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Author Topic: Alouettes For Sale  (Read 10534 times)
theaardvark
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« Reply #105 on: June 03, 2019, 04:50:54 PM »

The cumulative losses may or may not be represented by existing debt.  It is entirely possible that those losses were financed by cash injections by the Wetenhalls, which they have gotten tired of making.  It is unlikely that many lenders would have advanced that kind of cash without security, and given that they don't own their stadium, any existing debt is likely in the form of accounts payable with various suppliers. 

Moving to Halifax is exactly the wrong move.  They don't have a stadium, they don't have a demonstrated demand for attendance higher than the 17,000 the Als did last year in Montreal, and floating the idea of moving will send 2019 attendance into the tank. 

If floating the idea of moving sends attendance into the tank, then they should shut it down anyways... if the city's denziends want a CFL team, they need to come to the stadium...
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Unabashed positron.  Blue koolaid in my fridge.  I wear my blue sunglasses at night.  Homer, d'oh.
Throw Long Bannatyne
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« Reply #106 on: June 03, 2019, 06:00:14 PM »

If floating the idea of moving sends attendance into the tank, then they should shut it down anyways... if the city's denziends want a CFL team, they need to come to the stadium...

It's shameful how the Eastern media is ballyhooing the Raptors playoff run as the greatest thing ever, but can't be bothered to draw any attention to their struggling CFL teams.
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BLUEBOMBER
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« Reply #107 on: June 04, 2019, 07:02:08 PM »

Halifax is a relatively small market but small markets seem to be doing fine.  It's the big markets that are struggling.
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pjrocksmb
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This is the CFL- support our league- Go Canada!


« Reply #108 on: June 05, 2019, 01:51:59 AM »

I think the East Coast will work as well.  These big markets will find balance.  Just a bad streak that will slowly turn.
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I don't watch the No Fun League b/c I live in Canada and love the CFL
Fire101
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« Reply #109 on: June 06, 2019, 01:44:56 AM »

https://3downnation.com/2019/06/05/cfl-currently-negotiating-sale-of-the-alouettes-with-eric-lapointes-group-report/
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bluebeard
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« Reply #110 on: June 10, 2019, 09:33:24 PM »

I wouldn't be shocked if more American money coming in to buy the Als. Roll Eyes
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Fire101
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« Reply #111 on: June 11, 2019, 12:34:40 AM »

I wouldn't be shocked if more American money coming in to buy the Als. Roll Eyes

Sounds like you're in Ambroise's hip pocket.

https://3downnation.com/2019/06/10/league-hoping-to-sell-alouettes-to-lenkov-brothers-report/
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Fire101
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« Reply #112 on: June 13, 2019, 02:02:27 AM »

https://www.sportsnet.ca/football/cfl/clifford-starke-sends-cfl-amended-offer-purchase-alouettes/

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