coladin
Registered User
- Sep 18, 2009
- 11,781
- 4,475
Yes, and there's a cost to borrowing money, he'll have to pay back.
As the value of the Franchise rises, so does the salary cap/floor, and when operational (and Currency) expenses go up, revenues need to keep pace....... and when they don't, there has to be tough choices made, such as loans, ticket pricing, operational/player budget and all costs related to owning and maintaining the CTC, that is located where it cannot attract as many "events" it could, if it were located in Lebreton Flats.
Cost to borrowing money, of course, but it is cheap money. Ideal . He refinances, always improving his deal with the banks. His inability, or unwillingness, to write more cheques to cover losses is not going to change anytime soon. He has scorched the Earth and has only compounded his comments last year with trading Karlsson. He is probably hoping this will blow over, but it won't happen until he shows the fans that he wants to win.