Seems to be some misinformation in this thread. If you've been keeping up with the reading you know the CFL has been in serious talks with a potential owner (as one poster has said). If that doesn't work out or show significant progress the CFL has a board meeting coming up very soon where it will be recommended to either follow through or move on permanently from Halifax.
The potential owner is rumoured to be Rob Steele (Steele Auto Group) 64 car dealerships. He sold his media company NCC (NewCap radio) to the influential media company Stingray for $506 million dollars (the number varies by a few million according to the stock price at time of purchase) and bought 25 million in Stingray stock and is on the BOD. He is in the NS Business Hall of Fame and a director of the Halifax Mooseheads. He is an advisor to the East Coast Music Awards, so he knows both sports and entertainment.
Now I have to wonder why his name hasn't come up, either it is really serious and they don't want to blow it or it is BS. But as a prominent BC Lions reporter reported it I am surprised no one confirmed or denied it.
From what I've read SMU is very much on board with this. Having said that, people are way off base thinking there will be some sort of $200 million dollar stadium. If this happens, what you are likely to see is a more permanent version of
Empire Field at 18-20k seats which is well within the realm of possibility.
Where the HRM stands I don't know, but this will likely be resolved in the coming days where it will either speedily progress or will be dead for a long time.
Unlike some I have learned not to naysay the CFL. Billionaires like Pierre Karl Peledeau, Amar Doman and Stelco in the last few years want in. Generally you don't get to be a billionaire by making bad transactions.
Look for news soon, it's either gonna be good or dead.