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January 26, 2007
Barclays pays big bucks for arena name
Courier-Life
Stephen Witt speculates that not only will Barclays' be naming an arena, they are going to move their operations to Brooklyn and make it the financial hub of the Universe! But wait, there's more!
In addition, the agreement calls for the creation of a $2.5 million Nets-Barclays Sports Alliance, a non-profit organization whose goal is to promote athletics, education and mentor young people in Brooklyn.The alliance will, as its first objective, repair and renovate basketball courts and other sports facilities throughout the borough, as well as sponsor amateur athletic tournaments and clinics for Brooklyn’s youth.
The Barclays spokesperson said the alliance will mirror the Barclays Spaces for Sports program in the UK.
The UK program helps local communities transform neglected land into the sporting facilities they want – from skateboard parks to soccer fields or multi-use game areas.
NoLandGrab: Let's just hope that "neglected land" is not British for "your house is next"!
Posted by amy at January 26, 2007 10:11 PM