Forbes list, Habs # 7 most valuable franchise
Ian
wonder when you hear Molson cry "loss of profits".
Do you believe the 7th most valuable franchise is really losing money?
I think if it was, the league would be bankrupt.
And this does not even include the beer revenues that result directly
from the Habs...
Forbes-Franchises List
(AP) -- Total values for NHL franchises, according to estimates by
Forbes magazine. All figures in millions.
New York Rangers 236
Philadelphia Flyers 211
Boston Bruins 197
Detroit Red Wings 194
Chicago Blackhawks 185
Montreal Canadiens 175
Florida Panthers 163
Colorado Avalanche 160
Toronto Maple Leafs 151
Dallas Stars 149
Washington Capitals 145
New York Islanders 142
St Louis Blues 137
New Jersey Devils 135
Nashville Predators 130
San Jose Sharks 123
Anaheim Mighty Ducks 117
Tampa Bay Lightning 112
Los Angeles Kings 109
Pittsburgh Penguins 100
Vancouver Canucks 96
Buffalo Sabres 91
Phoenix Coyotes 89
Ottawa Senators 79
Calgary Flames 78
Edmonton Oilers 72
Carolina Hurricanes 70
Marc Semonick
losing money.. that dollar value goes down every year. now whether molson is
conveniently hiding revenue/spending under different areas is another question
entirely and i believe was brought up during last season.
Marc
Jason Little
>The Habs are rated as the 7th most valuable franchise, kinda makes you
>wonder when you hear Molson cry "loss of profits".
>Do you believe the 7th most valuable franchise is really losing money?
>I think if it was, the league would be bankrupt.
>And this does not even include the beer revenues that result directly
>from the Habs...
>
Personally I think Molson is crying that they are losing money, to
increase their revenue. Think about it, cry about lose of profits...
hoping that taxes get cut....if they do then you start making more
money. I was at Saturdays game, and the Centre was pretty much sold
out. Add on the money for food and drinks...and I doubt that Molson is
losing anything at all.
madman
franchise, but if you're in the red, it only helps you when you sell and
Molson has lost 42 millions in the last 4 years!!!!!
Madman
Ian wrote in message <38420C...@vertigo.net>...
|The Habs are rated as the 7th most valuable franchise, kinda makes you
|wonder when you hear Molson cry "loss of profits".
|Do you believe the 7th most valuable franchise is really losing money?
|I think if it was, the league would be bankrupt.
|And this does not even include the beer revenues that result directly
|from the Habs...
|
madman
publishing that perticular list.
If you look ONLY at the team, Molson has been loosing money increasingly for
the past 4 years, it may be conveniant to loose a "little" but 17 millions
last year alone is way too much.
Madman
Marc Semonick wrote in message <38420d97...@news.v-wave.com>...
|5 years ago, i think.. maybe longer, the habs were #1.. that's how they're
|losing money.. that dollar value goes down every year. now whether molson
is
|conveniently hiding revenue/spending under different areas is another
question
|entirely and i believe was brought up during last season.
|
|Marc
|
|On Mon, 29 Nov 1999 00:19:21 -0500, Ian <i...@vertigo.net> wrote:
|
Earl Sibley
that a company that is incurring increasingly larger losses does not
INCREASE in value.
If you believe reports that they are losing money, then you are mad.
madman wrote in message ...
>You have no grasps of business, You very well may be the 1 rst most
valuable
>franchise, but if you're in the red, it only helps you when you sell and
>Molson has lost 42 millions in the last 4 years!!!!!
>
>Madman
>
>
>Ian wrote in message <38420C...@vertigo.net>...
Marc Semonick
at some point.. perhaps it was a list i saw in SI.. anyways, my original point
is that Molson's can conveniently hide revenue because they do not solely
operate the canadiens, but many other businesses as well. So, the only revenue
that they have to report as "team revenue" is ticket sales and merchandizing
while they can report any food and beverage sales elsewhere since it's not
directly team-related, and thus present a little bit of an illusion that they're
a poor and starving team. Nontheless they still do pay a heapload of taxes and
I'm sure that doesn't help.
Marc
Joe Cool
can't combine the different branchs of molson.
Earl Sibley <earl_...@yahoo.com> wrote in message
news:A%x04.624$zb1....@198.235.216.4...
madman
all.
Madman
Earl Sibley wrote in message ...
