BC Lions to be SOLD within Months!

BC Lions to be SOLD within Months!

by drummer_god » Thu Jul 13, 2017 12:16 pm

http://3downnation.com/2017/07/13/repor ... asons-end/

B.C. Lions owner David Braley expects to have an agreement over the next couple months that would close the sale of the team at the end of the season, according to TSN’s Farhan Lalji.

In March, Braley made his first public comments since he became seriously ill over a year prior and reiterated his plans to sell the Lions.

“It has to be sold,” Braley told 3DownNation’s, Lowell Ullrich. “I’m 75 years old. I don’t want to be sitting here at 95 owning the franchise.”

Lalji:
Told David Braley has narrowed his list of potential buyers to "a few" groups. Mainly local, one not local. In the same price ballpark. ...I'm told Braley expects to have a deal in place for #BCLions within a couple of months, that would close at end of season. @CFLonTSN
Image
User avatar
Hall of Famer
 
Posts: 11654
Joined: Wed May 17, 2006 4:43 pm
Location: London, Ont.

Re: BC Lions to be SOLD within Months!

by Mightygoose » Thu Jul 13, 2017 12:47 pm

Hopefully it's to one of the local groups. Cancuks or Sidoo would be good IMO.

It's been dragging on too long and it's clearly showing. Fresh thinking and strong local business ties are a must.

Hopefully no future Grey Cup revenue paybacks either.
User avatar
All-Star
 
Posts: 1538
Joined: Fri Jul 04, 2014 11:04 am

Re: BC Lions to be SOLD within Months!

by KevinRiley2 » Thu Jul 13, 2017 1:05 pm

Any hint at the price?
User avatar
All-Star
 
Posts: 8652
Joined: Sun Dec 13, 2015 2:46 pm

Re: BC Lions to be SOLD within Months!

by RedandWhite » Thu Jul 13, 2017 1:26 pm

...you cannot afford it
There is no dark side of the moon really. Matter of fact it's all dark.
Site Staff
 
Posts: 15113
Joined: Fri Apr 01, 2005 9:34 am
Location: Calgary

Re: BC Lions to be SOLD within Months!

by yougottabekidding » Thu Jul 13, 2017 1:35 pm

Mightygoose wrote:Hopefully it's to one of the local groups. Cancuks or Sidoo would be good IMO.

It's been dragging on too long and it's clearly showing. Fresh thinking and strong local business ties are a must.

Hopefully no future Grey Cup revenue paybacks either.

Agreed, both the Canucks (my guess) or Sidoo would be great. Organization needs new, motivated stewardship or it's just going to fade away.
User avatar
Veteran
 
Posts: 520
Joined: Tue Aug 06, 2013 1:01 pm
Location: Kits

Re: BC Lions to be SOLD within Months!

by Aerial » Thu Jul 13, 2017 1:38 pm

Maybe having a local buyer will be better overall for the Lions. If they do end up in local hands that is.

As much as I know some aren't keen on David Braley as the owner, I think each one of us here can wish all the best of health to him now and in the future. Sounds like Braley himself knows he doesn't have the motivation etc. with his health issues to put energy into the franchise to make it work for the best.
Resilience is accepting your new reality, even if it's less good than the one you had before - Elizabeth Edwards
User avatar
All-Star
 
Posts: 2907
Joined: Fri Dec 11, 2015 12:22 pm
Location: Hamilton, ON

Re: BC Lions to be SOLD within Months!

by PTBO Dave » Thu Jul 13, 2017 1:40 pm

RedandWhite wrote:...you cannot afford it


If that's directed at Kevin, guess again. The guy buys and sells entire investment banks, for crying out loud.

Hopefully, though, he takes a pass on the Lions. Who wants to watch a bunch of robot players and cheerleaders? :thdn:
What all men speak well of, look critically into; what all men condemn, examine first before you decide.
-Confucius

When people are fanatically dedicated to political or religious faiths or any other kind of dogmas or goals, it's always because these dogmas or goals are in doubt. -Robert M. Pirsig
User avatar
All-Star
 
Posts: 1628
Joined: Tue Dec 22, 2015 6:17 am

Re: BC Lions to be SOLD within Months!

by RedandWhite » Thu Jul 13, 2017 2:13 pm

...he'd make all his players earn $31,000
There is no dark side of the moon really. Matter of fact it's all dark.
Site Staff
 
Posts: 15113
Joined: Fri Apr 01, 2005 9:34 am
Location: Calgary

Re: BC Lions to be SOLD within Months!

