Leading Edge Losses
I’m not an Auckland City ratepayer, but if I was I would be asking questions of Auckland City Council about accountability, after losses of $2.5 million at The Edge.
I don’t think City/Regional Councils should be making commercial decisions on underwriting soccer games or musicals.
That is different to supporting sport or the arts. Relatively happy for there to be sponsorship of subsidies of facilities – that way it is for a fixed known amount.
But why would you have 20 or so elected politicians deciding whether or not you agree with the Edge’s Board that 62,000 to 78,000 people will attend a musical?