A new house for the DAWG book with a retractable roof could be back on the right track on the formal approval of a two -year Ohio budgetary plan that puts aside $ 600 million for the Browns stadium construction plan in Cleveland.
The State has unveiled plans to use an unin demanded mine of funds which arise from deposits of forgotten public services and bank accounts after 10 years to help compensate for the cost of the Haslam Sports Group, owner of the Browns. The owner and chief executive officer, Jimmy Haslam, had previously requested the support of taxpayers and public funds to help build a $ 2.4 billion stadium at 15 miles south of Cleveland in the suburbs of Brook Park.
A lease at the existing Huntington Bank field expires at the end of the 2028 season. A renovation of this structure should cost more than $ 450 million, according to the team’s ownership group.
Haslam said on Tuesday in an open letter to Browns fans that “the new field of Huntington Bank closed will be … a primary installation of its kind” in the NFL.
“Our fans deserve a world -class installation, and we are committed to building a closed -closed stadium that resonates with Cleveland, highlighting our faithful and passionate fans and the DAWG book, while incorporating innovation, a daring design and an immersive experience,” said the letter.
“The new field of Huntington Bank closed will be entirely centered on fans, a very first design of its kind in the NFL, and a dynamic place that attracts visitors from Ohio and beyond, for important concerts and sporting events throughout the year. This first installation of Ohio, the biggest economic development projects of Ohio, which will be more and more, the economic development projects. Appreciate the support of heads of state and their belief in this transformer project. “
Haslam said the group planned to continue investing in northeast Ohio and denied having exploited state tax income.
“State construction is a performance grant to the stadium which will be reimbursed with additional income generated by the project greater than a current basic line on state revenues,” he said. “There was no request by the Haslam Sports Group to promise existing tax sources of tax revenue which would remove the other urgent needs of the urgent community to finance this project. This economic development project will reimburse not only but will also offer all stakeholders an additional performance of their investment.”
– field level media