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Don't read up on Hounslow Council and the massive losses taken on to enable Brentford to have their new stadium.
I had a quick google on this and couldn't spot anything. I was at the new Brentford stadium the other week and was amazed by how many flats were going up there, it's a really dense development.
I suspect a lot of the money subsidised with football clubs (and I have no idea how much is actually going to the football side rather than community projects side) probably shows returns in attracting a lot of people to the area and the ancillary spending and employment (plus the community benefits).
aggi-
Hounslow Council had bailed out Brentford in the old stadium and had heavily funded that, and then on the sale of it had split the revenue with Brentford (a further subsidy given the bailout), and then sold the land for the new stadium at a below market rate (another subsidy), as well as investing in the new stadium on the basis of area renewal (a further subsidy). The figures for this go into tens of millions. Private Eye were running cartoons and comments on this for many years before ground broke on the new stadium, and living on Green Dragon Lane as I did we heard a lot directly from people involved in Brentford club and local politicians and other things.
It was a shocking amount of money, given that they were failing to invest in a lot of local services adequately.
Velocio
Don't read up on Hounslow Council and the massive losses taken on to enable Brentford to have their new stadium.