Sports authority sends $1M to city, county for Grizzlies subsidy
The Memphis-Shelby County Sports Authority is the board that owns FedExForum’s debt and pays the bonds for the publicly owned arena.
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The Memphis-Shelby County Sports Authority is the board that owns FedExForum’s debt and pays the bonds for the publicly owned arena.
Sports Authority will also likely issue new debt for FedExForum renovations as well as be involved with providing financing options for Simmons Bank Liberty Stadium improvements.
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