Quote:
Originally Posted by indes
I don't see why the city can't put the money up front and then collect a small percentage of profits until the money is paid back. This seems like it would work for both parties imo
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Would the city be loaning them money then at a fixed rate? I'm sure the flames could get better debt financing than whatever the city could offer them. Or if not, then the city is essentially a part owner with all the risk but then their upside is capped?
Some variation of this idea may work but it'd be complex. And keep in mind the flames will take on debt to build this arena (at very low rates).