Ownership and Management

[donlever]

1 - we all understand your feelings here but you don't really think the AIG is selling right?

2 - Gagliardi and Beedie were interested and then some.

Have you ever looked into how all that went down RG?

If not take a peak, wonderful tale that fills the annals of Canuckdom just so perfectly.

[Meds]

B.C. has billionaires, but apparently, none of them are hockey fans.

True, and if Donny was any sort of solid cat, he would sell his private gulf island and buy the team.

[donlever]

Yeah, EP40 fucks everything up eh.

[Chef Boi RD]

The Whitecaps are having a season Canuck fans have dreamed of having with the Canucks, that’s one helluva squad they’ve assembled, the GM is great as well as the coach. Their nose for recognizing the right kind of players is insane and it’s really challenging finding good soccer players because they are spread out around the world. But the Whitecaps are in a precarious position as they have made it clear that BC Place ain’t working and would like to move back to the PNE grounds in a soccer only stadium but our government morons have their fingers to far up their asses to see something through. They should get out of he amusement park bursinees and privatize the PNE grounds, sell it. The racetrack is dead, stick a fork it it, their ability to attract quality breeds is Mickey Mouse. It’s a great location for a soccer only building. Parcel it off to a private ownership group before the Whitecap owners throw their hands up. This is a very well run organization, reward them, before we lose them.

[donlever]

Don't disagree Dude.

I also thought the rail yard by the Sea Bus terminal would have worked as a destination point plus and been an amazing location for many reasons.

[Chef Boi RD]

Don't disagree Dude.

I also thought the rail yard by the Sea Bus terminal would have worked as a destination point plus and been an amazing location for many reasons.

I liked it too, but apparently there are challenges at the location.

They have to do something quick because the Whitecaps ownership are running on fumes operating out of BC Place.

[Ronning's Ghost]

1 - we all understand your feelings here but you don't really think the AIG is selling right?

The complaint is that they are treating the franchise as a cash cow. If that's true, then they should be willing to take any amount of cash that amounts to a better ROI.

It sounds like you are arguing that the Little Eagles are treating the team as a combination source of cash and vanity project, but they just aren't that vain about winning. This would consistent with the little I recall about the ownership fight, but it's not rational to have a business that neither maximizes ROI nor improves the prestige of your brand. Not that the Little Eagles have presented a compelling case that all their business moves are rational...

It would be like an auto company both losing money on their flagship performance model, and having that model perform poorly.

Oh, wait.

Well, how's Francesco's health ?

[donlever]

I'm not bothering to look it up but they bought the team in the low 100 millions (200/250/300).

Forbes in Dec 2024 put current value at 1.95 billion.

Roi looks pretty good to me.

...and will continue to grow as TV/streaming deals expand and expansion rears its head again.

They're like the Brown family from Cincinnati.

...and we keep getting richer but we can't get our picture on the cover of the Rolling Stone...

Bringing up Topper again, he for years has said AIG owning the team is a Real Estate play as opposed to a win a championship one.

Getting harder to disagree.

As well, I am not arguing anything RG......I'm just shooting the shit.

[2Fingers]

This is a very well run organization, reward them, before we lose them.

Whitecaps went through many years where ownership didn't invest anything into the team but now they have and you can see the difference in the team. Yes a new location is needed, leave BC Place to truck/car and garden shows.

[Chef Boi RD]

Caps ownership have come out recently saying they can’t keep going like this, staying at BC Place. I have zero confidence in our municipal losers to see this one through. My heart tells me the Caps will move on to another city.

[dangler]

Caps ownership have come out recently saying they can’t keep going like this, staying at BC Place. I have zero confidence in our municipal losers to see this one through. My heart tells me the Caps will move on to another city.

That will be their(mls) absolute worst case scenario. They don't want to miss out on any expansion revenue or give up on a viable market.
I think there will be lots of dancing before this is settled.
At the end of the day it will probably be a better deal at BC Place.

[Chef Boi RD]

Caps ownership have come out recently saying they can’t keep going like this, staying at BC Place. I have zero confidence in our municipal losers to see this one through. My heart tells me the Caps will move on to another city.

That will be their(mls) absolute worst case scenario. They don't want to miss out on any expansion revenue or give up on a viable market.
I think there will be lots of dancing before this is settled.
At the end of the day it will probably be a better deal at BC Place.

Crown will have to make concessions of some kind for the Caps to stay at BC Place, it’s not a financially viable building (structure) for the Caps to play with the current deal they have there. They need to share in building revenues to help cover costs. If they don’t make some kind of deal soon the Caps are gone or sold to another local with deeper pockets to build a a soccer only stadium. I don’t think the current ownership group has deep enough pockets to build a stadium. I think they (caps owners) were hoping to go partners with Crown on a new stadium at PNE lands (horse track or the old empire stadium location). Mayor Jack ass Ken Simms was involved with the Caps in trying to help facilitate a move to the PNE lands. That didn’t last long. I believe the situation is dire. Expansion money is not a year by year financial injection. They are thinking the long term outlook here.

[dangler]

Crown will have to make concessions of some kind for the Caps to stay at BC Place

IIRC the deal at BC Place expires at the end of this season. No time to build a new one even if the stars magically aligned tomorrow.
There's no other venue options out there, are there?

[Chef Boi RD]

Crown will have to make concessions of some kind for the Caps to stay at BC Place

IIRC the deal at BC Place expires at the end of this season. No time to build a new one even if the stars magically aligned tomorrow.
There's no other venue options out there, are there?

They could sign a short term deal with similar terms, gut it out until they sort out another facility, a new one. Obviously there isn’t an existing building to go to, not sure where you got that impression. I think this about the long term, which is why I suggest expansion money isn’t going to convince them to stay. The league can’t keep expanding to make up for the year by year financial struggle.