In what period in the history of sport facilities was there a transition from fully public financing to public-private partnerships?

Question

Quizplus · Accepted Answer

As defined in the chapter, the period from 1986 to around 1995 is referred to as a Period of Change in sport facility financing. During this time, there was a transition from fully public financing to public-private partnerships, and there was some growth taking place in privatized facilities. The public-private partnerships that were indicative of this period involved public entities providing land, investment capital through debt or equity financing, some operating knowledge, and the ability to take of some of risk associated with sport facilities. In turn, private entities paid taxes that resulted from facility operations and corporate guarantees; and also ushering in the introduction of alternative sources of revenue through luxury suites, premium seating, personal seat licenses, concessionaire rights, and naming rights.

In What Period in the History of Sport Facilities Was