Falcons get $200 million NFL loan for stadium | savannahnow.com

22
May

Falcons get $200 million NFL loan for stadium | savannahnow.com

NFL owners approved a $200 million loan Tuesday for the Atlanta Falcons to build a new stadium.

The multipurpose stadium could cost as much as $1 billion, with team owner Arthur Blank committed to funding most of it.

Blank, speaking at the NFL’s spring meetings, called the decision by the team owners an “important milestone” in moving the project forward.

“The NFL has supported new stadium construction through various means for decades,” he said. “Our club owners understand that investments … are important to the long-term strength of the league, and we thank them for their support.”

via Falcons get $200 million NFL loan for stadium | savannahnow.com.

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