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Old Posted Mar 4, 2026, 7:57 PM
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Coldrsx Coldrsx is offline
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Join Date: Dec 2003
Location: Edmonton, AB
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Quote:
Originally Posted by elly63 View Post
Do you mean something like this:

Edmonton and Oilers look to score big investment on par with Calgary's arena deal
Keith Gerein edmontonjournal.com May 27, 2024

Multiple sources have confirmed to Postmedia that the Oilers Entertainment Group has been working with city officials and the UCP government on a plan to have the province make a major sports and cultural investment in Edmonton — including, potentially, upgrades Commonwealth Stadium...

However, it turns out there is some substance to this. Nothing has been finalized and everything could still fall apart, but the sources tell me all three parties have serious interest in getting something done in the near future.

My understanding is that city leaders are now working with OEG to complete a final package of proposals to take to the province.

As for the other parts of the potential deal, there are reportedly still some things to work out, including what to do with Commonwealth Stadium.

The city has previously asked the province for $180 million to modernize Commonwealth — a now 46-year-old facility that did not show well when Edmonton tried to land hosting duties for the 2026 FIFA World Cup.

However, there is a debate about whether the city is actually best served in the long run by sinking money into Commonwealth, or if it might be better to build a new, smaller stadium that is more soccer and/or concert friendly. That’s undoubtedly the more expensive option, and it’s unclear what the province might be willing to contribute and whether OEG would be involved.
I've heard from a number of folks that there is a desire to make this arms length or greater to bring 6-9-12 events to the site to really make better use of it, justify renovations, give a better cut to the Elks, improve offerings and modernize the facility.
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