Arthur Blank says personal seat licenses will be sold in the new stadium the Atlanta Falcons have received partial public funding to build.
The club is moving forward with its plan to construct a $1 billion retractable-roof stadium in downtown Atlanta. According to the Atlanta Journal-Constitution, the Falcons and “other private sources” will pay approximately $800 million with $200 million produced from bonds that will be supported by the city’s hotel-motel tax – a tax that will also help fund maintenance and operating costs for three decades.
The stadium, which should be opened in 2017, is just in the planning stages right now. Blank, who says the team could host a Super Bowl as early as 2018, will be heavily involved in the design process. But there is a lot being put together right now, including the PSL program.
“We’ll have a PSL program,” Blank told the AJC. “We don’t know what it’s going to look like yet. We’ll be working on that probably in the next three to six months. Expect it to be a much more modest program than some other franchises have done.”
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Brad Biggs covers the Bears for the Chicago Tribune
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