re oiler s rumour team moving press conference next week in apr alchemy chem utoronto ca golchowy alchemy chem utoronto ca gerald olchowy writes so what s stopping pocklington from going to a bank and borrowing million dollars to pay off his treasury branch loans i was reading according to the recent tsn report peter puck is not paying any interest on the treasury branch loans that s a lot of green somewhere than pocklington business have gross revenues of about million per year i don t think he would have much problem borrowing from his visa to pay off his mastercard if he wanted to again according to tsn virtually everything that peter puck has already has liens against it of course we can t really be sure of this pocklington is at the point of maximum advantage right now and he is basically right in that northlands which is a creature of the city of edmonton must give him a better deal in the era of escalating salaries northlands and the city benefitted as much as he did during the eighties from the oilers and wealth generated by the oilers success was shared but the finanical viability of small market teams has radically changed in the space of a couple of years and for the oilers to remain viable and competitive they need much more of the revenue stream from concessions parking and building advertising as most every other professional sports franchise in north america has what was once a fair agreement that shared the wealth is now northlands sucking the blood out of the oilers franchise the oiler rationale regarding the renegotiation of player contracts is that a deal is a deal sather has spouted this repeatedly pocklinton has a contract with northlands until a deal is a deal perhaps if he included the income he has received from his sale of assets players such as gretzky and the income he has received in expansion fees with his revenues he wouldn t be losing money he has admitted pulling this money out of the oiler franchise to put into his other businesses the oilers have paid several times over what the coliseum cost to build and bring edmonton prestige and recognition throughout the world that is essentially priceless to nickel and dime the oilers just so northlands can use revenue sucked out of the oilers to subsidize their horse racing operations is insanity i think that pocklington has received ample provincial subsidization i can t really blame him for going after municipal subsidization but he is certainly not entitled to it pocklington has sucked revenue out of the oilers in order to prop up his failing business interests pocklington is not to be trusted i doubt very much that any oiler team will ever again make the playoffs under pocklington s stewardship as soon as a player shows himself to be a competent nhl er and expects to be paid accordingly he is shipped off for younger players and or draft picks cordially as always maynard ramsey cs laurentian ca so many morons rm and so little time
