True North seeking debt help from gov’t in NHL bid
Advertisement
Read this article for free:
or
Already have an account? Log in here »
To continue reading, please subscribe:
Digital Subscription
One year of digital access for only $1.44 a week*
- Enjoy unlimited reading on winnipegfreepress.com
- Read the E-Edition, our digital replica newspaper
- Access News Break, our award-winning app
- Play interactive puzzles
*Billed as $5.77 plus GST every four weeks. After 52 weeks, price increases to the regular rate of $19.95 plus GST every four weeks. Offer available to new and qualified returning subscribers only. Cancel any time.
To continue reading, please subscribe:
Add Free Press access to your Brandon Sun subscription for only an additional
$1 for the first 4 weeks*
- Enjoy unlimited reading on winnipegfreepress.com
- Read the E-Edition, our digital replica newspaper
- Access News Break, our award-winning app
- Play interactive puzzles
*Your next Brandon Sun subscription payment will increase by $1.00 and you will be charged $17.95 plus GST for four weeks. After four weeks, your payment will increase to $24.95 plus GST every four weeks.
Read unlimited articles for free today:
or
Already have an account? Log in here »
Hey there, time traveller!
This article was published 17/05/2011 (5636 days ago), so information in it may no longer be current.
WINNIPEG – The game-plan to return NHL hockey to Winnipeg is banking on a financial assist from the Manitoba government, the Free Press has learned.
While negotiations are underway between True North Sports and Entertainment Ltd. and the ownership group of the Atlanta Thrashers, a critical part of Winnipeg’s pitch involves help from the Selinger government.
True North, which owns the MTS Centre, is looking to the province to help it manage the debt load it carries on the downtown arena in order to free up money to help pay for the relocation of the NHL team to Winnipeg.
A source said that request from True North is being studied by the province and in all likelihood will be accepted. The value of the request, or if it involves a low or no-interest loan, is not known.
“The building is a public asset,” said a source explaining why the province is interested in an arrangement that sees aid go to the MTS Centre. “It will never move.”
Premier Greg Selinger has refused to comment on the matter and his officials have said the deal between True North and the Thrashers is a private business matter.
Read Wednesday’s Free Press for a full report on this exclusive story on the bid to bring NHL hockey back to Winnipeg
Related Articles
Local Thrasher suitors discredited
Advertisement Advertise With Us