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Explain, should the general population pay the debt service for bonds issued to pay for a stadium or arena that is used primarily by a privately owned professional team?

Week 4

Please answer each question in an essay format 250 words min each question

book we use is Sport Finance 3rd edition: Fried, G., Deschirver, T., & Mondello, M. (2013). Sport finance: DeSchriver and Michael Mondello (3rd ed.). Leeds, IL: Human Kinetics.

Question one:

Should the general population pay the debt service for bonds issued to pay for a stadium or arena that is used primarily by a privately owned professional team? Debate the topic, citing all the pros and cons associated with the question. What innovative ideas could be used to help repay the bonds?

Question two

You are in charge of developing a strategy to fund a brand new fitness facility exclusively by borrowing funds. What sources would you pursue? What do you think your chances of success would be? What criteria could help or hurt your chances of obtaining funds?


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