You're hiding behind a technicality and you damn well know it.
Look, when there's Monster Truck Show at the CTC, the revenues earned from that show go on the CTC's books, not the Senators books. Yes EM could choose to take money earned from other events at the CTC and invest in the hockey operations of the Senators ....... or, as he would has us believe, he wants the Senators franchise to earn enough profit on it's own to sustain itself without any injections of money from any other business operations he owns or controls, and this would include events held at the CTC, such as concerts.
There is no hiding being done here, EM has made it clear that is what he's been doing for a while now, and has publicly stated as much, numerous times. His
sugar daddying days of the Senators are done.
It could be argued that he is doing this (crying poor), in an attempt to secure some public money to help facilitate the proposed move to Lebreton Flats, in some form or another. He's already gotten a deal that will deduct the cost of soil mitigation at Lebreton Flats, from the fair market value of the land.