<
https://theconversation.com/rugby-stadiums-are-sold-as-an-economic-asset-but-nz-needs-to-ask-if-theyre-really-worth-it-224951>
"A multi-billion dollar stadium precinct has been proposed for Auckland, one of
three proposals in front of Auckland Council for a new stadium in the city. The
council is also considering revamping Eden Park. But is a new stadium really
value for money for Auckland ratepayers?
Large stadiums are sold as an economic boon for cities. But the reality is
these multimillion-dollar investments tend to require significant investment
from local and regional councils.
These stadiums are often opposed by sections of the communities asked to pay
for them. And once built, they stand empty most of the time.
Why then do local governments keep proposing them? The answer lies in the lofty
promises from those supporting the projects – and the questionable calculations
used to get them over the line."
Cheers,
*** Xanni ***
--
mailto:xanni@xanadu.net Andrew Pam
http://xanadu.com.au/ Chief Scientist, Xanadu
https://glasswings.com.au/ Partner, Glass Wings
https://sericyb.com.au/ Manager, Serious Cybernetics
