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  1. 12-13-2017, 04:39 PM #1
    IrishDoubleBlue
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    MLSE purchase the Argos

    https://twitter.com/680NEWS/status/941058829562843137

    #BREAKING: Maple Leaf Sports & Entertainment (MLSE) has announced an agreement to acquire the Toronto Argonauts Football Club of the Canadian Football League (CFL)
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  2. 12-13-2017, 04:40 PM #2
    argos1873
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    https://www.cfl.ca/2017/12/13/mlse-a...nto-argonauts/
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  3. 12-13-2017, 04:44 PM #3
    ArgoGabe22
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    So how much money did Larry and Bell make? I see this as more of an added partner, rather than a acquisition. But I guess technically Bell and Larry sell the club to Larry, Bell and Rogers
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  4. 12-13-2017, 04:50 PM #4
    QBall
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    Great news, but does this mean Sportsnet actually has to report positive news on the Argos now?
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  5. 12-13-2017, 04:51 PM #5
    R.J
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    Love it !
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  6. 12-13-2017, 04:55 PM #6
    Shipyard
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    yes, net result just selling part of the team to rogers.
    Probably makes logistics, ticketing, etc easier.


    FYI: rogers is looking at selling its sports assets - Jays and MLSE stake. Bell probably has rights to buy rogers share, so 3 years from now its will be just LT & Bell owning MLSE. Rogers needs cash badly to upgrade its network to make its comparable to huge $$$ Bell/Telus spent on their networks.
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  7. 12-13-2017, 04:59 PM #7
    R.J
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    Quote Originally Posted by Shipyard View Post
    yes, net result just selling part of the team to rogers.
    Probably makes logistics, ticketing, etc easier.


    FYI: rogers is looking at selling its sports assets - Jays and MLSE stake. Bell probably has rights to buy rogers share, so 3 years from now its will be just LT & Bell owning MLSE. Rogers needs cash badly to upgrade its network to make its comparable to huge $$$ Bell/Telus spent on their networks.
    ???
    Rogers wants to sell the Blue Jays and it's share in Cogeco, nothing about MLSE, and I highly doubt Rogers would want to lose the Leafs.
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  8. 12-13-2017, 04:59 PM #8
    Mightygoose
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    Great news for the Argos and the CFL in general.

    This should have been done years ago.

    So does this mean their sub lease at BMO is out the window and they're equal footing with TFC in this regard?
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  9. 12-13-2017, 04:59 PM #9
    1971GreyCup
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    Quote Originally Posted by Shipyard View Post
    yes, net result just selling part of the team to rogers.
    Probably makes logistics, ticketing, etc easier.


    FYI: rogers is looking at selling its sports assets - Jays and MLSE stake. Bell probably has rights to buy rogers share, so 3 years from now its will be just LT & Bell owning MLSE. Rogers needs cash badly to upgrade its network to make its comparable to huge $$$ Bell/Telus spent on their networks.
    My first thoughts on Rogers divestiture of the Blue Jays. Also noticed an uptick on Argos discussions recently on Sportsnet. A huge step forward.
    “it's not the strongest who survive nor the most intelligent but the ones most adaptable to change.’ Charles Darwin
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  10. 12-13-2017, 05:05 PM #10
    R.J
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    Quote Originally Posted by Mightygoose View Post
    So does this mean their sub lease at BMO is out the window and they're equal footing with TFC in this regard?
    I've been wondering this as well. I think TFC would still be the "primary" tenant at BMO due to the amount of games they play, but I think we'll see a lot more permanent Argos signage in and out of BMO. I also wonder if the lease with the City has to be re-done ?
    No more rental fee to MLSE, so there's some savings there.
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  11. 12-13-2017, 05:06 PM #11
    R.J
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  12. 12-13-2017, 05:08 PM #12
    bluto
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    That's a relief... I was getting worried that the rest of the CFL didn't hate us enough...
    #MAKEARGONAUTSGREATAGAIN
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  13. 12-13-2017, 05:09 PM #13
    rdavies
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    TFC heads are blowing up as we speak : )
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  14. 12-13-2017, 05:10 PM #14
    bluto
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    Quote Originally Posted by R.J View Post
    No more rental fee to MLSE, so there's some savings there.
    That isn't how business works...
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  15. 12-13-2017, 05:12 PM #15
    R.J
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    Quote Originally Posted by bluto View Post
    That isn't how business works...
    Huh... ?
    TFC doesn't pay rent to MLSE, the Argos did have to, MLSE then pays a fee to the City which used to be percentage based, but it now a set rate. If the Argos are now owned by MLSe, why would they have to pay rent to the parent company ?
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  16. 12-13-2017, 05:20 PM #16
    bluto
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    Quote Originally Posted by R.J View Post
    Huh... ?
    TFC doesn't pay rent to MLSE, the Argos did have to, MLSE then pays a fee to the City which used to be percentage based, but it now a set rate. If the Argos are now owned by MLSe, why would they have to pay rent to the parent company ?
    And MLSE just decides to pay that fee to the city out of its own pocket because why?

    Having MLSE as the governor of the facility and the club is great. It protects us against a landlord who won't care about giving us a good deal monetarily or one that suits the club. It doesn't mean that we don't have a landlord. It just means that our landlord is family.
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  17. 12-13-2017, 05:25 PM #17
    Mightygoose
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    Quote Originally Posted by bluto View Post
    And MLSE just decides to pay that fee to the city out of its own pocket because why?

    Having MLSE as the governor of the facility and the club is great. It protects us against a landlord who won't care about giving us a good deal monetarily or one that suits the club. It doesn't mean that we don't have a landlord. It just means that our landlord is family.
    How I understand it, the landlord in an Argos perspective is now the city. MLSE being the tenant, the Argos are now a brand under the MLSE umbrella. Same as TFC.

    I'm hoping the Argos can now get some more permanent signage in the stadium so it could be both teams' home. Maybe some new Grey Cup banners (since we're adding one) that can always stay up.
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  18. 12-13-2017, 05:25 PM #18
    Golden Fleece
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    Quote Originally Posted by QBall View Post
    Great news, but does this mean Sportsnet actually has to report positive news on the Argos now?
    They talked about this on 590 on the drive home and basically acknowledged their own negativity in the past as they started to soften their position before our eyes. It was Broadhead and Cox IIRC.
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  19. 12-13-2017, 05:27 PM #19
    bluto
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    Quote Originally Posted by Mightygoose View Post
    How I understand it, the landlord in an Argos perspective is now the city. MLSE being the tenant, the Argos are now a brand under the MLSE umbrella. Same as TFC
    Neither scenario gets us free rent is all I'm saying. We're paying somebody no matter what.
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  20. 12-13-2017, 05:30 PM #20
    R.J
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    Quote Originally Posted by Golden Fleece View Post
    They talked about this on 590 on the drive home and basically acknowledged their own negativity in the past as they started to soften their position before our eyes. It was Broadhead and Cox IIRC.
    Brad Fay and Damien Cox.
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