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Secondary and tertiary markets are ponying up to retain/attract minor-league sports teams. ~$2 billion has been spent renovating or building new stadiums over the last half decade. At least 85% of that total was public funding. Why? Stadium construction projects can activate an otherwise dormant tax base, and the future tourism and tax benefits should dwarf building costs. Plus, they view it as a civic investment that uplifts local spirits...and a new venue can attract sophisticated private business owners capable of investing into the broader market to town (think: mixed-use development projects). #stadium #venue #construction #sports #sportsbiz #tax #tourism #investment cc: David Carlock https://lnkd.in/e4XXgMyJ

Social clubs are one of the 5 Cs that the Boomers used to chase. Is it on the list of priorities for younger generations? Social clubs are trying to bridge the divide and make their offerings relevant to new audiences. Will their different approaches make a difference? How are clubs dealing with issues like lease renewals and renovation works for ageing buildings? Storm-asia talks to a few social clubs to get their perspectives. #socialclubs #clubs #golf #stormsasia #society https://zurl.co/G9sX

🔥🔥 HOT OFF THE PRESS! 🔥🔥 Crystal Palace is gearing up for their final two home Premier League matches of the season against Manchester United and Aston Villa! Tickets are dropping at 10:00 and fans are buzzing with anticipation. 😎⚽️ But wait, there's more! 📣 Just as Crystal Palace is ready to elevate their game, Sell Maverick is here to elevate YOUR brand! 🚀 As a leading Small Business Marketing Consultant in London, we're all about taking your business to the next level. Our A.I. websites, apps, and internet marketing strategies are the game changers you need to stand out from the crowd. Just like Crystal Palace has had their biggest successes over the Villans, we've had ours by helping small businesses thrive in the digital world. 🌐💼 So, while you're waiting for those tickets to go on sale, why not check out https://lnkd.in/eX9aDCHK and see how we can score a win for your business? 🏆 Remember, every champion was once a contender that refused to give up. Let's win this game together! 💪🔥 #SellMaverick #SmallBusinessMarketing #AIWebsites #InternetMarketing #London #CrystalPalace #PremierLeague [Photo by Md Mahdi on Unsplash]

Our partner Charlotte Lewis-Williams shared insights on how sports finance is evolving in 2025. Read the article to learn about innovative strategies and the rise of inclusive practices in the industry. #SportsFinance #Innovation #TrendsInSports

English Premier League team Southampton Football Club has signed a Memorandum of Understanding with Southampton City Council to explore the redevelopment of the St Mary’s Waterfront area, including expansion of its stadium. Phil Parsons, Lorna Fielker https://lnkd.in/ePGpvwUk

Two bids remain in the battle for an Auckland based national stadium. Total Property explores these two options and what they mean for Auckland’s commercial property landscape, and we look at how Christchurch's One New Zealand Stadium is progressing. Click the link below to read the full Total Property article. #TotalProperty #BayleysCommercial #BayleysInsights

MANCHESTER UNITED'S PLANS FOR OLD TRAFFORD Big Changes Ahead: Manchester United is considering some major changes to their iconic Old Trafford stadium. The club's owner, Sir Jim Ratcliffe, has been talking about building a brand new stadium that could cost a whopping £2 billion. New Stadium on the Horizon: Sir Jim Ratcliffe has been dreaming of a new stadium ever since he became a part owner of the club. He even put together a special team to help make his dream a reality. The new stadium could hold up to 100,000 fans and has been compared to Wembley Stadium in London. Old Trafford's Fate: Originally, the plan was to keep Old Trafford around but make it smaller. This way, it could still be used for the women's and academy teams. However, a recent report suggests that Old Trafford might actually be torn down instead. Complex Plans: The club is now thinking that keeping a smaller Old Trafford might be too difficult and expensive. They are considering building a new, smaller stadium for the women's and academy teams instead. Preserving History: If Old Trafford does end up being demolished, the club promises to set up a special group to make sure that the historical parts of the stadium are saved. Surveying Supporters: To get a better idea of how fans feel about all these changes, Manchester United will be sending out a survey to season ticket holders. This way, they can make sure that the fans are on board with the plans for the future. Follow the Kilowiblog channel on WhatsApp: https://lnkd.in/dJw5GDAc

As you sit in your home watching the amazing talent of the #Olympic athletes, have you thought about how much it costs the host city to bring this level of entertainment into your living room? Hosting the Olympics may involve staggering costs, including infrastructure development, security, and operational expenses, which can run into billions of dollars. Los Angeles has been the only Olympic host city to turn a profit, finishing with a $215 million operating surplus. Despite the price tag, the long-term economic impact can be unpredictable, with benefits varying widely depending on the host city’s ability to leverage the event for sustained growth and #tourism.

