MAJOR BOMBER FUMBLE (article)

Discussion in 'CFL League Talk' started by Bronko, Jun 21, 2012.

  1. Bronko

    Bronko Member

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  2. deuvl

    deuvl Moderator
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    we actually have it quite good here spending only 25 million to increase stadium seating. even if we don't fill the place we don't get hit as hard on the wallet.
     
  3. Bronko

    Bronko Member

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    The great unwashed (ie. the public) was snookered on the Stadium deal cuz Wpg Stadium (built in 1952-53) was falling apart at the seams and they didn't want to rebuild on a grandstand to grandstand basis (which knowing the bombers would have taken several years of mismanagement and over-budgeting). Plus the land the current bomber stadium sits on is now more valuable for retail/residential/office - now valued at approx. 35 million but if it went to open bid could be upwards of 55 million. Funny how the city has never tendered out the land via auction, electing to dictate its own value with some of its "developer/friends"....

    Putting a 1/4 billion of public cash into an affair that quite frankly only gets used for 9 or 10 home dates per year, averages 26,000 to 31,000 a season (higher off the bat) and really doesn't have that much winter utility (November thru April) is a giant leap of faith. But something had to be done and all the so-called captains of industry, rock-jawed multi-millionaires and near billionaires tended to shrink back into their sewer holes when the ask for cash came about!!!
     
  4. iso_55

    iso_55 Member

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    So, what is the point, Nate? The place is decrepid. My son used to play for the Rifles. They have this auxiliary dressing room under the west side stands. It has black mould, is leaking... probably has a few 3 or 4 lb rats running around. Scarily disgusting. Cement is cracking in the grandstands, the place is brutal. Pieces are falling off onto walkways. I mean, truthfully, what would you do? The Bombers needed a new home.
     
  5. deuvl

    deuvl Moderator
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    riders will have the same issues anyway. bc place is done but still cost a whopper. That grey cup didn't come cheap. People in montreal complained about the money put on mcgill stadium but it's peanuts really. Calgary's time is coming soon i guess.
     
  6. Bronko

    Bronko Member

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    Like I said before they could have rebuilt Wpg Stadium on a grandstand to grandstand basis, but seeing how the new stadium has been botched (time-wise, don't know about construction standards til it opens) the grandstands would have taken 3 to 5 years to complete and probably meant many people couldn't attend games while complete sections were ripped down, destroyed or rendered useless. Crowds would have been 15,000 to 20,000 while that snafu went on.

    They could have built a stadium for $125 to $140 million a few years back but the costs rose and the demands for special features (overhang, ad boards, private boxes, etc.) rose....

    Now its 200 mill. and rising like the Red River.

    But if the crowds are 30,000 to 32,000 (on average) and they're paying $8 for beer, $4 for water, $6 for dogs, $5 for cokes, $7 for programs $40 for cowbells, $311 for jerseys, $10 to $18 for parking, blah, blah, blah they could pay off 25 to 33% of the debt - in 30 or 40 years.
     
  7. deuvl

    deuvl Moderator
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    grey cup 2015 is likely set for windy-peg. that'll pay off another one per cent :p
     
  8. Bronko

    Bronko Member

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    I'd say 2 if the rains don't come!!!! ha
     
  9. iso_55

    iso_55 Member

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    The new stadium is a welcome addition to Winnipeg & the CFL. Saskatchewan is dicking around trying to get a stadium done, much to the chagrin of Prider Nation. Ottawa is fighting every white knight environmentalis, NIMBY Glebeomaniac & historian to get a stadium built in Lansdowne Park. While Hamilton's Mayor & City Council fought with Bob Young about location, location, location of their new Pan AM stadium that now the Ti cats will be going on a year long sojourn to find themselves & hopefully new fans in SW Ontario in 2013. Compared to those 2 cities, getting a new stadium in Winnipeg was a cake walk.
     
  10. Bronko

    Bronko Member

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    Winnipeg closed its stadium problem cuz all the white knights & rock-ribbed millionaires kept getting terrified when it came to putting coin into the project. Only proceeded when a socialist premier blew all the arrow-smooth shirts away and took control of the project and funded it out of the people's revenues. Otherwise the Wpg project would still be in the hard-talk stage - where everyone one has a stadium plan and nobody has money to put into it.

    I've heard that if the Bombers keep puking on their own shoes the backup plan is for Mark Chipman/David Thompson (current Wpg Jets owners thru True North Holdings) to gobble up the stadium and the team. I'm sure Premier Selinger had thought of this when he advanced coin to fund the stadium - anyone can see the bombers have been marginally successful being run by stumblebums, yes-men, pretend dictators & jock-sniffers. If Chipper & The Billionaire take over the team I'd say the first thing they'd do is clean out the vermin in management (Buchko, Banyon, Hodkginson, Masklovsky, etc.) and put in a far more efficient and focussed management/staff system.

    The Jets are run efficiently, with no expectations of making playoffs for at least 2 or 3 years, sold out into perpetuity. They'd be able to run the stadium in conjunction with the downtown arena and maximize returns. Its all well under the radar (for now) but if the bombers tank badly (financially and management wise) the back up plan will come up (initially thru some media leaks)
     
  11. iso_55

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    Most Bomber fans don't want private ownership but those same people would welcome True North, I would think. They have credibility whic h David Asper didn't have. Is that Human Rights museum finished yet?
     
  12. Bronko

    Bronko Member

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    Not finished yet, but this 300 million plus white elephant is now short about 50 to 55 million. Chief fund-raiser just quit this week. Davida Cvitkovic was her name. The bigger problem is operating costs - they need a megaton of money to operate, hoping tourism and admission fees can fund a large percentage of the thing, which I highly doubt.

    I'd say its about 75 to 80% finished on the outside, nobody knows about the inside. At some point the Manitoba Museum (downtown) is poised to take over operations from Gail Asper and combine the regular manitoba museum and sub-rent space out to the Human Rights Museum. Only way this pig will fly!
     
  13. Bronko

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    True North would be a godsend but they are professional operators (Chipman, THompson, etc.) so they'll keep their mouths shut until the Bombers wade into financial trouble down the road - at that point they'll be asked to participate and then they'll snap into action. I'd say that process won't happen for at least 4 to 6 years.
     
  14. iso_55

    iso_55 Member

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    That museum. Is it as tall as the Richardson Building? Just what is the idea behind the design?
     
  15. Bronko

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    Kinda looks like a 15 or 16 story shopping bag. Genius!!!
     

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