NFL approves $200 million loan for Falcons' new stadium

Set Text Size SmallSet Text Size MediumSet Text Size LargeSet Text Size X-Large
Share
Updated: 5/21/2013 11:04 am

Boston, MA (Sports Network) - NFL owners have approved a $200 million loan for the construction of a new multi-purpose building in Atlanta to become the home for the Falcons.

News of a stadium agreement between the Falcons and the city of Atlanta came in March. The team has played in the Georgia Dome since 1992.

"The NFL has supported new stadium construction through various means for decades," said Falcons owner Arthur Blank in a statement Tuesday. "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."

The Falcons are hoping to play in a new building for the start of the 2017 season.

Share
Latest Sports Photos
Latest Sports Photos
0 Votes
a skydiver was injured when attempting to land in a pre game show at the Lookouts opening game on 4/3/2014

0 Votes
SEC Champions Alabama created by artist Ben Teeter S/N C.O.A. available for the dedicated Alabama fan!

1 Vote
first catch of the season looks like a good year

0 Votes
Gina McLeroy Spring City, TN

0 Votes
Our Son Brandon McLeroy MTSU Football 2011 Gina McLeroy Spring City TN

1 Vote
this is James Howard telling Gracie what to do.

0 Votes
Riverbend fun!

0 Votes
I nees a four letter word for the outside layer of a tree.

0 Votes
Cameron is a rising athlete. He has a God given talent for the game of football. This picture is of him stopping the ball carrier in our game in the ...

1 Vote
Our Lookout Valley 9/10 year old team went to a tournament in Knoxville called The Battle of the Rocky Top. They went throught the tournament undefeated and won the championship ...
Featured Partners
www.baylorschool.org/summer
Experience Baylor summer camp - a 70 year tradition of summer fun and adventure. What are you waiting for? Make the most of summer by signing up today!
www.comcast.com/cable-internet-packages.html
Get started at $79.99 a month for 12 months. Plus, get a $75 VISA® Prepaid card.
www.STNS.org
Register now for St. Nicholas summer camp whose mission & purpose is to provide a fun learning experience for children, developing physical, cultural, social and intellectual abilities.
www.bojangles.com
Click here to enter for your chance to win a Bojangles Breakfast Combo. Then, watch WDEF News 12 This Morning for daily winner announcements!
 
Supermarket Guru
From The Archives
Scenic City Roots
Through Irish Eyes
Brand News
Prime Mashup
What's Trending
Stay Connected with WDEF News 12
 
Inergize Digital This site is hosted and managed by Inergize Digital.