The funds behind the Leafs' empire
Internal financial statements show MLSE generated profit of $83 million on revenue of $383 million in the year ended June 30. The internal documents also show the company forecasts a profit of $105 million by 2011 on revenue of $477 million. Over the same period, ticket revenue is expected to increase 30 per cent, to $166 million.
The Star goes Leafs crazy today, and has one more piece worth a read from University of Toronto assistant dean Richards Powers where he lays out why fans are partly to blame for the team's struggles.
It's been a tough week for team ownership in the press, for some reason.
Labels: Maple Leafs