Quote:
Originally Posted by esquire
Generally whenever I see pictures of venues that are anything beyond utilitarian on the exterior, it tends to be heavily subsidized football or baseball venues in the US, or soccer and athletics stadiums in corrupt kleptocracies. It's somehow satisfying to know that there are a few exceptions.
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The US has a tremendous problem with blindly spending public money for privately-run sports
franchises. Although it comes across as almost a NIMBY-esque equivalent at times with a heavy slant against the use of public funds,
Field of Schemes gives a pretty good background on American stadium projects. Unfortunately, this American fascination carries over into Canada as well, either through public perception or actual practice.
In Europe it's common for clubs or national associations to foot the bill for stadium projects. Wembley Stadium in London is finally now beginning to break even
after nearly a decade of operation. In this case Wembley is owned by the English Football Association. Likewise, Twickenham is owned by the Rugby Football Union which has owned the land the stadium sits on since 1907, progressively redeveloping and adding stands over time.
It's more common to see governments in smaller, centralized countries foot part of the bill for stadiums/arenas of national significance which go on to host most major events for that country.
In contrast to this, Nuevo Mosaic is heavily subsidized by provincial and local government.