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Home Sports Atlanta Falcons

NFL approves $200M for construction of Falcons multi-purpose stadium

GAFollowers by GAFollowers
May 21, 2013
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NFL approves $200M for construction of Falcons multi-purpose stadium
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NFL team owners voted on Tuesday to approve $200M for NFL G-4 stadium financing for construction of a new multi-purpose stadium in Atlanta.

Falcons Owner and Chairman Arthur Blank issued the following statement after the vote:

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“Today’s approval by the NFL team owners is an important milestone in moving the new stadium project forward. The consideration of G-4 financing for new stadiums requires thoughtful analysis on the part of the NFL Finance and Stadium Committees, including compliance requirements that protect the best interests of all owners and the league.

“The NFL has supported new stadium construction through various means for decades. Our club owners understand that investments such as G-4 financing are important to the long-term strength of the league, and we thank them for their support.

“We are pleased with the outcome of today’s vote, and we look forward to continued progress in designing and constructing the new multi-purpose stadium over the next four years. We, along with our City of Atlanta and State of Georgia partners, are excited to participate in a project that will benefit the city and state for many years to come.”

Tags: atlanta falconsfalconsfeaturenew falcons stadiumnfl
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