Earl Sibley
Since you make so many comments on this subject, I assume that you are a)
qualified to read
and understand a financial statement, and b) have reviewed Molson's
financial statement, and have in depth
knowledge of the revenues and costs of the Montreal Canadiens.
Perhaps you might like to comment on where the Habs are overspending, since
you have
performed this audit.
Ian
The #1 would not be #1 if they were losing money!
Ian
They are probably factoring-in the Molson center's purchase to distort
profits.
No way has Molson lost money on the Habs.
danny...@mailexcite.com
$30,000,000 on "Other"?
In article <YQz04.33140$Y_3....@wagner.videotron.net>,
"madman" <yve...@videotron.ca> wrote:
> go check their revenue statements, it's public knowledge and
accessable to
> all.
>
> Madman
>
> Earl Sibley wrote in message ...
> |I think you would agree that someone with a grasp of business would
know
> |that a company that is incurring increasingly larger losses does not
> |INCREASE in value.
> |
> |If you believe reports that they are losing money, then you are mad.
> |
> |
> |
> |madman wrote in message ...
> |>|Florida Panthers 163
> |>|Colorado Avalanche 160
> |>|Toronto Maple Leafs 151
> |>|Dallas Stars 149
> |>|Washington Capitals 145
> |>|New York Islanders 142
> |>|St Louis Blues 137
> |>|New Jersey Devils 135
> |>|Nashville Predators 130
> |>|San Jose Sharks 123
> |>|Anaheim Mighty Ducks 117
> |>|Tampa Bay Lightning 112
> |>|Los Angeles Kings 109
> |>|Pittsburgh Penguins 100
> |>|Vancouver Canucks 96
> |>|Buffalo Sabres 91
> |>|Phoenix Coyotes 89
> |>|Ottawa Senators 79
> |>|Calgary Flames 78
> |>|Edmonton Oilers 72
> |>|Carolina Hurricanes 70
> |>
> |>
> |
> |
>
>
Sent via Deja.com http://www.deja.com/
Before you buy.
madman
If you pay the same amount of municipal taxes (only municipal) as do
american teams, you turn the last 4 years total deficit of 34 millions into
a profit of 12 million for the same period.
It may not be much, relative to the total budget, but at least the
organization has much more room to move.
P.S. Earl, I am not a ca, just fairly educated and do my homework (usually)
before posting, what I just posted above, anyone could have done the same
with a little research because, as I stated before, it's public knowledge
and available to all.
Madman
Earl Sibley wrote in message <3%z04.635$zb1....@198.235.216.4>...
|Are you a CA?
|
|Since you make so many comments on this subject, I assume that you are a)
|qualified to read
|and understand a financial statement, and b) have reviewed Molson's
|financial statement, and have in depth
|knowledge of the revenues and costs of the Montreal Canadiens.
|
|Perhaps you might like to comment on where the Habs are overspending, since
|you have
|performed this audit.
|
|
madman
:) )
madman
be #1 because you are worth so much.
Madman
Ian wrote in message <3842DF...@vertigo.net>...
|They are in # 7 because of the enormous revenues the team generates!!
|The #1 would not be #1 if they were losing money!
|
|madman wrote:
|>
madman
anticipated revenues.
But even if they factor in Molson center (which they can't) if one makes
money and the other loses, if the end result is in the negative, what do you
suggest they do??????
Madman
Ian wrote in message <3842E1...@vertigo.net>...
|Bullshit they have lost all of that money!
|They are probably factoring-in the Molson center's purchase to distort
|profits.
|No way has Molson lost money on the Habs.
|
|
Earl Sibley
>
>If you pay the same amount of municipal taxes (only municipal) as do
>american teams, you turn the last 4 years total deficit of 34 millions into
>a profit of 12 million for the same period.
>
>It may not be much, relative to the total budget, but at least the
>organization has much more room to move.
>
>P.S. Earl, I am not a ca, just fairly educated and do my homework (usually)
>before posting, what I just posted above, anyone could have done the same
>with a little research because, as I stated before, it's public knowledge
>and available to all.
>
>Madman
>
What you have stated is conjecture on what you BELIEVE has contributed to
what you BELIEVE to be a team loss. I have little doubt that a profitable
company can follow
generally accepted accounting practices and show a "loss", but it defies
logic and
common sense that a non capital based company that is so unprofitable is so
valuable.
Also, since you purport to have done your homework perhaps you can refresh
my
memory on how many other money losing subsidiaries Molson keeps on the
books.
