Etihad Campus, Stadium and Collar Site Development Thread

How do you get those figures
A guestimate the arena will prob have about 120 nights a year, prob average about 50 quid a ticket, much more for top hospitality. Venues I believe normally take about 35-40 per cent of the revenue. On top of that you’ve got the co-op sponsorship of 6 million a year, merchandisin, food and beverage, car parking fees......
 
A guestimate the arena will prob have about 120 nights a year, prob average about 50 quid a ticket, much more for top hospitality. Venues I believe normally take about 35-40 per cent of the revenue. On top of that you’ve got the co-op sponsorship of 6 million a year, merchandisin, food and beverage, car parking fees......

Has the sponsorship figure been made public
 
Co-op-Live-Drone-image.png


Some new stuff on Co-op Live

CFG has become the joint partner in the venture.

https://www.thestadiumbusiness.com/2021/05/24/city-football-group-invests-in-co-op-live/
Our owner is obviously getting bored.
 
A guestimate the arena will prob have about 120 nights a year, prob average about 50 quid a ticket, much more for top hospitality. Venues I believe normally take about 35-40 per cent of the revenue. On top of that you’ve got the co-op sponsorship of 6 million a year, merchandisin, food and beverage, car parking fees......

Have you worked that out as City receiving those numbers? You have to account there’s 3 parties involved in this… Harry Styles owns a minority share so let’s guess 10%, that leaves 90% left split between City and Oak View Group’s who are joint venture partner and investors. So City’s potential income is 45% of profit made. it’s still a huge income but it won’t be the money some are thinking.
However, if City have been clever hear they’ll be leasing the land and making more money there on top of any venue revenue.
Tell you what though, Harry Styles has his head screwed on getting involved in this… Credit where it’s due he’s set himself up for a nice retirement fund. I wonder what the hospitality suites or boxes will cost.
 

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