I-Team: You're paying $213 million for FC Cincinnati stadium
5 years ago
22
The stadium is on track to open in 2021. But the taxpayer tab could run for decades. An I-Team analysis of contracts between FC Cincinnati and its various public partners shows the Major League Soccer club’s real estate projects could cost taxpayers more than $200 million in their first 20 years of operation. This includes borrowing costs of more than $80 million and property tax exemptions worth more than $100 million.
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