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Stadiums: Teams use a proven and legal plan to use your money to build new stadiums
Manage episode 356143449 series 2915638
New stadiums can cost several billion dollars to build and who wants to spend that kind of money when the public could foot most of the bill?
True, there are some owners who have shouldered the entire cost, but those are rare.
In this episode, we tell you how teams prepare years in advance to use fan money as no-interest loans, to avoid taxes on their share of the stadium revenues and gin up excitement among fans to drive up the cost -- and profits -- of a new venue.
And it doesn't stop there. Listen in as we lay out the playbook on how to build new stadiums using your money.
Learn more about your ad choices. Visit megaphone.fm/adchoices
86 tập
Manage episode 356143449 series 2915638
New stadiums can cost several billion dollars to build and who wants to spend that kind of money when the public could foot most of the bill?
True, there are some owners who have shouldered the entire cost, but those are rare.
In this episode, we tell you how teams prepare years in advance to use fan money as no-interest loans, to avoid taxes on their share of the stadium revenues and gin up excitement among fans to drive up the cost -- and profits -- of a new venue.
And it doesn't stop there. Listen in as we lay out the playbook on how to build new stadiums using your money.
Learn more about your ad choices. Visit megaphone.fm/adchoices
86 tập
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