No stadium, no team, no deal. Will Tasmania's AFL stadium survive a minority government bombshell?

The government has declared the Macquarie Point stadium a major project but there is no legislation that needs to be passed in order to get it — and an AFL team — off the ground. (Supplied: AFL)

The ink has barely dried on the deal to grant Tasmania an AFL licence, but already the team could be under threat following the decision of Lara Alexander and John Tucker to quit the Tasmanian Liberal Party.

For both MPs, the final straw was their government's decision to pledge $375 million towards a $715 million new Macquarie Point stadium that is planned to house the new Tasmanian AFL club.