The Game Future NRL Stadiums part II

[Captain Apollo]

I'm with you yakstorm, financing to build and then pay the upkeep and then a potential rebuild or major upgrade say 20 years down the track doesn't stack up. If it did, why don't clubs and their head organisations do it?

I know in the UK soccer teams own their own grounds but the amount of money in the game their dwarfs the football codes in Australia. Someone with better knowledge of the US market can answer this, even the NFL teams which are valued at hundreds of millions and in cases billions, are owned by billionaires or consortiums, the stadiums they play in are mostly owned by the cities (councils) the teams don't go out and build their own stadiums.

Whilst many US sports teams own their home facilities, especially in basketball, hockey and even baseball, many NFL clubs require some government funding to build new stadiums. They do chip in funds towards it, but they are rarely 100% owners of its stadiums (as you have pointed out), and the NFL TV revenue is huge.

 

[Wb1234]

Whilst many US sports teams own their home facilities, especially in basketball, hockey and even baseball, many NFL clubs require some government funding to build new stadiums. They do chip in funds towards it, but they are rarely 100% owners of its stadiums (as you have pointed out), and the NFL TV revenue is huge.

NFL clubs could afford it they just realise they can coerce taxpayers to come up with the money instead with a threat of relocation

Ballmer’s $2 Billion Domed Arena Opens as LA Takes Olympic Torch

Steve Ballmer spent 10 years building a new home for his Los Angeles Clippers basketball team — and $2 billion of his own money.

www.bnnbloomberg.ca

Depends on the owners some can make privately owned stadiums happen whilst the far bigger lakers rent their stadium

Edit didn’t realise sofi was largely privately funded

Stadium Complex: The True Cost of Sports Megadevelopments

Forum: As proposals expand in scale and scope, and public spending increases, large-scale pro sports developments fall flat as gestures of urban goodwill.

www.architecturalrecord.com

 

[Trifili13]

The return is simply not high enough when it comes to stadiums otherwise you would think private equity and other consortia would be set up to build them and recover their cost and make a return from the tenants. By the time you pay them off you have to knock down and rebuild or do a major upgrade so you are back to square one.

 

[yakstorm]

The return is simply not high enough when it comes to stadiums otherwise you would think private equity and other consortia would be set up to build them and recover their cost and make a return from the tenants. By the time you pay them off you have to knock down and rebuild or do a major upgrade so you are back to square one.

So very true. The few times it has worked, it's required a lot of planets aligning, like for Docklands in Melbourne. Whilst the Victorian government didn't pay for the original build (it was private investment), it did grant discount land, paid to upgrade the surrounding precincts (including transports paths, etc) and agreed to help attract events to be played at the venue, plus then the AFL buying in and guaranteeing minimum number of games and Channel 7 + NAB agreeing to move their HQs into the stadium.

Even still with all that, the Victorian government has had to contribute multiple times in helping maintain/update the stadium.

A market like Canberra just isn't a realistic solution for completely private build. A public-private partnership is possibly the most realistic option.

 

[ThornlieBear]

The government doesn't want to help. Get the NRL to pay for it.

Do what the AFL did and build thier own?

FLA fan boy alert.

I need to go and get my allergy shots now.

 

[Suitman]

So very true. The few times it has worked, it's required a lot of planets aligning, like for Docklands in Melbourne. Whilst the Victorian government didn't pay for the original build (it was private investment), it did grant discount land, paid to upgrade the surrounding precincts (including transports paths, etc) and agreed to help attract events to be played at the venue, plus then the AFL buying in and guaranteeing minimum number of games and Channel 7 + NAB agreeing to move their HQs into the stadium.

Even still with all that, the Victorian government has had to contribute multiple times in helping maintain/update the stadium.

A market like Canberra just isn't a realistic solution for completely private build. A public-private partnership is possibly the most realistic option.

This discussion is crazy. I completely agree with everything you say.
Ignore Wb1234.

 

[Iamback]

This discussion is crazy. I completely agree with everything you say.
Ignore Wb1234.

This is the advice for every thread he comments in

 

[Suitman]

This is the advice for every thread he comments in

Honestly, one of the dumbest trolls ever on this site.

