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Manitoba Stadium Loan Predicated on Lie

Published on May 11, 2010 6:23 PM by dbo.

The $52.5 million figure may have included "luxury upgrades" but I think that was obvious, the stadium needed to be not only safe, but advanced to allow revenue growth. To let an opportunity for a new stadium pass by even if the old stadium required no immediate repairs would be silly. It is, after all, bridge financing. When David Asper defaults on the deal, then you can claim taxpayers are building the stadium.

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