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I-Team: You're paying $213 million for FC Cincinnati stadium

Video Credit: Rumble - Duration: 00:51s - Published
I-Team: You're paying $213 million for FC Cincinnati stadium

I-Team: You're paying $213 million for FC Cincinnati stadium

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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