Winkie
entire shot on taxes and the whole cost of maintenance. Special events are
paying a nominal rental fee which does not cover costs. Hotel revenue is
seperated and interior advertising revenues are shared. Additional outside
revenue is either being deferred or minimised.
It is a legally true that they are not making money but indirect revenues
such as events and free advertsing for Molson are not valued. The subsidy
to special events is most interesting. I am not a CA either but the numbers
do not lie, they just kinda fib. Real revenues plus value added benefits
make the franchise quite valueable. This is not saying that they should not
get a tax break. They should be paying in accordance with the American
teams to make everything fair.
"madman" <yve...@videotron.ca> wrote in message
news:4NE04.33284$Y_3....@wagner.videotron.net...
> You assumed wrong, Earl, just did my homework (without sarcasm, I might
add
> :) )
>
> Madman
>
>
> Earl Sibley wrote in message <3%z04.635$zb1....@198.235.216.4>...
> |Are you a CA?
> |
> |Since you make so many comments on this subject, I assume that you are a)
> |qualified to read
> |and understand a financial statement, and b) have reviewed Molson's
> |financial statement, and have in depth
> |knowledge of the revenues and costs of the Montreal Canadiens.
> |
> |Perhaps you might like to comment on where the Habs are overspending,
since
> |you have
> |performed this audit.
> |
> |
to
> |>all.
> |>
> |>Madman
> |>
> |>Earl Sibley wrote in message ...
> |>|I think you would agree that someone with a grasp of business would
know
> |>|that a company that is incurring increasingly larger losses does not
> |>|INCREASE in value.
> |>|
> |>|If you believe reports that they are losing money, then you are mad.
> |>|
> |>|
> |>|
> |>|valuable
> |>|>franchise, but if you're in the red, it only helps you when you sell
and
> |>|>Molson has lost 42 millions in the last 4 years!!!!!
> |>|>
> |>|>Madman
> |>|>
> |>|>
> |>|>Ian wrote in message <38420C...@vertigo.net>...
> |>|>|The Habs are rated as the 7th most valuable franchise, kinda makes
you
> |>|>|wonder when you hear Molson cry "loss of profits".
> |>|>|Do you believe the 7th most valuable franchise is really losing
money?
> |>|>|I think if it was, the league would be bankrupt.
> |>|>|And this does not even include the beer revenues that result directly
> |>|>|from the Habs...
> |>|>|
> |>|>|Forbes-Franchises List
> |>|>|(AP) -- Total values for NHL franchises, according to estimates by
> |>|>|Forbes magazine. All figures in millions.
> |>|>|
> |>|>|New York Rangers 236
> |>|>|Philadelphia Flyers 211
> |>|>|Boston Bruins 197
> |>|>|Detroit Red Wings 194
> |>|>|Chicago Blackhawks 185
> |>|>|Montreal Canadiens 175
madman
than revenus on any perticular years or for a few years in a row!!!!!!
Madman
Earl Sibley wrote in message ...
|madman wrote in message ...
Zubrus
When Molson sells beer in the US the inverse is true.
They make American dollars on their beer.
Wake up, Molson is NOT losing money.
If
Zubrus
If the citizens of Canada buy Molson beer to support the Canadiens
it doesn't get reported as income for the Canadiens because it can't be
tracked
that way. it is however still Canadien's income indirectly.
Just another corporate shellgame.
Molson is not the first corporation to cry poverty from one division
while enjoying profits from another.
Is it your assertion that Molson Breweries is in the red?
A simple boycot of Molson beer will surely get their attention.
Zubrus
Jason Little
wrote:
>It is you that has no grasp of business.
>
>If the citizens of Canada buy Molson beer to support the Canadiens
>it doesn't get reported as income for the Canadiens because it can't be
>tracked
>that way. it is however still Canadien's income indirectly.
>Just another corporate shellgame.
>
>Molson is not the first corporation to cry poverty from one division
>while enjoying profits from another.
>
>Is it your assertion that Molson Breweries is in the red?
>
>A simple boycot of Molson beer will surely get their attention.
>
>madman wrote:
Exactly, I live in the US, and every game I would drink Molson, in the
thought that I was helping Molson. But since Molson has decided to ice
a minor league hockey team the past few years, I have boycotted their
beer. It's unfortunate, that I hurt the team in the long run. But so
is life :)