Discussion in 'Montreal Canadiens' started by FrankMTL, Dec 7, 2018.
And the condos he sold?
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.
Molson calls twenties "fun coupons" (Yes, that's from Wolf of Wall Street)
Typically, it's been leafs 1, rangers 2, and Habs 3.
I wonder what gave the valuation spike to the rangers this year.
I stand corrected! So its about 110% ROI. The 80% investment is worth approximately 1.04 Billion
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
Maybe a new television deal or the cost of real estate (MSG) in New York.
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
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.
Perhaps it's the effect of major renovations in MSG then, providing more cash flow to the club.
The value of winning Stanley Cups is incomparable
No, Rangers were first last year too and maybe for longer.
Now, imagine if the team was good.
and can you imagine if habs get to a stanley cup?
value would go up 20%
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.
Damn it you beat me to it.
He doesn't sell condos.
Well les tours de canadiens.. He definately got money for them.
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.
Just the rights to the name. Essentially what Trump does.
Separate names with a comma.