OTPP not going to sell MLSE
Old 11-25-2011, 11:02 AM   #1 (permalink)
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Teachers won’t sell MLSE - The Globe and Mail

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The Ontario Teachers’ Pension Plan has decided not to sell its stake in Maple Leaf Sports and Entertainment Ltd.

The pension plan has wrapped up an eight-month process during which it explored its options and said Friday that that it wants to hold onto its 79.5-per-cent stake in MLSE.

Teachers’ received and considered numerous offers for the sports franchise, sources said. But the pension fund is keen on the prospects for both the teams and the company. And it believes it can take actions that will help the Toronto Maple Leafs perform better, sources suggested.
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Old 11-25-2011, 11:23 AM   #2 (permalink)
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I beleive truly it's OTPP CAN'T sell MLSE.
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Old 11-25-2011, 11:25 AM   #3 (permalink)
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or at least not for what they wanted to get in return.
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Old 11-25-2011, 03:55 PM   #4 (permalink)
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It hasn't been a good financial market the past year. Its hard to find a buyer when lots of people and companies have been losing money.
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Old 11-25-2011, 04:38 PM   #5 (permalink)
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They simply want too much.

18x EBIDA
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Old 11-25-2011, 05:44 PM   #6 (permalink)
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What about the raptors
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Old 11-25-2011, 05:56 PM   #7 (permalink)
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What about the raptors
What do you mean?
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Old 11-25-2011, 09:50 PM   #8 (permalink)
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Fucking depressing. They've pretty much proven the point that ownership like this is no way to run a franchise beyond maximizing profits. Too many cooks in the kitchen has killed them over and over again. I don't want to smell what they're cooking anymore. And I don't like the prospects of the business of sport, if there is such a limited pool of prospective owners.
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Old 11-25-2011, 11:04 PM   #9 (permalink)
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Originally Posted by 'trane View Post
Teachers won’t sell MLSE - The Globe and Mail

And it believes it can take actions that will help the Toronto Maple Leafs perform better, sources suggested.
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What do you mean?
thats what he meant. fuck the leafs! we need some more money!
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Old 11-25-2011, 11:59 PM   #10 (permalink)
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Originally Posted by LX View Post
Fucking depressing. They've pretty much proven the point that ownership like this is no way to run a franchise beyond maximizing profits. Too many cooks in the kitchen has killed them over and over again. I don't want to smell what they're cooking anymore. And I don't like the prospects of the business of sport, if there is such a limited pool of prospective owners.
'Tis a rare occasion indeed - completely agree.
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