Sports stadiums and arenas generate funds to the city, locals, and team owners through several channels. Franchises develop guidelines to govern revenue sharing among participating teams, stadia management, players, and the community. Additionally, the sporting facilities bring about tremendous economic empowerment to the surrounding community by availing endless business opportunities and ultimately providing employment opportunities. Finally, the
(Jock tax) assets, TV rights, and local amenities such as water and electricity. Therefore, it evident that taxpayers, government authorities, and owners benefit from sports establishments and, hence, the three stakeholders should pay for stadiums and arenas during construction and in the long run for maintenance purposes.
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