Quote:
Originally Posted by MalcolmTucker
Yeah. Having a resident professional team only softens the blow, it doesn't make it viable. Only Toronto, Madison Square Garden in New York, and a few in the UK are going concerns which are covering their capital cost. Maybe the one in Vegas?
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Let me rephrase that. Having a pro sports team doesn't make it 100% on a pure business case, but rather more viable and thus 'doable'. Not having a pro sports team or long-term anchor tenant of some sort makes it pretty much 100% non-viable and needs to be done with the public paying the entire share.
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