Stadiums are a very bad investment
Link?
naming rights $9mill a year
stadium signage $5mill a year
70 plus event rental at min $250k each $17.5mill a year
stadium medallion, gold and centre members $3million a year
food and catering revenue $10million
Function hosting 600 events $5mill
revenue of around $50mill a year for decades to come. Absolute cash cow on a $200mill investment.
this has marvel stadium revenue at $47.4mill a year!
Marvel Stadium currently serves as the busiest multi-purpose Stadium in the world, welcoming over two million patrons through its turnstiles each year - hosting over 70 arena events as well as 600 non-event day functions annually in its function spaces.
Marvel Stadium top competitors are Ardent Leisure Group, Adelaide Fringe and Oztix and they have annual revenue of $55.9M and 248 employees.
growjo.com