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This article was published 20/12/2010 (3572 days ago), so information in it may no longer be current.

ARTIST`S RENDERING Despite a year's worth of drama, pathos and controversy, a new stadium will be built.

WINNIPEG – Blue Bombers chairman Bill Watchorn says the team will need close to $4 million a year to pay down the $85 million plus interest the club has agreed to shoulder in a plan to build a stadium worth $190 million.

The Bombers will pay back the $85 million over a 44 year term at an interest rate of 4.65 per cent.

Watchorn outlined four revenue streams at a noon press conference on Tuesday that will help the club reach its target.

- Increased ticket sales, corporate suites and parking revenue.

- Naming rights.

- Facility fee of $6 a ticket.

- Entertainment tax of 10 per cent on each ticket sold.

The Bombers will own a one-third share of the new stadium for their portion of the construction cost.