For Sale: Naming Rights to Broke Japan City
It's called Izumisano, for now
By John Johnson, Newser Staff
Posted Nov 1, 2012 6:52 PM CDT
Izumisano is broke.   (Shutterstock)

(Newser) – It's come to this in Izumisano, Japan: The city is so broke it hopes to sell its naming rights to the highest bidder, reports AFP. Izumisano owes more than $1 billion to creditors, mainly because it sank so much money into "building roads and other infrastructure" to its remote airport, says one official. Bids will be accepted until Nov. 30, but so far, most of the response has come from ticked-off residents. A deep-pocketed company is the big hope, unless there's a person out there, somewhere, with an outsized wallet and ego to match.

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Showing 3 of 27 comments
Nov 3, 2012 7:23 AM CDT
"most of the response has come from ticked-off residents" I would love to read the suggestions for a name change by the residents of this town. I bet this would be good stuff. Funny.
Nov 3, 2012 1:13 AM CDT
Just make sure it ends with "shima", like all their other cities... Like Fuk u shima
Nov 2, 2012 6:35 PM CDT
Hey Mr_ Joshit.... IF you READ what I said, and took your foot out of your ass, you would have seen I compared the Japanese economic problems, (the city is bankrupt), with the economic plan that Obama was proposing in his second term...... PLEASE re-read my post before making your stupid comments..... YOUR not that senile yet, are you?..... STFU .. to you too...... you can call me billmelater.