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Rogue0071
Dec 8, 2009

Grey Hunter's next target.

T Bowl posted:

It's profitable long term and not just government, it's the overall effect of an area.

I can't speak to European football specifically but studies of US sports and stadium projects has shown that there's a substantial crowding out effect where spending on the sports team and related stuff (e.g. nearby bars that get traffic from fans) mostly replaces other spending that would have occurred in the area rather than causing it to secularly increase. It's horrendously inefficient public spending as far as economic returns are considered.

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