Quote:
Originally Posted by MalcolmTucker
When an arena funding plan leads to the collapse of the ownership group, it is evidence that just maybe a market failure exists that public funding could be considered to fill. See the difficulties of Vancouver and Montreal. Toronto was helped by a larger market and plenty of hidden public funding (land swaps, huge density transfers, and a good ol low interest loan iirc).
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wasn't even aware the Canucks and Habs had issues. Might have been why Molson sold the Habs in the early 2000s (just to buy them-up again years later).
Side note, when and for how much were the Habs sold those two times?
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