Tuesday, March 8, 2011

True North (Part Three of a Series)

You know, it's funny... when it's been a wind chill in the mid to high 40s for three weeks, and then it actually starts getting cold, they don't bother posting the wind chill any more.  The wind is currently blowing at 80Ks, for the second time now I have a shovel propped against the door handle, because the latch alone can't keep the door shut against the wind.  At this point, you just say that it's cold.  Don't worry about the wind chill, it'll only make you feel bad.
The True North Corporation currently owns the Manitoba Moose, the MTS Centre, and the ground that it sits on.  The "minority" shareholder is David Thomson.  I put minority in quotation marks, because he chooses to be seen in that light, while he has shares under several different entities, and is clearly the vast majority shareholder.  He is from, and lives in Toronto, and is currently the 20th richest man in the world.  His wealth is estimated at about 13 billion dollars.  He is smart enough to appoint a local guy (Mark Chipman), who also owns shares, to be the figurehead of the corporation.  That way he doesn't have to appear to be an absentee owner, because he's a "minority" share holder, with a local guy in charge.
As opposed to every previous effort in Winnipeg (including the former Jets) that included some form of community ownership (which never works), there is actually a solid owner who can clearly see his way through some rough waters, while whatever team it might be, tries to get the ship righted.  There has never been this kind of solid ownership group involved in Winnipeg before, and it's only because of that, that I have any confidence at all in even the remote possibility of a team coming back to "The Peg".

Stay tuned.

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