Personal Seat License
A Personal Seat License (also known in North America as a Permanent Seat License or PSL and in the United Kingdom as a debenture) is a one time payment that gives a sports fan the right to buy season tickets for a particular seat in a sporting venue for a pre-determined length of time. A number of sports stadiums and arenas throughout the United States offer PSLs.
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The primary reason sporting venues offer PSLs is that the proceeds are used to help pay the debt incurred during the contruction of the stadium or arena. Also, many supporters feel that such licenses essentially give fans ownership of his or her seat. But opponents of PSLs see this as another way to extract money from the sports fans.
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