Exactly why are we spending $2 billion on new stadiums in Sydney?

[NlolRL]

The gain is unproven though where as Perths is based on demand.

What demand, you said current stadium is almost full every week, really?

Who played there last week? The week before?, The week before that?

Who is playing there on Saturday January 6th?
According to Austadiums last used 18/11 for international rules before that 24/09 WA Grandfinal before that 27/08. Looks like it gets used once per week for a few months a year

ANZ stadium, which Rugby League fans and Football fans hate but......

19/08 Union
20/8 League
01/9 League
3/9 League
16/9 League
1/10 League
10/10 Football
15/11 Football
2/12 Football
9/12 Football
1/1 Football
10/1 Football
19/1 Football
10/3 League
23/3 League
24/3 League Double Header so 1 weekend 3 games
30/3 League
2/4 League
8/4 League

Those who have a brain knew I was talking about during the AFL season when general public access to the AFL in perth is almost non existent.

[post_hoc]

I know what you meant, I was highlighting the point the Stadium in Sydney is used all year around, the Perth Stadium for a few months

[NlolRL]

I know what you meant, I was highlighting the point the Stadium in Sydney is used all year around, the Perth Stadium for a few months

And the perth stadium was routinely filled to capacity during those 6 months while ANZ only 2 or 3 times for the year

[leeroy*NRL*]

I know what you meant, I was highlighting the point the Stadium in Sydney is used all year around, the Perth Stadium for a few months

And the perth stadium was routinely filled to capacity during those 6 months while ANZ only 2 or 3 times for the year

do you not read>>

OLYMPIC PARK AND ALLIANZ STADIUMS PER YEAR ( and this is in there current situation)

Imagen when they are state of art facilities or have a ROOF ... WOW


ANZ Stadium and Allianz Stadium, even in their current, inadequate states, host 200 major men's and women's fixtures across five codes every year and both venues attract 3.5 million people per year to major events and a total 17 million precinct visitors

[NlolRL]

I know what you meant, I was highlighting the point the Stadium in Sydney is used all year around, the Perth Stadium for a few months

And the perth stadium was routinely filled to capacity during those 6 months while ANZ only 2 or 3 times for the year

do you not read>>

OLYMPIC PARK AND ALLIANZ STADIUMS PER YEAR ( and this is in there current situation)

Imagen when they are state of art facilities or have a ROOF ... WOW


ANZ Stadium and Allianz Stadium, even in their current, inadequate states, host 200 major men's and women's fixtures across five codes every year and both venues attract 3.5 million people per year to major events and a total 17 million precinct visitors

200 events with a few sellouts

[leeroy*NRL*]

And the perth stadium was routinely filled to capacity during those 6 months while ANZ only 2 or 3 times for the year

do you not read>>

OLYMPIC PARK AND ALLIANZ STADIUMS PER YEAR ( and this is in there current situation)

Imagen when they are state of art facilities or have a ROOF ... WOW


ANZ Stadium and Allianz Stadium, even in their current, inadequate states, host 200 major men's and women's fixtures across five codes every year and both venues attract 3.5 million people per year to major events and a total 17 million precinct visitors

200 events with a few sellouts

forget the sell outs (LOOK AT THE NUMBERS)

better facilities = better turn out

anyways ive had enough>> of this point

its obvious you are not going to give in>> but AYE NSW GOVERNMENT DISAGRESS WITH YOU

[Fred]

I doubt better facilities equal better crowds. Especially when getting to the game is such a nightmare.

Also, people just do not go to nrl matches in consistently high numbers. I think that’s the other question...spending so much on sports that aren’t generally well attended apart from marquee games.

Also... why aren’t soccer, Rl and union putting anything toward the cost?

[NlolRL]

Yet thousands of people living in NSW can see the wasted money for what it is. Sport just isnt Sydney's thing

[Beaussie]

The ongoing problem I see for the Government is every other funding cut or decision up to the next election will now be compared to this. What’s worse is the secrecy surrounding it all. Taxpayers know the cost benefit does not add up. Infrastructure NSW said exactly that.

Premier Berejiklian, please make public your stadium figures
Peter FitzSimons

Yes, yes, yes. I know some of you think I should not keep going on about the ludicrousness of the NSW government's announced intent to spend $2.5 billion on knocking down three relatively modern stadiums in three years – Parramatta, Olympic and Sydney Football Stadium – to replace them with new ones, when there is bugger-all demand to do that on even one stadium.

But, by my count, you who say shut up are at best one in 10 of the population, whereas everyone else – I kid you not – from the homeless to the extremely wealthy; from those living in regional NSW to those in the heart of Sydney; from ALP to LNP voters; from those who generally agree with me to those who generally despise me and the horse I rode in on ... have taken me aside in recent days and urged me to go harder!

I seriously think a fair measure of the difference in support for the two proposals can be seen in two petitions. The one I launched last Saturday week calling on the government to stop the waters got 100,000 signatures in 48 hours and is now up to 143,000 signatories. The one some supporters of rebuilding the stadiums launched last Saturday, received 100 signatures in the first 48 hours. Yes, just a hundred.

And this is not simply because of the difference in social media clout behind the two originators of the petition. I have tweeted the pro-stadium-rebuild petition many times, asking people to retweet to get the word out. I do so again now, saying to the supporters of doing this – whoever you are – don't just talk about the support you have. Show us! Get your supporters to demonstrate their views. You will have the clout of the NSW government behind you, as well as Alan Jones, the Herald's own Roy Masters and Andrew Webster, and, seemingly, all of News Limited.

