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Discussion in 'Warriors Discussion' started by STEEDEN, Mar 20, 2016.
Or “The Hot Tub”.
The council just voted to defer the speedway move until further discussions on the stadium strategy.
The budget for the move blew out to $30m.
Huh, where was it moving to?
Went to the concert at Western Springs on Sunday and its a great spot...
It was moving to Mt Smart until Sir Doyle put a stop to it.
The council were going tofund a move to a new / upgraded spot called Colin Dale Motorsport Park in South Auckland.
That would of opened up Western Springs for cricket.
One of the best venues in the southern hemisphere for live concerts.
Eden Park's grim financial future laid bare in report
Todd Niall 06:57, Jan 09 2019
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SUPPLIED The financial clouds are darkening over Eden Park in a report by Ernst and Young.
The country's premier stadium, Eden Park, could run up losses of nearly $80 million in the next decade.
It also can't afford an estimated $62m of maintenance and upgrades needed over the next 10 years.
The grim financial future for the central Auckland stadium was laid bare in a report by consultants Ernst and Young, obtained by Stuff.
EY said the stadium's trust board probably wouldn't be able to pay even the interest bill on its almost $50m of loans in 2019 and the future hosting of major events could be at risk.
The bleak assessment was commissioned by Auckland Council which has been considering, behind closed doors, whether to bail out the venue that hosted the 2011 Rugby World Cup final.
The council guarantees the repayment of Eden Park's $40m loan from ASB Bank, which is due to expire in October and which the trust has no means to pay.
Eden Park's annual deficit was forecast to deepen this year to $8.2m from $6.8m, and EY didn't see an upswing likely in the future.
The EY assessment of Eden Park's finances highlighted a cocktail of worsening factors which posed both financial and political challenges for the council.
The most immediate was the financial hit, due this year, from a big cut in major sporting events at Eden Park.
The stadium would host only one All Blacks test instead of two due to the Rugby World Cup in Japan, losing an estimated $1.4m in revenue.
Only two cricket internationals would be hosted instead of the usual four, and there would be one fewer Super Rugby match.
The partially one-off dip in major sporting clashes was just the tip of a financial iceberg which included the risk of declining revenue from other sources.
The report said Eden Park management thought up to eight of 18 corporate suites may not be renewed after leases expired last October, with revenue forecast to fall to $3.6m in 2019 from $4.3m two years ago.
Membership numbers are picked to fall by 99, with revenue falling $1.2m over two years.
The cumulative effect is the stadium's revenue falling 14.7 per cent next year to $14.1m - 62 per cent lower than two years earlier.
The evaporating cash flow is expected to hit "business-critical"maintenance such as replacing the turf at Eden Park, floodlighting and big video screens.
"Should major capital expenditure projects remain unfunded, it may result in an inability for Eden Park to host major events," said EY.
The floodlighting failed during testing prior to a day/night cricket match last March, and EY said management believed failure could recur without replacement, costing $5.6m.
EY said the 15-year-old turf should be replaced every seven years, with an estimated bill of $1.5m.
Some commercially-sensitive figures have been deleted from the report obtained by Stuff, but there is considerable detail highlighting the quandary facing Eden Park.
The stadium is owned by a trust board. Five of its nine members are appointed by the government, with others appointed by the Auckland Rugby Union and Auckland Cricket Association.
The five additional appointees were created when taxpayers pumped in $190m to revamp the stadium for the 2011 Rugby World Cup, but there is no ongoing Government involvement.
"I'm vary wary about spending more on stadiums – because there are requests all around the country," Finance Minister Grant Robertson told Stuff in November.
"The long-term Government position is that the Crown does not fund operating costs for regional stadiums."
At the time of the RWC revamp, seven of Auckland's then-eight local bodies declined to contribute, forcing the trust board to raise the $40m loan which Auckland Council now guarantees.
Eden Park also borrowed $6.5m from the council, which has no payback date.
Auckland Council has declined to release documents on its own deliberations about how a bail-out of Eden Park might work.
The council is understood to be close to considering paying off the trust's bank loan, but how it would then exercise influence of control over Eden Park's future is not yet clear.
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Those guys over at Eden Park have been in denial for years believing the stadium was the cats whiskers when it wasnt and hasn’t been for a very long time. The offer of a new stadium prior to the 2011 World Cup was Aucklands opportunity to get it right.. but they got it wrong, resulting in a licorice all sorts refurbishment of Eden Park, Stadium management is a thankless task, and outside of a few AB’s games per year, ( and the odd Warriors season opener ) NZ stadia with a maximum capacity of around 25000 is all that’s required - although stadia this might not stack up financially.
The problem was that Auntie Helen wanted the RWC for 2011 and that left the planning time too short. MSS got cocked up for the same reason in 1990.
The lesson needs to be learned that pandering to showboat politicians is not the way forward.
