     
  20. dinodebino

    dinodebino Registered User

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    The arena money disappeared because Gillette cashed it in practically from the start. George was a good owner, don't get me wrong. But he was in it to make money. He made good money with the sale.
     
  21. dinodebino

    dinodebino Registered User

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    Just the rights to the name. Essentially what Trump does.
     

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