New downtown Edmonton arena projected to exceed budget, no plan in place if...
According to an update on the downtown arena project released by the City of Edmonton, the arena as currently envisioned is projected to surpass the $450 million budget set for it, and no plan is in...
View ArticleNearly $200 million in financing still needs to be found for the downtown arena
As much as the downtown arena sometimes seems like a done deal, the fact of the matter is that a huge chunk of the money needed to complete it as currently envisioned still needs to be found. And as...
View ArticleLatest roadblocks in the path to a new downtown arena should be extremely...
For a while, it seemed like Edmonton City Council and Edmonton Oilers owner Daryl Katz were well on their way to an arena deal that both parties could live with. Despite vocal opposition, the council...
View ArticleDaryl Katz remembers buying an Oilers team “at risk” of leaving Edmonton –...
Daryl Katz remembers his purchase of the Edmonton Oilers, but his recollection seems well out of sync with facts on the public record. On September 17, Katz gave an exclusive interview to Edmonton...
View ArticleFour points on Daryl Katz’s apology letter to Edmonton Oilers fans
This shelves the threat of immediate relocation. I took some negative comments on Twitter when I suggested that Katz’s letter represented a step back from threatening the team’s relocation. That was...
View ArticleIs the profitability of the Edmonton Oilers relevant to the downtown arena...
One of the more interesting exchanges in yesterday’s Edmonton city council meeting (featuring a special appearance by representatives of the Katz Group) came when councilor Kerry Diotte started asking...
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