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> 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
by 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.