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09-19-2012, 07:06 AM
  #42
pepty
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Quote:
Originally Posted by danishh View Post
*they got it done with private money, from terrace investments.

(probably should ignore the fact that the company holding their bonds went bankrupt due to the whole enron implosion)
True however the people who got the franchise and built the stadium lost their shirts and even after Bryden took over his pockets weren't deep enough and the team went into bankruptcy.

They were saved by Mr. Melnyk (thank you Uncle Eugene).

The stadium was part of a real estate venture but the payoff didnt come until many years later.

The dreamers who got it built weren't nearly as rich as Mr Katz however.

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