by Preisst » Thu Jul 13, 2017 2:18 pm

Well hopefully the new owners can rejuvenate the apathetic market for CFL football that appears to exist.
"It is a sign of strength, not of weakness, to admit that you don't know all the answers." --John P. Lougbrane

ppull rulz!!!!
Starter
 
Posts: 464
Joined: Fri Nov 14, 2008 5:53 pm

Re: BC Lions to be SOLD within Months!

by EastVanMark » Thu Jul 13, 2017 2:19 pm

Lets hope this happens sooner than later. The CFL's version of Bill Wirtz needs to go
All-Star
 
Posts: 3263
Joined: Tue Jun 06, 2006 9:47 pm
Location: East Van

Re: BC Lions to be SOLD within Months!

by brianjoxx » Thu Jul 13, 2017 3:57 pm

Aerial wrote:Maybe having a local buyer will be better overall for the Lions. If they do end up in local hands that is.

As much as I know some aren't keen on David Braley as the owner, I think each one of us here can wish all the best of health to him now and in the future. Sounds like Braley himself knows he doesn't have the motivation etc. with his health issues to put energy into the franchise to make it work for the best.


Actually well said. First point. MOST teams have a president who runs total operations. They have a Business operator, a GM, Financial operator. OWNER doesn't even have a office or attend games. MOST CLUBS hope the owner stays away.!!!!!!!!!!!!!

Braley not at fault!! He pays the bill if its a financial loss year. BC is at salary cap max.
So what some are saying is untrue. You have to clean out the people running the business.
Braley doesn't do that.
Now where is Lyle???????????
Cheers
Starter
 
Posts: 366
Joined: Sat Jan 30, 2016 10:39 am
Location: vernon,bc

Re: BC Lions to be SOLD within Months!

by KevinRiley2 » Thu Jul 13, 2017 4:19 pm

PTBO Dave wrote:
RedandWhite wrote:...you cannot afford it


If that's directed at Kevin, guess again. The guy buys and sells entire investment banks, for crying out loud.

Hopefully, though, he takes a pass on the Lions. Who wants to watch a bunch of robot players and cheerleaders? :thdn:

Sadly, R&W is right. I can't afford it. I just hope whoever can, pays north of $20M. :)
User avatar
All-Star
 
Posts: 8652
Joined: Sun Dec 13, 2015 2:46 pm

Re: BC Lions to be SOLD within Months!

by Mightygoose » Thu Jul 13, 2017 4:29 pm

brianjoxx wrote:
Aerial wrote:Maybe having a local buyer will be better overall for the Lions. If they do end up in local hands that is.

As much as I know some aren't keen on David Braley as the owner, I think each one of us here can wish all the best of health to him now and in the future. Sounds like Braley himself knows he doesn't have the motivation etc. with his health issues to put energy into the franchise to make it work for the best.


Actually well said. First point. MOST teams have a president who runs total operations. They have a Business operator, a GM, Financial operator. OWNER doesn't even have a office or attend games. MOST CLUBS hope the owner stays away.!!!!!!!!!!!!!

Braley not at fault!! He pays the bill if its a financial loss year. BC is at salary cap max.
So what some are saying is untrue. You have to clean out the people running the business.
Braley doesn't do that.
Now where is Lyle???????????
Cheers


I will agree that in a sales and marketing standpoint that falls at the feet of the president and his/her team under them. Both Ackles and Skulsky worked under Braley in the same role at different times and the results is night and day.

Where I would put Braley at fault is not recognizing or even caring to make changes in that end when he saw attendance fall year after year and watching the competition in the marketplace (Whitecaps) slowly gain and eventually surpassed them. Ownership that cares doesn't take that too kindly to their business and does more than cuts a cheque at the end of each year.

Though this league likely wouldn't be around without him, it's time to pass the torch and it's been far too long.
User avatar
All-Star
 
Posts: 1538
Joined: Fri Jul 04, 2014 11:04 am

Re: BC Lions to be SOLD within Months!

by Grover » Thu Jul 13, 2017 6:09 pm

KevinRiley2 wrote:Sadly, R&W is right. I can't afford it. I just hope whoever can, pays north of $20M. :)


I suspect that number is close
Image
Thanks to @Doc_Dave for sig
User avatar
All-Star
 
Posts: 7755
Joined: Sat Jul 10, 2010 10:35 am

Re: BC Lions to be SOLD within Months!

by canadianfootballfan » Thu Jul 13, 2017 7:58 pm

KevinRiley2 wrote:Any hint at the price?


About 20-25 million, last I heard. A bargain really...

I remember the 90's when CFL teams were only worth 2-5 million.
User avatar
Veteran
 
Posts: 918
Joined: Tue May 26, 2015 8:52 pm

Next

Users browsing this forum: No registered users and 46 guests