Edmonton Journal: Top executives from the Edmonton Oilers (President of hockey operations Kevin Lowe, President and CEO Patrick Laforge and Katz ownership group member Paul Marcaccio) will meet with the Mayor of Quebec City, Regis Labeaume, to discuss the possibilities of relocating the Oilers to Quebec City.
“We don’t know what to expect from this meeting,” Lowe, a former captain of Quebec City’s junior hockey team, told QMI.
“Just the fact that we’re meeting Mayor Labeaume to discuss possibilities, the sky is the limit. Exchanging ideas is the main goal of the meeting.”
The Katz Group is trying to build a $1 billion arena complex in Edmonton, with a proposal that the city borrow $400 million and to payback the money from tax revenue generated from the developments.
The process is moving along slowly, so the Katz group is looking at other options. Some city councillors don’t like the idea, the Mayor thinks it’s “innovative and creative.”
A timeline for the Edmonton Arena proposal can be read here.
