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> The financials on this are settled. Sports stadiums are an awful financial investment. Depends on what side you are. On the receiving side or on the spending
by jq-r 5y ago
> The financials on this are settled. Sports stadiums are an awful financial investment.
Depends on what side you are. On the receiving side or on the spending side. If you're in the Stadium's management, or you're a player for the team, you're about to get rich, and you can buy your next yacht or your 7th Ferrari. Ask me how I know. This also goes if you're a construction contractor, or a local politician(s) who signed off the project.
This is the side benefit of the "pooling the money" and usually the only benefit.
If they've build the stadium with their own money; I would be more than happy for them. Also the local population would be that much richer.