Quote:
Originally Posted by jammer139
Sorry to be the shunk at the picnic. But the CFL is one mistake or bad decision away from folding as a league. It's had close calls in the past which would not give me any confidence it will survive. Having said that a new stadium large enough for pro sports with all the amenities required is going to be north of $300M. Heck just the renovations to Hamilton's Hockey arena was well over $200M.
Finally who is going to pay for it? If all private money then by all means get out the shovels. The reality is no team owner is going to built a stadium so you know who is going to be asked to pay for it. That is a SHOW STOPPER.
Having said all that, the Western Fair District would be one of the best locations for a stadium in London.
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If anything, I think the CFL is in a way better position than it has been in a long time, with stable ownership and revenues up. The biggest determining factor is what will the new TV contract be worth per team. If it is significantly more than current deal at 50M per year and includes a provision for more games via a 10th team, then you have the demand and need to find an owner. I don't think it would take $300M to get a stadium built, especially if you are looking at 15K to start. A CFL and CPL team sharing makes it a better investment too.
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