bottom line is CFG has the money. cough it up, put some parkland and apartments somewhere and that's that. (obviously its more complicated i just hope the club isn't asking for any breaks in terms of funding/taxes/whatever else)
Private sector is also good at jumping on opportunities to take advantage of public overspending. With one-off events like the Olympics or World Cup, the local construction industry -- contractors and unions both -- collaborate with the non-local event organizers to drum up support and spending. Meanwhile local pols jump at the opportunity to get credit for spending more than the usual amount of other people's money and doling it out for favors. This is the reverse bribery of corrupt government that few people pay attention to. Everyone worries about undue influence on politicians through direct bribes, or donations, etc. But the politicians buy loyalty and votes by robbing Peter to bribe Paul, and it is completely legal.Public sector is bad at spending efficiently. Private sector is good at waiting for the right price and taking when the gettings good.
EXACTLYbottom line is CFG has the money. cough it up, put some parkland and apartments somewhere and that's that. (obviously its more complicated i just hope the club isn't asking for any breaks in terms of funding/taxes/whatever else)
Its not a scam; its just never done at the right price for the city. You cannot argue that the olympics/world cup does not bring revenue to the host. If its done at zero acquisition cost its a massive boon. The problem is its never done for zero. That revenue boost is worth something and the organizers know it, so they have a demand list that cost a lot of money. Unfortunately the public is always overpays for the right to host. Public sector is bad at spending efficiently. Private sector is good at waiting for the right price and taking when the gettings good.
Same goes for stadium deals. When a owner threatens to move a team from a city if they don't get subsidies it is because he is shopping for the right price for his asset which benefits himself but also the home city. If the home city doesn't budge then he will find a city willing to give him the funds. If he gets an offer for 50mm to move from Seattle to Oklahoma why shouldn't he take it right? Hard to gauge whether the 50mm is the actual benefit to the city or he is asking 30mm too much, but still, its his asset and the city gets something of value from it being parked in their municipality. They should reciprocate some funds.
Imagine you had a fantastic house that you built long before anyone else settled in your town and it was the basis for other's investing/building around you. If you could lift off the foundation and take it with you were you to moved, you would be pretty annoyed if the neighborhood said you couldn't take it because they liked it where it was. Okay, so pay me to stay if its a value to you. But they say no. Well I like it too, and I get the final say. Don't you think its a little perverse if they sued to block you from taking your asset?
Now, same situation but pretend the building was build long ago and you acquired it through some estate sale and tried to move it same day. The town revolts because its a staple of community and you have no history in this town. You're like some raider stealing from the community. An outside observer would probably side with the community in blocking the relocation.
Sports teams seem to always get the 2nd treatment in the world of public opinion even if the owner of the club was like the first example and build the franchise from the ground up. Some how he becomes a monster for spending 250mm developing the club from nothing only to ask for something in return. And yea, sometimes they do become monsters by trying to gouge the city for more then its worth, but who can really say where the line of gouging begins? When it comes to arguing over subsidies both side shoot off numbers that conflict. Unless you are really verifying the numbers with your own research in the end you are just going to pick a side based on how you feel towards the club.
WC is completely different from hosting the Olympics IMO just due to the venues needed to be created all in one location. That said, when you have countries like Qatar building all these stadiums for the WC and you're not certain how much they'll be used after (also see Manaus stadium in Brazil), that provides a whole 'nother question of if its worth it.I’m not arguing that it can’t work for the taxpayer... only that is typically hasn’t. I’m more optimistic about the stadium deals potentially working than I am about large singular events like WC or Olympics but the premise is the same and you basically proved the point- traditionally, the host city doesn’t get its money back. Because of the incompetence of elected officials, corruption, unrealistic optimisism or anything else- i’m not aware of one stadium financed even partially by a public entity that saw tax revenue increase enough to justify the cost once you have discounted for inflation and opportunity cost.
But I’m open to changing my mind if there are pertinent examples.
WC is completely different from hosting the Olympics IMO just due to the venues needed to be created all in one location. That said, when you have countries like Qatar building all these stadiums for the WC and you're not certain how much they'll be used after (also see Manaus stadium in Brazil), that provides a whole 'nother question of if its worth it.
IMO, the Olympics should be rotated every so many cycles through 3-5 cities around the world. That way you already have the facilities in place, should only need to spend money on maintenance/upkeep/upgrades and other incremental items.
Yeah, I get your point there and that is a very valid opinion that could arise from that and not one I considered.It's on record here that I have no love for the WC being sent to exotic countries with little football tradition nor experience of hosting major events. That said, rotating the Olympics between 3-5 cities is going too far IMO. There's a point at which you're trying too hard to send it to countries that can barely support the event, but there's also a point at which you restrict it so much that you make hosting it elitist, and to specifically make a rotation of a set number of countries would be to publicly set apart the "chosen" countries from the rest.
