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It's quite different. Outside of the US, football ( the original, not US version) is often a community thing, and clubs are bound to their localities. They won'
by sofixa 5y ago
It's quite different. Outside of the US, football ( the original, not US version) is often a community thing, and clubs are bound to their localities. They won't just move to a more profitable location, they're a part of the community. In some countries stadiums are often municipal ( even in Italy, whose top flight is a top 5 one), so the city gets revenue directly.
Also it isn't even in the same ballpark between bailing out a club that's in debt and getting the club in return, and building new a stadium for a billion or more USD, and getting hope in return.
- consp 5y ago> so the city gets revenue directly While I understand the community idea, it's still a small minority what you are talking about (at least here, I can't speak for elsewhere like Italy). For the revenue part: most revenue is generated by club sponsoring and not ticket sales. There are a few stadiums which can break even due to renting it out to whomever wants it, againt the will of the clubs from what I precieve. Then again you might be correct it is a common net positive, but I haven't seen any studies comparing it to the cost of not having one and/or provinding other means of entertainment so it might actually be offset if the population "using" it, directly or indirectly, is large enough. Panem et circences is still a thing. Note since bailing out is not actually a good term to describe it: with bailing out the city (almost) never gets the club. It al kinds of messy but generally it's a rent free loan or some other cost negative solution like buying the stadium but renting it out for free... In my opinion sinking money into a bottomless pit is the same if done after or before the fact.
- Mountain_Skies 5y agoStadiums in the US are often technically owned by the government. This is a dodge to get them out of paying property taxes on a billion dollar (or now multi-billion dollar) facility. The government then rents the stadium back to the team for a token fee. It also transfers certain liabilities to the government, making operations less expensive for the sports team.
- mannerheim 5y ago> football ( the original, not US version) For what it's worth, both association football (from whence, 'assoc' -> 'soccer') and gridiron football (which American and Canadian football are variants of) emerged at about the same time, during the mid-19th century. It would incorrect to refer to soccer as the 'original' for this reason, although they, along with a few other sports such as rugby and Australian football, descend from games that were played in this period in which the rules were still not yet set in stone.