Originally Posted by
WestStandGeoff
MLSE does not profit from National team matches at BMO, so I don't see a conflict of interest even if Earl is influencing that to happen.
This is from the agreement (sorry for the fonts, adobe is screwing up...or I am screwing it up:
Through the management agreement, MLSEL, the City/Board, and to a lesser extent the CSA,would participate in the sharing of the stadium’s potential financial outcomes. Net revenuesgenerated by the stadium are to be distributed in the following priority:
1. to the City/Board and MLSEL to the extent of any prior contributions to excess operatingcosts;
2. to the City/Board $250,000 and MLSEL $250,000;
3. thereafter, to:
•
CSA, 33% as a rebate of its user fees, up to the amount of such fees for the year inquestion; and
•
The City/Board and to MLSEL the balance (50:50).
In addition to sharing in stadium net revenues with the Board/City, MLSEL would also receive
an annual management fee of $200,000.
http://www.ottawa.ca/calendar/ottawa...o%20Report.pdf