(09-30-2017 08:01 PM)Wedge Wrote:  

(09-30-2017 03:47 PM)ken d Wrote:  

(09-29-2017 08:59 PM)Captain Bearcat Wrote:  Looks like SDSU is seeking a very public test of their fan support. A true power move if it works.

SDSU supporters launch ballot initiative as alternative to SoccerCity

"The newly formed Friends of SDSU Steering Committee said they will publish a notice of intent Saturday to launch a city ballot initiative drive that would authorize the city to sell 132 of the 166 acres at the SDCCU Stadium site. The 14-page measure is called the SDSU West Campus Research, Stadium and River Initiative....Like SoccerCity, the SDSU initiative calls for the land to be purchased at fair market value as set by an independent appraiser. The latest appraisal set the price at $83 million for the 166-acre stadium property but McGrory said a new appraisal would be called for if the measure passes."



(SDCCU Stadium is Qualcomm Stadium. It was renamed San Diego County Credit Union Stadium this month after Qualcomm did not renew their sponsorship deal)

And if it doesn't work?

If putting this second ballot measure on the ballot just helps to kill off the possibility of MLS in San Diego and the would-be MLS owners' plan, it's a big win for SDSU. The SD mayor says in that article that he will help arrange for SDSU to use the existing stadium until it's torn down -- if it ever is torn down.

I don't see why SDSU would want to "win" the vote on that ballot proposition. The best case scenario for SDSU football, given the outrageous cost of building any new stadium, is that they kill off all plans for that site, the old stadium stays there out of sheer inertia, and they use their political connections to rent the old stadium at a dirt cheap price indefinitely.

SDSU athletics has almost zero infrastructure debt. I think they owe a few hundred k for some lights on the practice field. They'll be able to afford to finance a new stadium. "The Bank" is not a long term solution.