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Old Posted Dec 6, 2019, 8:42 PM
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JHikka JHikka is offline
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Join Date: Jul 2009
Location: Toronto
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Of particular interest:

"The report says while such a stadium would add valuable infrastructure to the city, the financial options proposed by SSE would require a considerable amount of public funds that are dependent upon the success of an "untested Halifax CFL franchise and Halifax market."

SSE has asked for $41-million to $79-million, according to the report.

It says the business group's proposal assumes it will sell 21,600 tickets for each of 10 scheduled CFL games, or 96 per cent of stadium capacity.

"In comparison to attendance levels to other CFL teams in Canada, the CAO and his staff team believes that these attendance figures are aggressive," the report says.

In order to break even, Dube said, SSE would have to hit the 70 per cent mark in sales per game.

"The options proposed present considerable risk to the municipal taxpayer."


https://www.tsn.ca/proposed-site-for...ible-1.1409270