Author Topic: Potomac Nationals New Stadium Watch  (Read 16784 times)

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Offline tomterp

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Re: Potomac Nationals New Stadium Watch
« Reply #125: June 28, 2017, 08:38:36 AM »
there seems to be so much shadyness around this stadium.  Stewart, a trump-style conservative is backing the stadium while the rest of the Republicans oppose it.  The consultant's report I don't believe has ever been publicly released.  I just don't see how they make enough money, in that location, with traffic being a nightmare, to justify the stadium cost.

If a bank was making a big loan to build a stadium, they would be immersed in the entity's financials, looking at cash flow projections and testing the assumptions on how they get from "here" to "there".

A government entity considering financing is in the same boat - they need to have a reasonable level of assurance that the financing they provide will be repaid.  And I don't know why there wouldn't be transparency around the whole transaction.