02-01-2023, 12:11 PM
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#427
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Farm Team Player
Join Date: Jan 2017
Exp: 
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Quote:
Originally Posted by Muta
Sure, but a) it's a bit more layered than that when it comes to revenue generation for these facilities (new design, technologies and location can attract new events and opportunities), b) if a private firm wants to help fund some or all of it and if a new stadium / development spurs surrounding investment and therefore increased tax revenue, and c) it doesn't take away the fact that McMahon is a 60+ year old crumbling joke.
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- I am not aware of anyone against private funding building a new stadium, the issue is the value of public funds subsidizing private interests
- the development thing has been resoundly debunked by basically all studies that are not paid for by proponents. Even if you accept this arguement for a new stadium, any increased investment in the surrounding area of a new arena would be offset by decreased investment in the surrounding area of the old arena.
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