Sports & Recreation

New CFL Franchise - the Atlantic Schooners

  • Last Updated:
  • Nov 26th, 2018 12:27 pm
7 replies
Deal Guru
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Jun 27, 2004
10937 posts
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Vancouver.bc.ca
I wonder what colours they'll use.
Deal Addict
Jan 29, 2017
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The Maritime Football Partnership, which is pursuing the bid, is eyeing a parcel of land on the east side of Halifax harbour for a 24,000-seat facility. The cost is estimated at $170 million to $190 million and the group has said it will need public help with the financing.
...
"Ultimately, the big hurdle is the stadium," said Ambrosie.
Sounds like they want the public to pay for a Stadium. $170-190m is a lot when you consider a new CFL franchise is expected to cost around $10m. Heck the whole CFL is reportedly worth around $150m.
Sr. Member
Nov 23, 2015
527 posts
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Winnipeg
Good for Halifax. Although in some ways I'm not sure how much farther ahead they are than at any point in the last 35 years. It was always sort of understood that there were people willing to buy a franchise provided that a stadium gets built, but that still hasn't happened yet.

As a football fan though, I'd be happy to see the CFL add a 10th team and become a truly coast to coast league.
Deal Addict
Feb 11, 2005
3313 posts
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North Vancouver
peli33 wrote:
Nov 24th, 2018 6:52 pm
Sounds like they want the public to pay for a Stadium. $170-190m is a lot when you consider a new CFL franchise is expected to cost around $10m. Heck the whole CFL is reportedly worth around $150m.
I hope they don't sucker themselves into that. Publicly funded stadiums are among the biggest scams in pro sports. The perceived benefits never get realized and the costs are almost always higher than projected.
Deal Fanatic
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Nov 21, 2002
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Winnipeg
Schooners......dam I had money on them going with "Rough Riders".

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