That would all depend on how the different businesses are structured. In all likelihood they would remain seperate entities on the books. It would all depend on what sort of rental contract Braley's BC Lions Football Club would be able to negotiate with Braley's BC Place Corporation. Often what fuels a desire for such a purchase are the synergies that come out of owning both businesses. That could come from combining staffs and eliminating redundent positions. For the Lions maybe they get out of the Surrey practice facility and use BC Place exclusively.Dan_Payne_fan!! wrote:would the lions get the concessions and stuff if he bought BC Place?
To put the concession thing into perspective I used to work for Canfor's Englewood Logging Division on Vancouver Island where logs were the end product. One of our customers was Canfor's Eburne Sawmill which used to be under the north end of the Arthur Lang Bridge. Englewood was always profitable and Eburne lost money every year. It would've been easy to make Eburne's bottom line look better if Canfor "sold" the logs internally at a reduced rate. But that would only serve to understate the profitability of the Englewood operation. Thus logs were transfered at market value so both divisions' books could reflect the true picture of the different businesses.
Similarly it would make no sense to see the Lions "get" the concessions. That would be robbing Peter to pay Paul. It would make the Lions' books look better but would understate the operational value of the BC Place side of the business. At the end of the day everything would be a wash in Braley's pockets but the reality is it would probably be more desirable for him if he owned both to have BC Place's bottom line to be black than for the Lions'.
