McCain on Expansion:Go slow, Atlantic Canada & Moncton

The rich McCain brother, the President and COO of McCain Foods opined at length about having a regional team in Atlantic Canada and based out of Moncton.
Here is the read.

[url=http://timestranscript.canadaeast.com/sports/article/1443614]http://timestranscript.canadaeast.com/s ... le/1443614[/url]
"I know I can speak for companies like McCain Foods and Maple Leaf Foods," he said. "I think they would find difficulty in it because to be honest that's not an area where they usually play. They don't play a lot of sports marketing.

"It's going to take a lot of soul searching to figure out where is there a pocket of corporate sponsorship that will make this thing fly. I'm not sure about that yet. I think that's the bigger piece than the fan base. You'll have to go to Atlantic Lotto, Blue Cross, East Link and these companies that are regional. Regional companies would have to take an interest in it."

The CFL commissioner hasn't yet approached anyone from the Irving family about being part of his Atlantic advisory council. Cohon said that he will probably talk to Robert Irving at some point.

"I know that Robert Irving has no interest in this," said McCain. "Frankly, if an Atlantic CFL team is going to fly it would be really nice to have the Irving family take an interest in it."


so essentially, McCain is not going to commit anything financially to a franchise in Atlantic canada - no sponsorship - just his views. lame.
i'd rather listen to the guy willing to pony up cash.

sad to hear Irving has no interest.

The contents of this article really does not paint a pretty picture into short term expansion.
In fact, McCain suggests a much longer plan if any.
Like we previously knew, the McCain and Irving family do not want to be involved.

He never said anything about not investing anything. And you didn't hear it from Irving that he wasn't interested. Do you always believe what others tell you so-and-so said?

Maybe they don't want to get involved YET. There isn't enough of a plan for anybody to commit to anything.

DENIAL...lol

Ugh, I wish someone would just get a move on things and get this started already! I wanna take a trip to Halifax to watch a CFL game! :smiley:

Business leaders tend to talk to each other, so engaging local business leaders is the only way this is going to happen long term. It's a smart move by the league.

Why is McCain even commenting on this unless he has been approached as an investor in some part...odd..

And as one of the wealthiest citizens of Canada, why doesn't he pony up some dough for an Atlantic franchise.
It wouldn't make much of a dent to his total fortune, yet will endear himself to Eastern Canada as well as CFL fans nationally.

And it would be great PR and goodwill for him and his corporation.

From ye olde TFA...

CFL commissioner Mark Cohon is forming a new advisory council that comprises Atlantic Canada business leaders. McCain is part of this council that's designed to help Cohon look into the league's future in this part of the country.
That would be why he's commenting on it.
And as one of the wealthiest citizens of Canada, why doesn't he pony up some dough for an Atlantic franchise. It wouldn't make much of a dent to his total fortune, yet will endear himself to Eastern Canada as well as CFL fans nationally.

And it would be great PR and goodwill for him and his corporation.


People who are wealthy didn't get that way and don't stay that way by investing in things they don't think will make money. Pro sports isn't a charity; people expect to get a return on the investment.
Tridus wrote: People who are wealthy didn't get that way and don't stay that way by investing in things they don't think will make money. Pro sports isn't a charity; people expect to get a return on the investment.
Of course. Business is business.

Corporations still invest in entities that make little/no money if there is a synergistic aspect that can improve other subsidiary businesses, or even the core business of a corporation.

For instance, the Jays lose money as an individual entity, although increase profits for other Rogers owned affiliates and subsidiaries via the synergistic spinoffs.

Who knows McCain would incur an overall corporate benefit from owning an Atlantic CFL team. I guess he would have to crunch some numbers and ascertain if the logistics are there.

Here is the latest article from today's National Post, which quotes the portion of the initial article in Moncton.

[url=http://sports.nationalpost.com/2011/09/29/atlantic-expansion-a-tricky-play/]http://sports.nationalpost.com/2011/09/ ... icky-play/[/url]

Mr. McCain is likely commenting because reporters are going to him after Cohon dropped his name. That's the down side of naming potential investors... Your damned if you do and damned if you do not. I've been saying on here for a year that Atlantic Canada is no ready to host a CFL team... Corporations right now are focusing on their core business, it is treaturous times and there is no history of the CFL in Atlantic Canada so the CFL needs to continue to promote its brand the way it is in Moncton for 10 years or so and we need an international event to come along and make it viable to build a stadium, right now if you look at Winnipeg, the cost of a proper CFL venue is around 150 million dollars.

My concern with Halifax building an unsuitable stadium for a couple soccer games is that once the feds have commited to that it will make it more difficult to go back to the well down the road...

Another problem is the CFL dancing around in its support in the hopes that a CFL venue is built in Halifax... When you flirt with two chicks you will likely lose both...

What the CFL should do is look for a potential owner in the likes of Robert Wetenhaul and then take the party to NB and Moncton politicians and say, we have an owner with a conditional franchise if you build "THIS"... Now you have the argument that you are creating jobs both part time and full time, you are bringing people in to hotels , restaurants and gas pumps... at that point 150 million dollar mortgage MIGHT be justified.

That's how I see it.

I think Cohon needs to get some balls and make a bold statement. something like "You give us a 30,000 person stadium and 22,000 season ticket holders, and we will give you a team." Might be a "put up or shut up thing." if they dont deliver, no team.

Give it to who? Are they going to throw the ownership papers out of a plane and whoever catches them is the new owner?

You need an owner... You can't build a 150 million dollar building with no tenant or revenu generating anything... But the owner does not need to be a "local". I met one of the richest americans (multi-billionaire) at the Halifax Casino Fife and Drums a few years back. Him and his wife would fly in on his private Lear every couple of months, just cause they loved the city...

And further to Hfx's point, Bob Wetenhall is not local, but has been a model owner since the Als came back into the league. I think people have nightmares of the Gliebermans and the Feteriks and think that all outside ownership is bad, when in reality a smart, committed owner with deep pockets and the ability to delegate football operations can get the job done even if he's not from the area.

I have been wondering if a community owner team would work out east. we have 3 teams now community owned and it works. so if the staduim and the fans are there... maybe it would work.

I like the idea of a community owned team. But if the team is to represent all of Atlantic Canada, it will be a challenge to identify it with a city or a province. And using the term "Atlantic" before a name seems awakward to me. I do think "Privateers" would be a fantastic name, as the term privateer is commonly known from the song Barretts Privateers. Maybe the East Coast Privateers would work?

"Atlantic" as a designation includes Newfoundland. What we're realistically talking about here is the Maritimes (NS/NB/PEI).

"Maritime Privateers" isn't bad.

I doubt most of the CFL owners want any more community owned teams... just an opinion...