US EditionPavCo Willing to Operate ‘at Net Zero’ to Keep Whitecaps at BC Place: Minister
PavCo proposes forgoing $1 million to $1.5 million in annual profit to support Whitecaps' revenue growth amid MLS schedule changes, aiming to retain the team at B.C. Place.
- On Saturday, PavCo proposed operating at net zero to keep the Whitecaps at B.C. Place, with Kahlon noting there's no deadline for response.
- Limited scheduling and revenue restrictions have driven the Whitecaps and MLS to seek a new B.C. Place deal, says the league and team, due to unsustainable conditions.
- Kahlon said the offer would return about $3.5 million in profits to the club, with PavCo also offering revenue options like naming rights and parking, but the Whitecaps did not immediately comment.
- The Whitecaps' current ownership group plans to sell at the end of 2024 while PavCo negotiates a new lease and explores a stadium on the city's edge, with Ravi Kahlon saying, `We have to balance two things.`
- MLS will move to a fall-to-spring calendar starting in 2027-28, and the league warned that 2026 operational constraints are creating untenable conditions, Kahlon said there is no deadline for the team's response.
14 Articles
14 Articles
Minister says Crown corp. willing to operate 'at net zero' to keep Vancouver Whitecaps at B.C. Place
B.C.'s minister of economic growth says the latest offer to keep the Vancouver Whitecaps playing at B.C. Place Stadium would see the Crown corporation that owns and operates the facility "operating at net zero."
Coast Reporter
Penticton HeraldPavCo offers to operate at 'net zero' to keep Whitecaps at B.C. Place, team says No
British Columbia's minister of economic growth says the latest offer to keep the Vancouver Whitecaps playing at B.C. Place Stadium would see the Crown corporation that owns and operates the facility "operating at net zero.
The Province
Vancouver SunWhitecaps say PavCo willing to operate 'at net zero' still not enough to keep team at B.C. Place
B.C. minister says PavCo makes $1-$1.5 million each year from hosting the MLS team, and latest offer would return that revenue to the club.
PavCo willing to operate ‘at net zero’ to keep Whitecaps at BC Place: Minister
British Columbia’s minister of economic growth says the latest offer to keep the Vancouver Whitecaps playing at B.C. Place Stadium would see the Crown corporation that owns and operates the facility “operating at net zero.”
Winnipeg Free Press
PavCo willing to operate 'at net zero' to keep Whitecaps at BC Place: Minister
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