An agreement has been reached on a previous $44.2 million loan from Nationwide for public ownership of Columbus’s Nationwide Arena, as the parties involved map out a plan to restructure the loan. (more…)
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Nationwide Arena Financial Issues Still in Play
It looks like more restructuring of debt will be on the docket in Columbus, as Nationwide Arena financial issues still linger as expected revenues fall short. (more…)
Columbus arena deal on city agenda
A plan to finally settle the finances and ownership of Nationwide Arena, home of the Columbus Blue Jackets (NHL), is finally ready for public consumption and will be unveiled at tonight’s City Council meeting. Ownership of the arena would go from Nationwide to the Franklin County Convention Facilities Authority, which is paying $42.5 million in […]
Columbus, Blue Jackets stall on Nationwide Arena changes
Despite lots of chatter about the city of Columbus taking over Nationwide Arena to give the Columbus Blue Jackets (NHL) some financial relief, there have been no further talks on the issue — and there are whispers the Blue Jackets may be looking to move. The whispers are bouncing around NHL circles, and they’re confirmed […]