Winston looking to get out of the Coliseum Business

Posted by Don Moore on February 11, 2011 at 10:03 am under Uncategorized | Comments are off for this article

The News & Record has a story about the City of Winston-Salem looking to sell off the Joel Coliseum Complex (to Wake Forest University) and Bowman Grey Stadium (to Winston-Salem State University). The Winston-Salem Journal has the story and the discussion there is jumping!

In the story, we see some interesting details. Both operate at a loss ($850,000 /yr) and the city is paying $1.5 Million on debt that used to upgrade the facilities. May be Greensboro will see the light as well.

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