You will have most particularly the support of my friend Stuart Ayres, the Sports Minister, who called me late last week on this subject and insists there is widespread support for this.

And so to the Premier, the Sports Minister and their supporters, who would rather I just shut up, I humbly offer a deal: I will shut up forever on the subject – no really, I am capable of it – if the government in general, and the Premier and Sports Minister in particular can back up the Premier's key claim that rebuilding the remaining stadiums at Moore Park and Homebush, will generate about $1 billion for the state's coffers, on an annual basis. "So if you actually take that assumption over two years," the Premier said, "we're paying back their cost."

This, friends, is the heart of the justification and if it is demonstrated to be true, I fold my cards and walk away, beaten and proven wrong.

And so I ask again, Premier Berejiklian. Where on earth does that calculation come from? It must, surely, be based on some kind of briefing document? Can you release it? Or do we have to go after it, with an application under the Freedom of Information Act?

Where, in the history of the world, has a government ever modernised an existing piece infrastructure at a cost of billions of dollars and got an annual rate of return of 50 per cent to pay it back in two years?

But, again, let me put forward the analysis I did on Saturday, which no one in the government, or in emails, or on Twitter, has landed a glove on.

See, for the Premier to make that claim, the operative number is not just what the new stadiums will generate in profits, it is the difference between what the current stadiums are generating now, and what the new stadiums will generate when completed, yes? To be remotely justifiable, those extra profits would have to pay back the extra $2 billion, yes?

And where can those extra profits come from? For her numbers to stack up, the two new stadiums need on average an extra 100,000 people a week, every week, turning up and spending an extra $200 a week. And all of that $200 must go into the coffers of the NSW government.

Premier, I am respectfully calling on you publicly, twice now, to show us how that can possibly be the case.

I can't see it. But then, economics is not my strong suit. So I showed it to Fairfax's economics editor Ross Gittins, our best and brightest. He replied: "I find the Premier's claim hard to believe. As you say, to impress it does need to be revenue of about $1 billion a year in excess of the revenue earned by the existing stadiums. And it does need to be additional revenue going to the government, not some estimate of how much extra business some private sector firms would gain. This is because much of any extra money consumers spent at the new stadiums would otherwise have been spent on other things, to the benefit of other businesses in the state. Unfortunately, the history of state governments' predictions of the economic benefits to be gained from new sporting events or facilities is characterised by significant overstatement, based on faulty logic. This being so, Ms Berejiklian can't expect her surprisingly high figure to be believed without her making public the calculations on which it was based."

Premier? Can you please make public the calculations? I guess what most of us also don't get is why, on such a staggering rate of return, the big banks aren't lining up for a piece of the action?

You want to borrow $2.5 billion and have projections that you can pay it back in two years? Bloody hell, they should be knocking your doors down in their eagerness to lend you the money!

Why aren't they? I look forward to your reply, please.

Twitter @Peter_Fitz

http://www.smh.com.au/comment/premier-b ... 02e84.html

[post_hoc]

Why do they need to 'put money in' all three of those organisations have guaranteed major events for next X years. Which DWARFS $10 million that the AFL throws in. Mind you would love to know IF the AFL then gets honeymoon rental agreements, wouldn't surprise me if they did. So Government might get a little off the construction cost, but the stadium management gets less during the operational stage.

[Terry]

https://www.dailytelegraph.com.au/news/ ... 6b6d628e8b

This article makes sense however our friend beatup has of course taken up the predictable NO argument due his raging bias against RL. Unfortunately for him he has attached himself to the coat tails of one the biggest distorters of the truth in Australia - the lamentable Peter Fitzsimons. Nothing this bloke says can be taken at face value.

The dill is famous for producing comic strip 'history' books and is now delving into comic strip activism. He is roundly laughed at by real historians. The real Fitzy is revealed in the article below:

http://www.heraldsun.com.au/news/not-a- ... 4c625dfa35

Yep. HE charged $8000.00 to host a fund raiser for childhood cancer support. That's money for HIMSELF. He then drank himself into oblivion on free red wine and ate the food off other peoples plates. Some people would say that is the behaviour of a selfish, arrogant pig.

He now screams, 'what about the hospitals, what about the kids', but he seems to forsake this mantra to pocket 8K from a kids cancer charity for himself. Hypocrite much????

Me thinks he has an agenda. Please discuss.

[AFLcrap1]

He's a dickhead

[post_hoc]

So, if you were building stadiums for a City, Perth built 1 Stadium for $1.3 Billion which will be used for what 5 months a year at best?

Sydney is building 3 Stadiums at a cost of $1.6 Billion which all 3 of them will be used 10-12 months per year. Now which do you think provides better value for Money?

Which do you think the AFL fanboys are kicking and screaming about?

[NlolRL]

So, if you were building stadiums for a City, Perth built 1 Stadium for $1.3 Billion which will be used for what 5 months a year at best?

Sydney is building 3 Stadiums at a cost of $1.6 Billion which all 3 of them will be used 10-12 months per year. Now which do you think provides better value for Money?

Which do you think the AFL fanboys are kicking and screaming about?

the fact Perth's stadium is regularly filled and must be upgraded to accommodate the demand, while Sydney's stadiums are rarely filled so they meet the current demand easily. Add to that Perth's stadium will be used for the cricket season

[AFLcrap1]

Add to that the two afl stadia in Syd have been upgraded or rebuilt so that afl fans have great new stadia & amenities costing hundreds of millions & now that other sport fans are going to get the same it's a major issue
Hypocrites the lot of them