Jack M Posted May 15, 2009 Report Share Posted May 15, 2009 Anyone got a spare 85 mil? http://www.boston.com/travel/blog/2009/05/aig_puts_stowe.html Quote Link to comment Share on other sites More sharing options...
Keenan Posted May 15, 2009 Report Share Posted May 15, 2009 This would be a nice, less expensive option... http://www.loopnet.com/property/15211107/Canyon-Road/ We would have to buy some groomers though. Quote Link to comment Share on other sites More sharing options...
queequeg Posted May 15, 2009 Report Share Posted May 15, 2009 Har - note the post by skeezrule! Quote Link to comment Share on other sites More sharing options...
bobdea Posted May 15, 2009 Report Share Posted May 15, 2009 lollolololol Quote Link to comment Share on other sites More sharing options...
Shred Gruumer Posted May 16, 2009 Report Share Posted May 16, 2009 Can we do what the Green Bay packers did.. the owner of the seats own the team.. or something like that.. based on bomber members how much would we have to do... Seriously how much would it take for initial investment to get 51 percent and then get other investors.. could this really be done.. I got a couple of grand laying around... Any invenstment guys around??? would love to see if this could be possible..if someone really wanted to do it.. I would quit my job to do it....wait.. we need money.. RSS Quote Link to comment Share on other sites More sharing options...
tex1230 Posted May 16, 2009 Report Share Posted May 16, 2009 The problem in financing a ski area is the cost of insurance. That's why Stowe was so efficient financially, being owned by an insurance company. Given the current state of financing, you'd have to have revenues in the neighborhood of $10.2mm just to cover the debt service, in addition to operating expenses and insurance. The good thing is that the government may want to blow this out at any price - what is an $85 million dollar asset on a $120 billion dollar balance sheet? It's a rounding error. you could probably bid half the asking price and get hit. Maybe I'll try to line this up... Quote Link to comment Share on other sites More sharing options...
powdahbonz Posted May 16, 2009 Report Share Posted May 16, 2009 Jack?? Quote Link to comment Share on other sites More sharing options...
scrapster Posted May 17, 2009 Report Share Posted May 17, 2009 Not TOO far-fetched an idea. Mad River Glen went co-op a while back--and they made sure to keep all the snowboarders out. Time for a little payback? Quote Link to comment Share on other sites More sharing options...
Steve Prokopiw Posted May 17, 2009 Report Share Posted May 17, 2009 sold back in the mid 90's for just 4 mil when Vail Resorts had to sell it off as part of the approval to buy Breck and Keystone.That's like 200 people with 20 grand each.It could happen.I've always thought a 'club' mountain operated by it's members would be cool.A co-op on private land with member paid dues to keep it going. Quote Link to comment Share on other sites More sharing options...
Bordy Posted May 18, 2009 Report Share Posted May 18, 2009 sold back in the mid 90's for just 4 mil when Vail Resorts had to sell it off as part of the approval to buy Breck and Keystone.That's like 200 people with 20 grand each.It could happen.I've always thought a 'club' mountain operated by it's members would be cool.A co-op on private land with member paid dues to keep it going. Lots of the east coast Canadain area are run as such. Allmost all of the blue ridge resorts in Bruce Vaseras area are "clubs" Quote Link to comment Share on other sites More sharing options...
GeoffV Posted May 18, 2009 Report Share Posted May 18, 2009 Jack?? I have no idea what that will mean for ECES plans as of yet. Jack and I are slowly starting the planning process for the event. Quote Link to comment Share on other sites More sharing options...
Fastskiguy Posted May 20, 2009 Report Share Posted May 20, 2009 I never thought of moving east but..... Quote Link to comment Share on other sites More sharing options...
www.oldsnowboards.com Posted May 22, 2009 Report Share Posted May 22, 2009 Lots of the east coast Canadain area are run as such.Allmost all of the blue ridge resorts in Bruce Vaseras area are "clubs" Same in New Zealand, some of the best "Ski Fields" are "Club" ski areas. Example= "Craigieburn" ? Can you say "Nut-cracker" Anyone have a spare tractor ? When my hair was long and my legs were cold :) ;) Quote Link to comment Share on other sites More sharing options...
tpalka Posted May 22, 2009 Report Share Posted May 22, 2009 Just curious -- would a private mountain have good snow? Here's what I mean: someone was telling me about the private mountains in Idaho or Montana that sounded great (lots of fresh and hardly any people) -- but in fact the snow wasn't getting "worked" enough by people to be well groomed. In other words, you need to have lots of riders to work the snow, which only then can be well groomed to make the great runs we like. Any truth to this? Quote Link to comment Share on other sites More sharing options...
Gecko Posted May 22, 2009 Report Share Posted May 22, 2009 I don't think Stowe could be made into a private club it's on public land and Skiers (or Snowboarders) would have a pretty solid precedent for inclusion Quote Link to comment Share on other sites More sharing options...
ursle Posted June 15, 2009 Report Share Posted June 15, 2009 Anyone got a spare 85 mil? I'd rather hold out for the yellowstone club which filed for chapter 11 financial proctection today, better apre-ski Quote Link to comment Share on other sites More sharing options...
Gecko Posted June 16, 2009 Report Share Posted June 16, 2009 I'd rather hold out for the yellowstone club which filed for chapter 11 financial proctection today, better apre-ski is that the one that Greg Lemond is a member of??????? They had awesome grooming mountain wide from the looks of it Quote Link to comment Share on other sites More sharing options...
ursle Posted June 16, 2009 Report Share Posted June 16, 2009 is that the one that Greg Lemond is a member of??????? They had awesome grooming mountain wide from the looks of it That's the place, warren has a chalet(mansion) there also great apre ski because of the choice of 300 or so 10,000+ sq foot chalets Quote Link to comment Share on other sites More sharing options...
skipsilvia Posted June 16, 2009 Report Share Posted June 16, 2009 <table border="0" cellpadding="4" cellspacing="0" width="100%"> <tbody><tr> <td class="alt2" style="border: 1px inset ;"> Originally Posted by ursle I'd rather hold out for the yellowstone club which filed for chapter 11 financial proctection today, better apre-ski </td> </tr> </tbody></table> Here is an in depth look at the Yellowstone Club situation. Surreal... http://www.nytimes.com/2009/06/14/business/14yellow.html?pagewanted=1&_r=1 Quote Link to comment Share on other sites More sharing options...
Fastskiguy Posted June 17, 2009 Report Share Posted June 17, 2009 <table border="0" cellpadding="4" cellspacing="0" width="100%"> <tbody><tr> <td class="alt2" style="border: 1px inset ;"> Originally Posted by ursle I'd rather hold out for the yellowstone club which filed for chapter 11 financial proctection today, better apre-ski </td> </tr> </tbody></table> Here is an in depth look at the Yellowstone Club situation. Surreal... http://www.nytimes.com/2009/06/14/business/14yellow.html?pagewanted=1&_r=1 Thanks for the link....amazing the power of ideas. Imagine...yeah, let's have a fancy place that the super rich can come, hang out, and be a bit more "normal". Let's create this great place.....and then it happens. Then let's throw it all away. The article said he'd made a fortune before, lost it all, made it again, now lost it all. Probably will make it again. Classic for the manic genius. BTW...I'm from Rockford, we should hook up and ride sometime...... Quote Link to comment Share on other sites More sharing options...
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