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  #21  
Old 04-07-2022, 07:52 PM
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How reliable is the person that runs this page? Just curious
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  #22  
Old 04-07-2022, 07:56 PM
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Not great news. Rumours about Brantford getting an OHL team comes up a lot. I would imagine he wouldnít be able to move the team until the lease ends. It would be a dumb move to relocate the team but being that he owns 2 brantford hockey teams, the rumours will start again.
They don't have a suitable arena and the fan base is still here. Brantford has a history of not supporting their teams in numbers that would support an OHL franchise.
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  #23  
Old 04-07-2022, 08:33 PM
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I was just told the sale is already done but I’ll actually believe it when I see it
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  #24  
Old 04-07-2022, 08:47 PM
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I was just told the sale is already done but Iíll actually believe it when I see it
Is this the Facebook thing or something else.
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  #25  
Old 04-07-2022, 09:04 PM
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Is this the Facebook thing or something else.
No someone just responded to something I said on Twitter and said sold for 20 million but I donít know how reliable that is but thought it was interesting enough to post in here
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  #26  
Old 04-07-2022, 09:09 PM
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No someone just responded to something I said on Twitter and said sold for 20 million but I donít know how reliable that is but thought it was interesting enough to post in here
20 Mill?

Normally itís 7 to 10 times earnings. That would mean 2 or 3 million in annual profit. Hmmm.
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  #27  
Old 04-07-2022, 10:12 PM
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No someone just responded to something I said on Twitter and said sold for 20 million but I donít know how reliable that is but thought it was interesting enough to post in here

I have a hard time believing it sold for that much.

I do think they will sell the team they have lost so much credibility and goodwill with fans and the region. How will this affect sponsorships in the future I am also guessing some fans will not renew. Add in the bs of the pandemic and inflation and if I were the Burkes and my boys were just suspended for two years I would sign on the dotted line for that kinda cake in a nanosecond


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  #28  
Old 04-07-2022, 10:22 PM
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I was just told the sale is already done but I?ll actually believe it when I see it

If a sale has already been completed than the sale was likely contemplated and agreed to long before BB and JB had their verbal diarrhea .

These transactions take many months to move from start to finish. Negotiations on price, wording of agreement, due diligence performed by the buyer, vetting of the buyers financing by the seller, all takes a lot of hours to properly do.

So if a sale has in fact occurred then Mom and Pop put the wheels in motion for that sometime last year IMO . . .


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  #29  
Old 04-07-2022, 10:35 PM
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Originally Posted by strohs View Post
If a sale has already been completed than the sale was likely contemplated and agreed to long before BB and JB had their verbal diarrhea .

These transactions take many months to move from start to finish. Negotiations on price, wording of agreement, due diligence performed by the buyer, vetting of the buyers financing by the seller, all takes a lot of hours to properly do.

So if a sale has in fact occurred then Mom and Pop put the wheels in motion for that sometime last year IMO . . .


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It might not all be done but they couldíve just agreed on a price like I said earlier Iíll believe it when itís done but just found it interesting that the person brought it up so thought Iíd mention it
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  #30  
Old 04-07-2022, 10:38 PM
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Originally Posted by 5 for fighting View Post
Not great news. Rumours about Brantford getting an OHL team comes up a lot. I would imagine he wouldnít be able to move the team until the lease ends. It would be a dumb move to relocate the team but being that he owns 2 brantford hockey teams, the rumours will start again.
No decent arena Hamilton might block it.
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