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By Shempatolla (registered) - website | Posted August 19, 2010 at 12:09:43
There seems to be this misconception that a publicly funded stadium MUST BE PROFITABLE to be considered successful. Ivor Wynne Stadium hasn't made any money for the city over its life time. Yet no one suggests it isn't or hasn't been a successful municipal asset. The idea was not to create a cash cow for the city. It was to create new sporting infrastructure. There is going to be a cost moving forward to maintain that facility. If it can be made versatile enough and big enough, there are going to be more opportunities to have it generate revenue, potentially making it a money maker. But if it doesn't. That does not mean the community will not benefit from it.
Cheers
Greg Galante
Hamilton
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