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AFP-NC Urges Charlotte Officials to Reject $110 Million Stadium Subsidy Boondoggle

Dec 18, 2019 by AFP

Raleigh, NC – Americans for Prosperity-North Carolina (AFP-NC) today renewed its call to end stadium subsidies in the state as news surfaced of a potential $110 million taxpayer handout to support a future MLS franchise in Charlotte.

“Charlotte residents have strongly rejected stadium subsidies in the past and they won’t accept them now. This $110 million publicly funded charade would directly finance renovations for a private enterprise by utilizing taxpayer dollars set aside specifically to boost other priorities in our state,” said AFP-NC State Director Chris McCoy. “This business should be properly funded through its own means rather than rely on a $110 million handout from taxpayers. Most MLS teams have generous jersey sponsors, in this case, it shouldn’t be the Charlotte taxpayers.”

Background:

The Mercatus Center: Quotable Quotes: Stadium Subsidies are a Terrible Investment for Taxpayers

WCNC: Charlotte commits $110 million to Major League Soccer at Bank of America Stadium

For further information or an interview, reach Dave Vasquez at DVasquez@afphq.org

Through broad-based grassroots outreach, Americans for Prosperity (AFP) is driving long-term solutions to the country’s biggest problems. AFP activists engage friends and neighbors on key issues and encourage them to take an active role in building a culture of mutual benefit, where people succeed by helping one another. AFP recruits and unites North Carolinians behind a common goal of advancing policies that will help people improve their lives. For more information, visit www.AmericansForProsperity.org

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