ChesterCopperpot
Senior Member
So the Argos WON'T be going into BMO
http://www.theglobeandmail.com/spor...-mlse-and-federal-government/article18862832/
http://www.theglobeandmail.com/spor...-mlse-and-federal-government/article18862832/
The future of the CFL in Toronto has been thrown into renewed turmoil after a backroom fight between Ottawa and the country’s largest sports concern.
Maple Leaf Sports & Entertainment – owner of the Leafs, Raptors and Toronto FC – has cancelled plans to include the Toronto Argonauts in their renovation of BMO Field.
MLSE had planned a phased, two-year renovation costing $120-million. They had hoped for financial help from all levels of government. That was to include a $10-million loan from the city, and $10-million grants from each of the provincial and federal governments.
As part of that agreement, room would be made to accommodate the larger dimensions of the CFL playing surface, as well as a promise to buy the flagging football team.
However, long after public announcements were made, Ottawa has yet to sign off on its part of the expenditure. Their apparent problem – the optics of funding sports stadiums.
MLSE provided several fig leaves to give the government cover – including parceling the money into grants for expected big events like the Winter Classic and the Grey Cup, planned for BMO Field.
MLSE argued that the construction taxes alone – an anticipated $18-million – made the deal watertight politically. The feds thought otherwise, and continued to delay.
As Ottawa dithered, MLSE lost patience. They will now go ahead without the federal money and, as a direct result, without the Argos.
There is an added element of urgency, as BMO Field must be ready to host rugby matches for next summer’s Pan-Am Games.
New architectural plans have been drawn. A $120-million reno becomes a $100-million one. The arena will be rebuilt to its current dimensions, meaning there will be no north-south extension and no room for football end zones. Ground will be broken in September.
The city is expected to sign off on the revised, soccer-only plan. MLSE has received assurances that the province will do likewise if the Liberal government of Kathleen Wynne survives a June 12th election. Wynne currently leads in the polls.