Read in today's WPG Free Press that a deal is almost certainly getting the go ahead, new stadium will be announced as early as next week. Premier Greg Selinger has stepped in to ensure the new home for The Bombers will be built at the UofM site, in spite of Aspers delays with Crestwin Properties.
Late on Friday Selinger, Crestwin, The City of Winnipeg, The Blue Bombers and the Federal Government have a deal hammered down, but at a scaled down stadium is likely and Construction should start this summer. Costs are unknown at this time, but the government is left with no choice because the longer the new stadium is delayed, the more expensive it be to fix up the current stadium property.
One estimate has a new price tag of 100 million, down from the original 135 million, Selinger does not want a deal like the new stadium to die on his watch, he states he needs a high profile project such as this with an election 15 months away. Asper has alot of support.
Under the new worked deal , Crestwin will be granted a seat on the Bombers board with the option that he can buy the stadium when the company secures enough tenants to get it's high end concept is being built for Asper to develop the land and until that happens the new stadium will still be built. In the interim the Bombers will remain as a community sponsored, also a non profit presided over the BOD'S.:rockin: