A consultant’s report on whether or not to privatize Mile One Centre is expected to be received within the next week or two.

The KPMG report will be delivered to the Board of Directors of St. John’s Sports and Entertainment, which will then forward it on to city council.

The city is also setting up an independent subcommittee to consider the potential sale of the facility.

KPMG conducted a similar review last year, comparing public and private sector models for the operation of St. John’s Sports and Entertainment. That report found the city’s current model to be the most common among other municipalities across the country.

The new KPMG report will cost about $35,000 which is more than what was first estimated due to a broader scope to be covered, including analyzing current private models, implications on building systems, labour relations, tourism, long-term financial impacts for the city, as well as a possible sale price.