Your English writing platform
Discover LudwigExact(17)
After taxes, about half the revenue will go to paying the Giants' stadium debt.
"I think fans all understand that stadium debt is different to acquisition debt".
In a three-step process, the buyers of baseball's San Diego Padres are taking on more than $200 million in stadium debt from an owner who needed cash to pay for his divorce.
There is plenty of potential dark side, too. the modern Olympic movement is brimming with cautionary tales, from Montreal's mammoth stadium debt in 1976 to the many shuttered venues in Athens after the 2004 Games.
Some say Arsène has his Eyes Wide Shut to the problems of his youth strategy while others argue the club has too much cash tied up as Collateral for stadium debt.
The downturn has kept Jones from selling naming rights, but with his stadium debt whittled from $350 million to $200 million, he said he did not need the cash.
Similar(41)
Already the club, as the new owners of the Ricoh Arena, have the biggest turnover of any rugby club in Europe bar Toulouse and are now seeking to pay off the stadium debts they inherited, including £13.5m to Coventry City Council.
Regardless of the 11percentt leap in the Dow Jones industrial average Monday, this is a risky time to sell expensive licenses, those unlovable fees for the right to buy season tickets that are being used by the Jets and the Giants to help pay their stadium debts.
A new shirt sponsor and our stadium debts paid off meant we could dream of signing anyone, Gazidis told us.
Now, the county is poised to sell Drake Center at a price that critics say is far too low, just to cover one year of stadium debts and related promises.
The Mets have no motivation to free Citi of its obligations; the bank's yearly payments will account for about half the annual payments on the stadium's debt.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com