Oxford United Football Club’s new stadium moves a step closer Oxford United has signed a legally binding lease option with Oxfordshire County Council for land known as The Triangle, as well as completing a community collaboration agreement. The EFL (English Football League) League One club said it follows the news last month that heads of terms had been agreed following detailed negotiations. The completion of the contracts represents a significant step forward in securing Oxford United a long-term home in the county and the future of the 131-year-old football club. Earlier this year an application was submitted to build a new, modern, eco-friendly, 16,000-capacity stadium. The club will be able to fully exercise the 250-year lease once planning permission has been obtained from Cherwell District Council for the development. The lease option agreement includes provisions to ensure Oxford United’s right to play at the stadium is secured, along with safeguards on rent and use of facilities. The community collaboration agreement formalises the club’s commitment to social, environmental and economic benefits for the community, as outlined in the seven strategic priorities set by the council. The strategic priorities include improving public transport and achieving a net-zero development. Oxford United has also committed to the production of a Net Zero Plan in line with the UN Sports for Climate Action Framework. For the full story, go to: https://lnkd.in/eaUJ6YJb AFL Architects is leading the stadium design, with Ridge and Partners LLP, Mott MacDonald and fabrik among the project team. Adam Benson Luke Dick Tim Williams Jonathon Clarke Jim Frayling Rob Sayce John Roberts Marcel Ridyard Matt Summerill Andrew Cottrell MRICS MCIOB #football #footballbiz #footballindustry #sportsbiz #sportsindustry #stadium #stadia #sportsvenuebusiness #sportsvenuebiz #svblive Sports Venue Business SVB LIVE John Sheehan Cassandra Calleja The Sports Networker David Hall

As a city, Sheffield isn't blessed with an obvious focal point. But for two weeks every year, in the run up to the May bank holiday, the World Snooker Championship takes centre stage. As Kyren Wilson closed in on a deserved victory in an improbable final, thoughts turned to how many more times the shepherdess trophy might be lifted at the Crucible Theatre. Barry Hearn has made it clear, in no uncertain terms, that sentiment will not cloud any decision on the future of The Crucible and has openly used his platform as a sales pitch to invite an offer from the highest bidder. History is vital to sport: it provides context and identity. Idiosyncrasies are what makes sport special. The Colosseum and Rome are inextricably coupled. Here's the solution: 1️⃣ 𝐔𝐬𝐞 𝐚 𝐬𝐮𝐩𝐩𝐥𝐞𝐦𝐞𝐧𝐭𝐚𝐫𝐲 𝐯𝐞𝐧𝐮𝐞  Retain the Crucible as Snooker's Centre Court, doing away with the two-table setup but preserving all of the atmosphere. Work with Sheffield City Council to build or identify a neighbouring venue (there is literally another theatre next door) to instantly double the number of tickets available and create a central tournament hub for fans. 2️⃣ 𝐀𝐩𝐩𝐥𝐲 𝐝𝐚𝐭𝐚 𝐭𝐨 𝐬𝐮𝐩𝐩𝐨𝐫𝐭 𝐭𝐢𝐞𝐫𝐞𝐝 𝐩𝐫𝐢𝐨𝐫𝐢𝐭𝐲 𝐭𝐢𝐜𝐤𝐞𝐭𝐢𝐧𝐠 Genuine fans will always miss out at an intimate venue. But make sure tickets are going to the people who attend by understanding your data. Nobody wants to see empty seats, which there were in every session. And yet try to buy tickets for 2025 now from Sheffield Theatres, having launched on general sale yesterday, and you'll find sparse pickings beyond the highest tier of hospitality. A failed rocket launch might be a good place to investigate untaken spaces. 3️⃣ 𝐄𝐧𝐡𝐚𝐧𝐜𝐞 𝐩𝐥𝐚𝐲𝐞𝐫 𝐟𝐚𝐜𝐢𝐥𝐢𝐭𝐢𝐞𝐬  The WST should work with directly with players to identify what would help them perform at their best and feel supported. Fund improvements by selling the prestige of association with the historic venue to Eastern sponsors and consider backstage opportunities that Formula One harnesses so well to drive digital engagement by framing the sport around personalities. It's only a game but... you better believe I'm right 🎶 #sheffield | #sportsbiz | #sportstech