Quote:
Originally Posted by TheNovaScotian
Beyond whatever straws your grasping at, after conversion the city council is spending $47.8 million cad to help build a stadium in Tottenhiem.
Colin, I know you don't accept conflicting opinions well but it's a fact public money does go into stadium projects around the world.
You don't have to accept facts for them to still be legitimate, many people think climate change is a hoax it still doesn't stop the planet from changing.
This isn't an argument, mostly just a statement of facts to keep the discussion honest. 
|
Yes, I know public money goes into stadia around the world, but rarely in small cities such as Halifax.
Look around the EPL and you will find few stadia built with public money.
Improving public transit is not putting money into a Tottenham stadium, it is putting money into a public space which has no impact on the club other than making the streetscape nice. And the NFL wants to expand into Europe and use the Tottenham stadium
The Huddersfield stadium was built with club money from the sale of the old ground which is now a shopping mall. The club survives on cash from the owner and a share of TV broadcast money.
W Ham got the Olympic stadium for a pittance, as did Man City - both deals were/are a disgrace as it gives each team a financial benefit.
Arsenal owned land around Highbury, developed expensive residential properties and paid cash from internally generated income and at the same time improved the team - not a penny of public money. Of course it helps that the EPL is the biggest sports franchise in the world.
And how much should HRM put into a stadium and what conditions should HRM attach to such an 'investment' ?