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What are you talking about? In Europe, clubs have to pay for their own stadium. Arsenal paid for their stadium when they moved from Highbury to Emirates. Tott

What are you talking about? In Europe, clubs have to pay for their own stadium. Arsenal paid for their stadium when they moved from Highbury to Emirates. Tottenham is paying for renovation of White Heart Lane. Real Madrid will be paying out of their own pocket for renovation to Bernabeu. Fc Barcelona will be paying out of their own pocket to renovate Camp Nou. I'm not aware the barbaric culture of billionaires using tax payers money to build a stadium and then keeping the profits from it anywhere outside US.

dizzy3gg 8y ago
West Ham have had favours and Real Madrid have had a stupid amount of help from Madrid since forever.
coldtea 8y ago
>I'm not aware the barbaric culture of billionaires using tax payers money to build a stadium and then keeping the profits from it anywhere outside US. You'd be surprised. "Taxpayers have criticised a "ridiculous" deal which means West Ham United will pay just a fraction of the £2.3m annual business rates bill on its London Stadium home.Owners E20 Stadium revealed the Hammers will only pay additional rates on the retail and office space in the 66,000-capacity ground after they secured the lease for just £2.5m a year in rent last year. Costs for the rest of the arena will have to be covered by E20, a joint venture between publicly funded London Legacy Development Corporation and Newham Council." "English club Manchester City received more than $170 million in public funds for its Etihad Stadium, where it moved in 2002, because the grounds were built to host the Commonwealth Games. Tottenham Hotspur, another English club, will reportedly receive some sort of public aid, whether through tax breaks or other forms of relief, to build a new version of its White Hart Lane. West Ham is moving into London’s Olympic stadium, also built with public funds, though the club will pay a small amount of the conversion costs and will also pay annual rent (in two of these instances, you’ll notice, the stadiums were built for other events and are being utilized by clubs, which isn’t altogether a bad thing). And in Spain, Barça, Real Madrid, the world’s second most valuable franchise, and other clubs are under a European Union investigation for receiving improper tax breaks." "When Juventus inaugurated the Juventus Arena in 2011 instead of the old Delle Alpi it became the first club in Italy to have stadium ownership while other clubs in Italy still rent a stadium from the local council. The main reason is for municipally owned stadiums is regulation and financial power of Italian clubs but this is starting to change now". Even when you read about "renting" it, the deals are more than generous (nowhere near the costs), and accompanied with huge tax breaks and easy state or municipally-supported loans in tons of cases. https://fivethirtyeight.com/features/were-the-billions-brazil-spent-on-world-cup-stadiums-worth-it/ https://fivethirtyeight.com/features/were-the-billions-brazi... (And let's not even discuss e.g. Greece and other soccer-obsessed countries)

dizzy3gg 8y ago

West Ham have had favours and Real Madrid have had a stupid amount of help from Madrid since forever.

coldtea 8y ago

>I'm not aware the barbaric culture of billionaires using tax payers money to build a stadium and then keeping the profits from it anywhere outside US. You'd be surprised. "Taxpayers have criticised a "ridiculous" deal which means West Ham United will pay just a fraction of the £2.3m annual business rates bill on its London Stadium home.Owners E20 Stadium revealed the Hammers will only pay additional rates on the retail and office space in the 66,000-capacity ground after they secured the lease for just £2.5m a year in rent last year. Costs for the rest of the arena will have to be covered by E20, a joint venture between publicly funded London Legacy Development Corporation and Newham Council." "English club Manchester City received more than $170 million in public funds for its Etihad Stadium, where it moved in 2002, because the grounds were built to host the Commonwealth Games. Tottenham Hotspur, another English club, will reportedly receive some sort of public aid, whether through tax breaks or other forms of relief, to build a new version of its White Hart Lane. West Ham is moving into London’s Olympic stadium, also built with public funds, though the club will pay a small amount of the conversion costs and will also pay annual rent (in two of these instances, you’ll notice, the stadiums were built for other events and are being utilized by clubs, which isn’t altogether a bad thing). And in Spain, Barça, Real Madrid, the world’s second most valuable franchise, and other clubs are under a European Union investigation for receiving improper tax breaks." "When Juventus inaugurated the Juventus Arena in 2011 instead of the old Delle Alpi it became the first club in Italy to have stadium ownership while other clubs in Italy still rent a stadium from the local council. The main reason is for municipally owned stadiums is regulation and financial power of Italian clubs but this is starting to change now". Even when you read about "renting" it, the deals are more than generous (nowhere near the costs), and accompanied with huge tax breaks and easy state or municipally-supported loans in tons of cases. https://fivethirtyeight.com/features/were-the-billions-brazil-spent-on-world-cup-stadiums-worth-it/ https://fivethirtyeight.com/features/were-the-billions-brazi... (And let's not even discuss e.g. Greece and other soccer-obsessed countries)