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Stadium + Snoop = Millions

Martyn - Derwydd

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Location
Myrtle Beach, South Carolina, USA
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Myrtle Beach, South Carolina, USA
Given Snoops comment about getting top artists to do concerts at the stadium I suspect we are buying the stadium in the Summer

A 15000 crowd for a top concert generates 2m in revenue on ticket prices alone.

Run 5 concerts a year and thats a cool 10m plus


Although the immediate cost is high, owning a stadium transforms a football club from merely a sports team into a year-round entertainment real estate business
 
Leaving aside the notion that the stadium would get 2m in revenue from a concert (that’s about 5 times more than Wembley gets for hosting a concert ) the club already get the rental fees from concerts since it bought Stadco.

In reality, the stadium gets a fee from the promoter for holding a concert there, not the ticket sales.
 
Leaving aside the notion that the stadium would get 2m in revenue from a concert (that’s about 5 times more than Wembley gets for hosting a concert ) the club already get the rental fees from concerts since it bought Stadco.

In reality, the stadium gets a fee from the promoter for holding a concert there, not the ticket sales.

The ticket sales normally go to the artist after their management has forked out for hiring the venue.
 
You’re not getting “top artists” in a stadium the size of ours. There are arenas bigger than that in cities far more lucrative than Swansea.
 
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