 

[Iamback]

Honestly, one of the dumbest trolls ever on this site.

His Alts aren't much better

 

[It's Been Done]

Apart from Shark Park, which is sub-standard, I can't think of another NRL, AFL or A League club that own their own ground. Lower level clubs own their grounds in some instances but they are not the standard required for professional sport and are basically enclosed parks with a grandstand and lack the facilities. If it was so lucrative ot cost effective for NRL, AFL and A League clubs to fund the build and then pay to maintain their own grounds you would assume more would have done it by now.

Western United's owners are funding their under construction stadium. Previous examples include Waverley Park in Melbourne funded by the VFL for $3 million and Football Park in Adelaide for $6.6 million by the SANFL as well as multiple renovations from the 1970s to 1997 by the Carlton Football Club at Princes Park, which they owned until 2003

 

[Suitman]

His Alts aren't much better

An apparent expert on every subject on this forum.
I just ignore and refuse to reply to any post the clown makes.
No idea about any alts.

 

[Iamback]

Western United's owners are funding their under construction stadium. Previous examples include Waverley Park in Melbourne funded by the VFL for $3 million and Football Park in Adelaide for $6.6 million by the SANFL as well as multiple renovations from the 1970s to 1997 by the Carlton Football Club at Princes Park, which they owned until 2003

Lets see how that goes. I can't imagine it getting any other events

 

[Iamback]

An apparent expert on every subject on this forum.
I just ignore and refuse to reply to any post the clown makes.
No idea about any alts.

If someone agrees with his garbage they are an Alt. Most reasonable posters want to see a link or something

 

[Trifili13]

Western United's owners are funding their under construction stadium. Previous examples include Waverley Park in Melbourne funded by the VFL for $3 million and Football Park in Adelaide for $6.6 million by the SANFL as well as multiple renovations from the 1970s to 1997 by the Carlton Football Club at Princes Park, which they owned until 2003

What you have stated is correct. But the Western United stadium will have a 15k capacity so hardly befitting an NRL or AFL team. For the other grounds you mentioned, no top level NRL or AFL games are played there. Those other examples were a couple of decades ago when it might have been viable, but even then they weren't owned by teams.

It is simply not viable for NRL and AFL clubs to fund over 400m to build a stadium, then pay the maintenance and then future upgrades, if it was you would see the richer clubs do it.

 

[Iamback]

What you have stated is correct. But the Western United stadium will have a 15k capacity so hardly befitting an NRL or AFL team. For the other grounds you mentioned, no top level NRL or AFL games are played there. Those other examples were a couple of decades ago when it might have been viable, but even then they weren't owned by teams.

It is simply not viable for NRL and AFL clubs to fund over 400m to build a stadium, then pay the maintenance and then future upgrades, if it was you would see the richer clubs do it.

Venues NSW or whatever the QLD version is will always have the concerts etc to make it not viable for the private venue

 

[Jetka100]

In no known universe, does an Australian sporting club drop half a billion or more on a stadium. It needs to Government funded, or at least as a public-private partnership, and it needs to be something a bit more aspirational than supporting a few sporting clubs.

 

[Perth Red]

In no known universe, does an Australian sporting club drop half a billion or more on a stadium. It needs to Government funded, or at least as a public-private partnership, and it needs to be something a bit more aspirational than supporting a few sporting clubs.

Which is why the sydney situation is so problematic. Only cities in the world with multiple same sport stadiums are where clubs themselves have built them. Asking taxpayers to build 8 or 9 stadiums in one city is unheard of. The NSW govt has already built 4 RL stadiums in Sydney. And people are expecting them to fund another 4 or 5?

 

[Wb1234]

 

[Diesel]

Venues NSW or whatever the QLD version is will always have the concerts etc to make it not viable for the private venue

Stadiums Queensland

 

[Diesel]

Never in doubt.

now upgrade Suncorp to 60+ as we won’t accept a fumble ball stadium to have a larger capacity

Will the design allow it to be modified to a ptporary rectangle and increase to 65k for origin or NRL GF if Suncorp capacity isnt upgraded