It would be a bit like MLS changing the rules so that any team could win the SS but only the same 4 teams got to contest the playoffs, regardless of performance. Granted my analogy goes a bit far, because there's no silverware for hosting the Olympics, but my point is I feel like it would create an artificial feeling of those who were considered to be "the real Olympic countries" and those who were just invited to guest appear.
A playground and community pool can be used by all families at no cost at any time it is open. A stadium is used by people who buy tickets (in some cases at extravagant prices, limiting it's use to a small segment of the population) and performers who are well paid very few times a year. The community does get plenty of benefits from A stadium and it's not unfair for the owners to ask and receive, moderate public support. Support should be limited mostly to infrastructure investment, potentially generous pilot arrangements, and in our scuttled case, the elimination of bondholder debt that the City will never recover anyway.What's the difference between building a playground, a community pool, a performing arts center and a stadium?
Certainly, which is why public support is usually needed. The benefit has a limit though, and deals like YS and CITI were not positive for the City.I guess my point is that, like a park or a community center, a stadium is something that becomes a selling point in your community. It draws visitors and new residents and new businessss. Maybe NYC is unique because of the saturation of teams and stadia, but professional sports, regardless of the stadium boondoggles have become integral parts of the growth of cities from Nashville to LA
WC is completely different from hosting the Olympics IMO just due to the venues needed to be created all in one location. That said, when you have countries like Qatar building all these stadiums for the WC and you're not certain how much they'll be used after (also see Manaus stadium in Brazil), that provides a whole 'nother question of if its worth it.
IMO, the Olympics should be rotated every so many cycles through 3-5 cities around the world. That way you already have the facilities in place, should only need to spend money on maintenance/upkeep/upgrades and other incremental items.
Certainly, which is why public support is usually needed. The benefit has a limit though, and deals like YS and CITI were not positive for the City.
Well I just think that the WC is generally easier to host in more places.Why not have the same rotation for WC?
Well I just think that the WC is generally easier to host in more places.
Olympics are hosted in one city. I know sometimes that can kind of expand a little outward (i.e., Chicago summer bid included bike race in Madison, WI), but generally its in one city.
WCs are in entire countries (and sometimes plural countries). And a lot of these countries already have stadia in place that can be leveraged. Some countries that would build new stadiums to meet higher attendance demands, can have those stadiums used by local clubs.
Its a completely different scenario IMO.
What's the difference between building a playground, a community pool, a performing arts center and a stadium?
Well yeah, but in the WC example, there is a lot of that infrastructure already in place across the world, and countries have the ability to spread that requirement across multiple cities, and those requirements can be spread across multiple countries in a bid (i.e., South Korea/Japan and USA/Mex/Can). I agree that the Qatar one doesn't fit and you see what they are having to build. I'm skeptical that Morocco will be able to handle a WC all by itself, especially in the expanded format, but this is much easier for many other countries to handle.The principle is the same... to rotate the Olympics in cities where the infrastecure is currently in place. Rotate the WC in countries where the infrastructure is currently in place, e.g. not Qatar or any country like it that has to build the network of stadia/roads/etc to accommodate a tournament.
In both cases, you’re trying to limit the financial damage left in the wake of massive public spending that almost never gets the expected return.
The Brazil stadium waste and corruption goes way beyond Manaus.I will say that the Brazil Manaus stadium is an interesting scenario, but that appeared to be Brazil wanting to showcase the Amazon and something that ultimately was unnecessary.
The Brazil stadium waste and corruption goes way beyond Manaus.
http://www.espn.com/soccer/fifa-wor...l-world-cup-stadiums-symbol-of-dubious-legacy
- They built a $900 million stadium in the capital of Brasilia which has no professional team. It gets used for semi-pro games. Government workers use the offices, and the parking lot is used as a bus depot.
- The stadium in Cuaiba seats 41k and hosts games between lower flight teams with an average attendance of 1,000. It cost $23o million.
- The stadium in Salvador cost $200 million. Its tenant threatened to leave and stadium operators were forced to renegotiate the lease on lesser terms. Average attendance 20k out of 53k.
- The stadium in Belo Horizonte cost $287 million. Atletico Miniero moved there from its previous ground which was built for the 1950 World Cup. But it had trouble filling the 61k seating and has gone back to the old stadium, which is its primary home, and uses the new one for select games only.
- Fortazela has 2 clubs. Its WC stadium cost $240 million. The stadium seats 44k. The clubs average attendance is 11k except when they play each other.
- The stadium in Curitiba cost $146 million. Its team averages attendance of 16k with 41k seats.
- The stadium in Natal which cost $180-450 million (they can't even come up with a reliable figure due to corruption) hosts weddings and children's parties to supplement its income.
This is in a large, soccer-mad country, with multiple leagues and dozens of teams. The model is broken. Unfortunately, probably only a handful of North American and European countries can host a WC with mostly existing infrastructure. You either freeze out most continents and the entire developing world, or let those countries host to their own ruin.
The people who run the government and FIFA affiliates in those countries want the WC. Nobody else does, and nobody else benefits. If anyone cared for the people in those countries they would make the hard choice and tell the politicians and FIFA functionaries to sod off.