Tag: Guardian

Stadium

FIFA made $15B from this World Cup. Actual businesses near the matches? Not so much…

Now that the World Cup is over, I went looking to see how businesses did in host cities. FIFA made $15B in revenue from the current World Cup. That is a considerable amount of money to be taking in from this event. Surely the host cities will see some of that money, right? No, host cities get none of this money. Before I could even look into how local businesses did during the matches, I found…

William Neilson Jr.
Arena

For the 57th time, Detroit gives the Ilitch family taxpayer money only for them to not finish the part that benefits taxpayers

A few months into 2023, the Ilitch family decided that they had no gotten enough taxpayer money out of the city and state. So the city of Detroit gave them “significant savings on property taxes for the next 30 years”. You may be wondering why the city is giving them a tax break? Well, these tax savings, according to the city, will “be used to fund the development of the District Detroit project”. Excuse me?…

William Neilson Jr.