The Game Future NRL Stadiums part II

[Steel Saints]

Single tenant stadiums are a very poor investment beyond doing right by the clubs. You aren't making any money spending $200-300mill on a stadium for one club playing 10-12 games there. Over 20 years repayment you'd be looking at $15mil a year + interest + running and maintenance costs. You'd need to be filling the stadium and charging some pretty hefty rent to cover that and then make a profit!

Not sure if you replied to the right post. I didn't raise the issue about 'single tenant stadiums'.

In my post, i outlined on how the NRL could build revenue and save money, so that in x amount of years, it could fund it's own stadium where 2 or 3 teams can play out of.

 

[Wb1234]

Even 200 for an unfinished stadium in a major city where the stadium gets heavy use and crowds any Sydney team would die for is still insulting compared to what is spent elsewhere in the state.

You have also made a good point for doing stadiums sooner than later.

Yeh Newcastle’s crowds are great

a 45k stadium would be fine for the area

 

[Wb1234]

No but they offered a multi year deal, it was rejected because the Stadium upgrades wasn't part of it. So there is really no benefit to the state in that case. Just match the other states bid and save some money

It will cost them way more over time.

obviously vkandys wants the original deal back with stadiums getting redone

if six cities are bidding for it it could probably hit 20 mill pa

 

[Iamback]

It will cost them way more over time.

obviously vkandys wants the original deal back with stadiums getting redone

if six cities are bidding for it it could probably hit 20 mill pa

I know you one of the delusional ones here but realistic bids there would be 3 at the most.

If Brisbane lost money paying $5m for it, Then you would need 40k tourist to get that for it.
Rules out NZ and Adelaide there.

Victoria would bid but nothing like that and I would doubt get access to the MCG given AFL's control and hatred of international games.

Flights to Perth as of Today are $880, The instant the GF was announced you could double that.
$250 to the game
You would need atleast 2 nights another $500 there.

That makes a trip across $3k minimum, Not many neutrals would pay that. So their bid would be based on local tourism. Maybe $10m in that case.

Given QLD announced $10m bid, with spending needed for the Olympics and the lack of General public seating $10m probably caps that out.

So I can't see more than $10m being the price

 

[Colk]

Yeh Newcastle’s crowds are great

a 45k stadium would be fine for the area

The area would have got it if Australia won the soccer World Cup bid. Well at least 40k from memory. Canberra would have got an upgrade. It really was the biggest missed opportunity

 

[Wb1234]

I know you one of the delusional ones here but realistic bids there would be 3 at the most.

If Brisbane lost money paying $5m for it, Then you would need 40k tourist to get that for it.
Rules out NZ and Adelaide there.

Victoria would bid but nothing like that and I would doubt get access to the MCG given AFL's control and hatred of international games.

Flights to Perth as of Today are $880, The instant the GF was announced you could double that.
$250 to the game
You would need atleast 2 nights another $500 there.

That makes a trip across $3k minimum, Not many neutrals would pay that. So their bid would be based on local tourism. Maybe $10m in that case.

Given QLD announced $10m bid, with spending needed for the Olympics and the lack of General public seating $10m probably caps that out.

So I can't see more than $10m being the price

What are you on about

already origin goes to five different cities

throw in Auckland and that’s six bidders for the grand final

what is upsetting you here ? The fact Sydney might lose the grand final or you want vlandys just to bow down to a weak govt

 

[Wb1234]

The area would have got it if Australia won the soccer World Cup bid. Well at least 40k from memory. Canberra would have got an upgrade. It really was the biggest missed opportunity

It’s too small a market in a bad time zone and soccer is a nothing sport here

doubt we will ever get one

 

[Colk]

It’s too small a market in a bad time zone and soccer is a nothing sport here

doubt we will ever get one

You could say the same thing about the Olympics. It hasn’t stopped us getting three.

It’s a bad time zone for Europe and the Americas but it is a perfect time zone for Asia.

 

[Iamback]

You could say the same thing about the Olympics. It hasn’t stopped us getting three.

It’s a bad time zone for Europe and the Americas but it is a perfect time zone for Asia.

They have moved finals to the morning to fix such issues

 

[Perth Red]

Ap

Not sure if you replied to the right post. I didn't raise the issue about 'single tenant stadiums'.

