AGRI Biz

Quebec City's quest to get its old NHL team, the Nordiques, back has been stalled—at least temporarily. To recap the current status: Quebec has public support—80,000 signatures on a petition to get the team back. Quebec has a first-class investor fronting a bid: Quebecor. Quebec has civic support; the mayor is willing to pledge $50 million for a new arena. Quebec has talked to Gary Bettman, who is urging an NHL-size arena be built that is projected to cost $400 million. Quebecor has hired a company to do a feasibility study. And there it ends.  Quebecor has the money to front a franchise bid, but not enough to make a bid and build a new arena. The upcoming feasibility study will ask 1,000 people—hopefully, they are from the 80,000 who signed the petition—if t ...

Read Full Article at Bleacher Report - NHL
Article written by Steve Thompson