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04-03-2013, 07:42 PM
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Location: Saguenay, Qc
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Originally Posted by Llama19 View Post
My 'transcript' of the broadcast:
  • Met with Mayor Weiers today.
  • Conversation with Bill Daly, today.
  • Mutual understanding of league’s terms, and where to take it from here.
  • Investment not needed from Capstone (?).
  • Due diligence, had been working on it for six months.
  • On any competition concerns, Pastor states doesn’t understand why it takes so long to get it done.
  • States Weiers is ‘refreshing’
  • Ask how long is the lease - (no response), stated NDAs starting to be signed, moving as fast as we can.
  • $170 million, bottom line, thinks its a solid return on investment.
  • As a banker, this is an undervalued asset.
  • Hard to get people to buy tickets because the team has no owner.
  • Any agreements are in tandem with the city and the NHL.
  • Proposed offer – paperwork received from NHL today, hopping on the plane, and then getting direction on what to do next.
  • No one has put any money down.

Be seeing you!

Until he sells the franchise to Seattle city in 3 years for 220 grants.

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