Question

How can a stadium or arena by built without putting too much finanscisl burden on a local government?

Answer 1

Stadium or arena is used for sports event or cultural event where private players come for huge sponshorship for their profitability. Local government can float a tender where land can be provided by the government and investment vehicle too so that private players cacn either invest in that investment vehicle directly or buy the bond floated by the government for let say 30 years. In that case local government can recover the money down the line from sponshorships and pay back the money.