Singapore Expats Forum

Detroit Goes Bankrupt...

Chats, Flames, Jokes, Junks. Don't know where to post ? You've just found the right place.
User avatar
Strong Eagle
Moderator
Moderator
Posts: 10410
Joined: Sat, 10 Jul 2004
Location: Off The Red Dot
Contact:

Detroit Goes Bankrupt...

Postby Strong Eagle » Fri, 26 Jul 2013 1:18 am

Image

User avatar
zzm9980
Governor
Governor
Posts: 6837
Joined: Wed, 06 Jul 2011
Location: Once more unto the breach

Postby zzm9980 » Fri, 26 Jul 2013 11:00 am

http://blogs.wsj.com/moneybeat/2013/07/ ... ankruptcy/

I haven't personally done the math and have no interest in doing it, but I imagine investing in Detroit shouldn't stop because of the bankruptcy if there is to be any hope of turning the city around.

User avatar
the lynx
Governor
Governor
Posts: 5239
Joined: Thu, 09 Dec 2010
Location: Midgar

Postby the lynx » Fri, 26 Jul 2013 11:05 am

As a layperson, it is hard for me to imagine that any normal person will have the dough to visit the stadium for the games, food and other entertainment provided at that stadium, once it is up and running.

Sure, the stadium will generate good potential revenue but how sure is that?

User avatar
Barnsley
Manager
Manager
Posts: 2063
Joined: Tue, 10 Jun 2008
Location: Pasir Ris
Contact:

Postby Barnsley » Fri, 26 Jul 2013 5:03 pm

The "franchise" system in US sports looks like it gives the popular teams a lot of leverage with the City Authority where they are based.

They will just up sticks and go somewhere that will build them a stadium...
Life is short, paddle harder!!


  • Similar Topics
    Replies
    Views
    Last post

Return to “Leisure Chat, Jokes, Rubbish”

Who is online

Users browsing this forum: No registered users and 2 guests