In any case the Auckland Council have far more important things to do with their money rather than prop up the place. They may get a better return on their money by doing a decent job on MSS and making it the Suncorp of Auckland.
As for the downtown arena I reckon they can forget it, the horse has bolted, the ship has sailed, the fuckups are permanent.
If one thinks about it Wembley and Twickenham are not in downtown London, neither is Murrayfield, nor even the SCG and the new SFS.
They can turn Western Springs into a decent cricket arena, as for North Harbour leave the dump as it is and don't waste any more money on it.
Well said Bruce, the reality is, and should be that not many countries, councils, can afford a new Lamborghini on the waterfront. People cry facilities as the reason for lack of crowds, the reality is the cost (especially if you want to drink and eat at a venue), and live TV with replays is far more appealing in your own comfortable chair, whilst appeasing the family by being present...I personally don't give a rats arse if an over paid player, administrator or official doesn't like the amenities, you will soon enough be back in your marbled bathroom.
Sadly, it seems we are in an era where facilities are more important than common sense. What we have now will no doubt not be perfect facility wise, but I am pretty sure the field dimensions are spot on? good enough for me. What wouldn't be good enough would be egregious spending for a depreciating asset that will still have the same issues arising as above.
Build a multi function Stadium where people have easy access eg trains, ferries, car parking.
And can operate into the early hours.
With plenty off accommodation close at hand.
It's a no brainer build the waterfront Stadium keep the bureaucrats away from it they will fuck it up.
Bring in the yanks they have got controlled demolition down to a tee (twin towers and building 7) make a night of it yeah guy fawkes nov 2019 sounds bout right
Here is the real question regarding a new stadium in Auckland.
Wellington Dunedin Hamilton Tauranga and Christchurch on the way. Why cant Auckland?
After the World Cup bid was won a lot of time was wasted. It seemed every few months there were new designs of what Eden Park could look like. Designs with roofs etc.
It would be interesting to see what they had in the initial bid in terms of cost and design against what they eventually got. Costing more wouldn't be surprising as stadiums usually go over the initial estimates.
The timing was probably tight to start with but wasting so much time before the design was finalised didn't help. That's when the new stadium debate got started. It was reported there would be enough time to build new. I would of been surprised if they could of got a new stadium built in time as well as tested. The stadium needed to be in use before the event to iron out issues with transport, facilities etc.
This is being reported being leaked is just political.
Whenever we hear from either side its either the Eden Park Trust needing to paint a bad picture about maintenance so they can get money for turf or lighting. Or to push for more events.
If its the Auckland Council or any other party pushing for a new stadium it's well Eden Park isn't profitable and can't have enough night events, out of the city etc.
The upgrade was meant to make it our national stadium. NZ Rugby talked about playing more All Blacks tests there, they need to play a big match as part of the deal to bail out the ORU a few years back. This year they are playing less home tests due to the World Cup but it's a said state that one less All Blacks test has such a big impact on the grounds financial situation.
Good question. I will try this for an answer.
The Cake Tin is not a world class stadium, it is a poorly planned claytons stadium, built by politicians.
The Hamilton stadium is just an improved rugby park. It is not world class and it is usually empty.
Tauranga have the amazing cricket venue, but Auckland will have one of those soon anyway.
Christchurch got their cricket oval and will get their rugby ground courtesy of the earthquake.
So spare a thought for Auckland Council who did not cause this mess but inherited it.
Exactly, that is what happened. The rah rahs are going to have to get used to going to an improved MSS, simple as that.
when people say that no one goes to live events anymore and that they would rather watch from the comfort of their seat at home, its hard to argue. However I remember when movies fell out of fashion. for a period no one would go, why would you? the seats at home were better and with all the surround sound stuff it was almost as good. But then fashion changed again, and people remembered that they like the support of a crowd to watch that latest blockbuster hit. Movie theatres changed as well, bigger seats, movies not around as long and more sessions to cater to more people etc etc. Eventually they got to where they are now with bigger seats with leg rests, less patrons to a row, leg room, alcohol, food, smaller theatres. They had the option of not changing, but took up the challenge and made themselves relevant again. And they make money again.
Any group wanting to take on something like a stadium has to do the same, listen to the clientele and diversify. They cant be a rugby ground that only appeals to rugby heads, or a half arsed cricket stadium. They have to be able to provide room for a concert on friday night, a rugby game on saturday and a soccer game sunday. Then next week do it all again with League and I dont know hockey or BMXing.
Auckland cant support multiple venues, it needs a swiss army knife of stadiums. And it needs to listen to the people who would use it and hire it as to where it needs to be. And that is not in the suburbs.
What’s Tauranga getting and where? Lived there for a long time and interested, is it an upgrade of the Tauranga Domain?
I thought Baypark had been upgraded. Willing to take a slap if wrong.. my point being everyone but the JAFAs get things done.