((HT: Orlando Sentinel))
It's almost official...
With the city approval of constructing a new soccer-only facility last night, the Orlando Lions will become a part of the new wave of expansion into Major League Soccer...
Here's the announcement after the 5-2 vote...
But Mike Bianchi's column caught up with an economist (and county commissioner) in Fred Brummer that calls the numbers for economic impact and bunch of bunk...
"The technical term for their (Orlando City's) economic study is 'twaddle.'" said Brummer on our Open Mike radio show Wednesday morning. "It reminds me of the old joke about CPAs and it goes like this: A client calls a CPA and says, 'You're a math expert, how much is 2 plus 2?' And the CPA says to the client, 'What did you have in mind?'
"The fact is when someone is paying for the economic study, you get the economic study numbers that you want," added Brummer one of the two dissenting votes in the County Commission's 5-2 tally Tuesday to approve the soccer stadium. "... If you hire me, I assure you I can come up with the numbers you want for your economic report, but in unfunded academic (studies), the results are that these stadiums do not increase economic development or per capita income."
MLS has all but guaranteed that Orlando would be a part of the league's growth if the stadium was built. They would be a part of the new Miami, Orlando, (insert third team here) gambit for the new round of expansion dollars to infuse the league with more capital and average play...
The HQ is looking forward to seeing another boondoggle in action...
Here's the report from MyFoxOrlando on $84-million to the building...
FOX 35 News Orlando
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