In my post, i outlined on how the NRL could build revenue and save money, so that in x amount of years, it could fund it's own stadium where 2 or 3 teams can play out of.

apologies,didn’t see the 2-3 tennants bit. totally agree and either a southern stadium for dragons and sharks or a sw stadium for dogs and tigers, then attracting an a league team for summer use would be the only way you’re going to make it worth the investment. Unless you could get the govt to gift you some valuable land to build it on then it will sit on the books as a valuable asset which helps the games financial rating.

 

[Tiger Shark]

Sharks are not getting a cent off taxpayers money for a privately own ground. Thats why the liberal party shit themselves. Fund your own stadium. 200 million bucks off taxpayers money to a stadium a private asset. Corruption at its best. live in fantasy land Tiger Shark. It aint happenning

Yet we already have reviewed millions from the government for the stadium previously.

lol. It’s already happened.

 

[forby]

Different time!

 

[Perth Red]

Yet we already have reviewed millions from the government for the stadium previously.

lol. It’s already happened.

how much? Probably nowhere near the $100 mill being asked for I’d suggest.

 

[Vee]

Parroturd announcement today that central station is being redeveloped, I recall some here arguing for a stadium there.

 

[Perth Red]

Parroturd announcement today that central station is being redeveloped, I recall some here arguing for a stadium there.

That would have been the ideal outcome, a 30k stadium built there and a rebuilt 80k national stadium replacing accor. But far too much self interest to do what's right.

 

[It's Been Done]

AAMI Park to get a $25 million refurbishment ahead of the Women's Soccer World Cup

 

[azza29]

AAMI Park to get a $25 million refurbishment ahead of the Women's Soccer World Cup

$25m isn't a huge amount of money, hopefully the video screens see a decent upgrade. They were on the small side when the stadium was built and now look particularly tiny compared to those at, well, any other ground...

 

[SpaceMonkey]

I doubt it. taking a 60min public transport radius from a stadium covers massive population areas. Around a 20-30km radius depending on train links. Draw a 30km circle around the stadiums on a map and see how many live in that radius, it would be a lot of people. I jumped on a train from central to parra the other week and it took me 25mins.

I live around 26km from Optus/HBF park, takes me around 50mins public transport door to door, not something that would stop me going to games to support my club just 12 times a year.

Randomly checking public transport times now on a Sunday afternoon so quite relevant for footy attendance. I live in Marrickville so pretty central in relation to venues:

Leichhardt: 44 min (1 change)
Jubilee Oval: 45 min (direct)
SFS: 49 min (1 change)
Stadium Aus/Accor: 1 hour 4 min (2 changes)
Bankwest stadium: 1 hr 5 min (2 changes)
Brookvale: 1 hour 21 (1 change)
Shark Park: 1 hour 26 (2 changes)
Penrith: 1 hour 38 min (1 change)
Campbelltown: 1 hour 40 (direct)

WIN: 2 hours 6 min (2 changes)
Central Coast Stadium: 2 hours 9 (1 change)
McDonald Jones: 3 hours 26 (1 change)

So only 3 Sydney stadiums under an hour away, and only two or three reachable without a change of train or bus. Average of just over 70 minutes to get to any of the Sydney stadia.

 

[mongoose]

$25m isn't a huge amount of money, hopefully the video screens see a decent upgrade. They were on the small side when the stadium was built and now look particularly tiny compared to those at, well, any other ground...

they probably had to ask permission from their cult leaders - the AFL to spend the money

 

[Wb1234]

Randomly checking public transport times now on a Sunday afternoon so quite relevant for footy attendance. I live in Marrickville so pretty central in relation to venues:

Leichhardt: 44 min (1 change)
Jubilee Oval: 45 min (direct)
SFS: 49 min (1 change)
Stadium Aus/Accor: 1 hour 4 min (2 changes)
Bankwest stadium: 1 hr 5 min (2 changes)
Brookvale: 1 hour 21 (1 change)
Shark Park: 1 hour 26 (2 changes)
Penrith: 1 hour 38 min (1 change)
Campbelltown: 1 hour 40 (direct)

WIN: 2 hours 6 min (2 changes)
Central Coast Stadium: 2 hours 9 (1 change)
McDonald Jones: 3 hours 26 (1 change)

So only 3 Sydney stadiums under an hour away, and only two or three reachable without a change of train or bus. Average of just over 70 minutes to get to any of the Sydney stadia.

Excellent post