Method of financing a sports stadium or entertainment center

摘要

A method for the financing of new or replacement sports stadiums for professional sports or entertainment centers or the like is disclosed which finances such sports stadiums or entertainment centers through the sale of the exclusive interest in some or all of the individual seats in the sports stadium or entertainment center for the life of the sports stadium or entertainment center. A large number of the better seats in the newly constructed or renovated sports stadium or entertainment center are sold to buyers for the long term, with the buyer of each seat agreeing to pay the equivalent of the current season ticket price for the seat each year for a predetermined period of time. The sale of the seats and the resulting thirty-year contractual obligations to make payments are used to obtain a loan based upon the value of the payments over the thirty-year period, with the funds from this loan being used to pay for the newly constructed or renovated sports stadium or entertainment center.