Quote:
Originally Posted by Tinordi
The research is well established. There is very little public return in investing in pro sports facilities. Owners of pro-sports fanchises have huge financial incentives to offset as much possible the cost of these facilities but there's really nothing in it for the public.
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As an alternative I'd like to see the government offer the owners a low interest loan using public funds to build these arenas. They get their money at low cost and the public gains interest on their tax dollars.
Its hardly unfair either as the owners would make that interest back when they cash their first arena naming rights cheque.