Etihad Campus, Stadium and Collar Site Development Thread

kun said:
CFG and OVG are going halves on the development of the arena. CFG, I believe, own the land.
City will make some money off the arena in general but a lot of it will come from added traffic around the stadium.
Click to expand...

Added traffic ?, so from some corporate stuff, parking, what are the other streams of revenue if any?
Will the arena be open matchdays for food , drink, and will that mean revenue?

Just trying to get some details .
 
asahartford1 said:
Added traffic ?, so from some corporate stuff, parking, what are the other streams of revenue if any?
Will the arena be open matchdays for food , drink, and will that mean revenue?

Just trying to get some details .
Click to expand...
I don’t know exactly. I assume it will be open on match days but not sure.

What I mean by traffic is, as it stands, City play a game at the Etihad campus roughly once a fortnight. Gigs and events at the Co-op arena will mean thousands of people in and around the Etihad Campus, more like every week/twice a week, using shops cafes bars etc. And the more traffic in the area the more valuable the area becomes, so when we licence out areas for pie stalls or whatever then have a premium on them as they will attract more customers.
 
asahartford1 said:
How exactly will City benefit from the Concert revenue . ?
Not clear on that.
Is it sale of land, partnership, parking, ?
Click to expand...

The building and development costs are excluded from FFP but the revenues aren't

So half of the ticket sales and sponsorship money, then there's retail and dining depending on what they put in
 
asahartford1 said:
Added traffic ?, so from some corporate stuff, parking, what are the other streams of revenue if any?
Will the arena be open matchdays for food , drink, and will that mean revenue?

Just trying to get some details .
Click to expand...

1. CFG own the land with MCC and it is 80/20 in CFG's favour. So CFG are 80% landlord/leaseholder and will get 80% of the rental income.
2. With the recent announcement CFG are now a JV partner with Oak View for the build etc, CFG wil likely benefit 50/50 on future profits from the operation of the arena. The hope is they will be reasonably good.
 
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