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Published on April 23, 2013 9:11 PM by dbo.
Faced with $1 million in development costs for Investors Group Field while still playing at Canad Inns Stadium (adding $1.6 million in occupancy costs) plus a $400,000 write down on the disposal of stadium assets, the Bombers end up recording a loss of $758,000 in 2012 even though their revenue exceed expenses by almost $750,000.
In addition to the the 2012 financials, the Bombers announced they had exceeded last year’s record season ticket sales with 23,000 subscribers so far for the upcoming season. In addition to football, the new stadium is to get a workout with concerts and events while the old one comes down.