Quote:
Originally Posted by ComixZone
The market is the evidence. Look around North America, find a city in comparable population/functional infrastructure, and then find an entirely privately funded arena that made financial sense for the people who funded it.
Regardless of the evidence, we have a privately owned organization not willing to privately fund the arena. We have a city who isn't willing to invest to the level required, so we have no deal. Full stop.
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And I think the problem with an arena, is that there is cultural and economic benefits to it that don't go to the owners.
Bars, property values, "Pride", ect. You can argue all day over what they are worth but to the owners it's $0.