Coucilman Wants Answers on MLS Financial Health Ahead of Chester Stadium Vote
Now I don't claim to know how stadiums or any other major construction gets it's financing. But in reading this deep piece on Delaware County Councilman Andy Lewis voting "No" on the Philly/Chester MLS stadium, one thing really stuck out to me. The soccer folks want the state, county & city to kick cash on it but won't show them the league's financials, which they (like every private company) don't make public.
Now I'm as big a cheerleader as you'll find for the league, and I think most of you know that. And although I am a New York fan I want a Philly stadium only slightly less than I want Red Bull Arena, and I think you'll find many of the New York hardcore fell the same way; we want a local rival. I am the anti-Andy Lewis.
But I have to say the guy has a point when he says "if you’re a private company, then you shouldn’t be looking for any public assistance”. Again I know nothing about financing but it just doesn't make sense to me, although it's the norm in sports. I'd hate to see this stadium not-happen, but I can see where the councilman is coming from; if I'm gonna get in bed with you and you've got your health records right there in your nightstand, I'd kinda like to see 'em before I start taking clothes off. I know you don't want to show 'em because of what I might see, but I think it's only fair. Just sayin'.