Sanchez said the Falcons broke the lease. His office is now formulating a range of options including a lawsuit for city council members to consider, but suing the hockey team could back fire-scaring away potential investors who may want to revive the Falcons. Sanchez said, "It has the potential to be viewed as anti-business. On the other side of the coin, the council will look at we're dealing with tough economic times."
Monday afternoon, The Falcons owner said it is too early to discuss a potential lawsuit. Council Member Blong Xiong said he wants to proceed with caution calling the situation very delicate. Cynthia Sterling is also not rushing to judgment. The arena is in her district, and she's confident more concerts and athletic events could fill the dates that were scheduled to go to the Falcons. Sterling said, "But the economy is in a downturn for everybody but not just in the City of Fresno, so maybe we'll go back to the table and relook at how we are going to move forward."
The city attorney will make recommendations to the council in late January. As for season ticket holders, the Falcons CEO plans to announce Wednesday morning how the owners will compensate people who spent hundreds, even thousands of dollars to purchase season tickets.
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