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It could use so-called lease appropriation debt, most likely relying on a quasi-government entity like the Industrial Development Agency to pay for the construction and then use tax revenues generated by the stadium and nearby properties to help repay the debt.
Although revenues generated by the stadium project would theoretically repay this debt, covered by various guarantees from A.E.G., a substantial portion of the bond payments would come from new tax revenues that typically would go to the city's General Fund, which pays for essential services, including police and fire departments.
Allianz, a financial services company, is paying a reported €8m per year for 30 years for the naming rights to the stadium.Those naming rights fall into a stream that Deloitte categorises as "commercial revenue", which encompasses sponsorship agreements, merchandising, money generated by the stadium and non-matchday events.
"It'll be financed solely by revenues generated by the stadium".
It took out $621 million in construction loans — to be paid back with revenue generated by the stadium and naming rights — and raised $312 million selling personal seat licenses to season-ticket holders.
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Mara said money generated by the new stadium, "provided we sell everything," would put both the Giants and the Jets among the top four teams in revenue in the 32-team N.F.L. Currently, he said, the two New York teams are in the bottom half.
But remember the big £9.9bn figure we got today is supposed to be the extra business for UK firms from 2012, in addition to the jobs and income that were directly generated by building the stadium and other investments to prepare for the games.
The atmosphere generated by the 80,000 spectators inside the stadium was lively but this was a game where moments of genuine quality were few and far between.
"I don't think it's hard to justify that, when you take a look at the stadiums and the money that is generated by the programs and all that.
Parking at the stadium has been an issue, particularly for residents, and club officials set out how they will handle the extra traffic generated by the expansion.
Given the buzz generated by the team's arrival in different cities, that attempt at homogeneity figures to be as close as the American players get to a national stadium experience any time soon.
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