Go Away Chargers- Billion Dollar Taxpayer Ripoff
STADIUMS DO NOT MAKE MONEY FOR THE HOST CITY
By the time the taxpayers pay for all the subsidies there is no public benefit
to a billion dollar Chargers Stadium!
Do you really think the Chargers will pay for any of this?
The Taxpayer will end up on the hook for a huge land giveaway, subsidized infrastructure costs, extra public safety personnel including overtime, extra public works services, etc.-- all for a private, for-profit company known as the San Diego Chargers.
This blog shows how much public money is used for stadiums. A lot!
AND A NEW STORY CONFIRMS WHAT WE ARE SAYING:
NEWSFLASH: ARIZONA STADIUM "A RISKY SPORTS BET"
Study 4. They Play, You Pay: Why Taxpayers Build Ballparks, Stadiums and Arenas for Billionaire Owners & Millionaire Players
The estimates of economic benefits of sports facilities are vastly overstated,
if there is any benefit at all!
THIS BLOG CLEARLY SHOWS HOW MUCH PUBLIC CONTRIBUTION IS REQUIRED FOR NEW STADIUMS!
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