No need for sniping, Jake.
You may not be able to see the shades of grey that I see in my "simplistic, black and white view of life"... but while they are somewhat more black and white than held by many, they are certainly *not* black and white.
It's not easy to find the price breakdown online... and in fact I can't even find the initial source I found that had it backwards. After much searching I've found the following in an official Wembley Stadium document:
The total cost of the project is £757 million, with the funding sources as follows:
Bank loans £433 million
The FA contribution £148 million
Pre-closure profits from the old stadium £15 million
Sport England contribution £120 million
LDA contribution £21 million
DCMS contribution £20 million
So not quite how either of us had put it. In short, the FA
paid less than the public sector (£148 million versus £161 million). £15 million was already in Wembley's kitty and the loans will be repaid during operation so will be paid for by tickets, hire and corporate functions - not the FA.
So while I was mistaken in saying "most of the rest" was picked up by the taxpayer... you were also mistaken in saying the FA paid up "most" of it, which is just as wrong as mine... considering the taxpayer paid more into it than the FA... and from what I've seen so far, it's not entirely clear whether that public funding is an investment or a cost.
It's also like to point out that I was almost spot on with my "£150 million" paid by the FA - in fact I was out by just over 1%.
Not bad, considering.
It's not like this argument is something I really care about, but I thought I'd point that out anyway.
As for Multiplex taking shots at all around them, it's to be expected. They are a private concern which in a situation like this has to try and lose as little money as possible. Hauling this all back to the public sector thing, when a private company loses money or folds, the only people who lose are those voluntarily contracted to it. When a public sector body or project loses money or folds, everyone loses. A bit of a difference.
As for AT&T, there shouldn't be a public outcry about the deal collapsing or about the $4billion cost associated with it. It's simply none of the public's business. They got something wrong, they picked up the tab, investors think that's a good thing and their shareholders are happy with the result as evidenced by the share price change over the course of the day.