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Meanwhile, Back at the New Stadium ...

June 01, 2002

Here is how to finance a new NFL stadium in Los Angeles:

1. Hire a couple of ex-Enron executives to manage the financing.

2. Sell each of the seats in the proposed 64,000-seat for $10,000 each. This results in a fund of $640 million, about $200 million more than is needed for construction.

3. Seat owners (share holders) get dividends back on the investment as seat tickets are sold to the public.

4. By the time a Super Bowl is played in the new stadium, profits will accrue.

Note that this will probably only work in L.A. and Green Bay.

I also wish I had been the first to realize that L.A. people would pay more for bottled water (a free item at the tap) than for gasoline.

Paul B. Homer



Diane Pucin's column [on Boston] last Saturday entitled, "Sports Teams Are the Hub of This City," further exemplifies why the sports fans of Los Angeles are not deserving of an NFL team. The city of Los Angeles has consistently proven that it cannot and will not support an NFL team to the extent that is necessary to justify its existence. Can you imagine a group of die-hard fans without tickets, standing and listening to an NFL game outside the Coliseum on a radio while eating sausages and arguing about which play should be called?

Having an NFL team is a privilege, not a right, and should be dealt with as such. Our sports fan base has decided that it is fashionable to show up late, and to leave early. This is our culture, and should not be dismissed as something related to traffic. Consequently, without having the passion that most current NFL cities can boast about, we can look forward to blacked-out games, thanks to a proven track record of consistent inability to fill a football stadium.

The fact is, if the fans cannot fill the stadium, the investors cannot fill their pockets. Hence, a recipe for disaster.

Lew Lipton

Rancho Palos Verdes

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