Monday, July 13, 2009

BC Lions

THERE IS A STORM COMING…
AND IT COULD HAVE A DRAMATIC IMPACT ON THE SPORTS LANDSCAPE OF THIS CITY…
TO START WITH:
ON FRIDAY CANWEST GLOBAL COMMINUCATIONS POSTED A LOSS OF $110 MILLION DOLLARS FOR THE LAST QUARTER…
ITS TOTAL DEBT LOAD IS NOW ALMOST $4 BILLION…AND IS FACING A DEADLINE OF JULY 31ST TO DEAL WITH ITS CREDITORS…
KEEP IN MIND…IN THIS MARKET ALONE…CANWEST OWNS:
THE VANCOUVER PROVINCE…THE VANCOUVER SUN…THE NATIONAL POST…AND B.C.T.V…
SHOULD THE COMPANY GO INTO BRANKRUPCY…IT’S ANYBODY’S GUESS WHAT THE FALL OUT WOULD BE…
BUT THERE IS A REAL POSSIBILITY…ONE OF THE LOCAL NEWS PAPERS COULD BE SHUTDOWN…
AND THAT WOULD RESULT IN THE LOSS OF A LOT OF JOBS…
INCLUDING A NUMBER INN THE SPORTS DEPARTMENT…
WHAT HAS ADDED FUEL TO THIS FIRE IS ALL THE TALK ABOUT THE B.C. LIONS LOOKING TO HIRE A NEW PRESIDENT…
THE MAN ON THE TOP OF THE LIST IS DENNIS SKULSKY….
THE PRESIDENT AND CEO OF CANWEST PUBLISHING…
BOTH SKULSKY AND THE OWNER OF THE LIONS DAVID BRALEY DENY THE RUMORS…
RIGHTFULLY SO…SKULSKY IS STILL UNDER CONTRACT…
BUT KEEP IN MIND…
A YEAR AGO…BRIAN BURKE DENIED HE HAD ANY INTEREST IN GOING TO TORONTO…AND SEE HOW THAT WORKED OUT…
HERE’S WHAT WE DO KNOW…
SKULSKY HAS A LONG RELATIONSHIP WITH THE OWNER OF THE LIONS DAVID BRALEY…
HE WAS ALSO GOOD FRIENDS WITH FORMER PRESDENT BOBBY ACKLES…
AND IT WAS SKULSKY WHO WAS THE CHAIR OF THE 2005 GREY CUP COMMITTEE…
NOW…IN A PERFECT WORLD…THE LIONS COULD NOT AFFORD TO HIRE SOMEONE LIKE DENNIS SKULSKY…
LAST YEAR ALONE…HE MADE OVER A MILLION DOLLARS…
BUT IF CANWEST IS ABOUT TO BE RESTRUCTURED…
SKULSKY AND HIS SALARY COULD BE ONE OF THE FIRST CAUSUALTIES…
AND THAT GETS US BACK TO THE LIONS…
WITHIN A MATTER OF A FEW WEEKS…THIS STORM COULD LEAVE THE LIONS WITH A NEW PRESIDENT...
BUT UNFORTUNATELY…IT COULD COME…AT A TREMENDOUS COST…