Eden Park
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@WillieTheWaiter said in Eden Park:
Seems strange that a trust that has been putting their hand out for years cause they're ALWAYS in the shit financially have never sold the naming rights.. such a simple income stream.. what's their excuse?!
Same reason we don’t put ADIDAS strips on an All Black jersey
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@WillieTheWaiter said in Eden Park:
Seems strange that a trust that has been putting their hand out for years cause they're ALWAYS in the shit financially have never sold the naming rights.. such a simple income stream.. what's their excuse?!
Same reason we don’t put ADIDAS strips on an All Black jersey
But is it though? I get the ADIDAS thing on the AB brand but is that the case of a park? Because of the "brand"?
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@WillieTheWaiter said in Eden Park:
Seems strange that a trust that has been putting their hand out for years cause they're ALWAYS in the shit financially have never sold the naming rights.. such a simple income stream.. what's their excuse?!
Same reason we don’t put ADIDAS strips on an All Black jersey
Yeh but there's a big fat logo on there that they pay 100m for.
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@WillieTheWaiter said in Eden Park:
Seems strange that a trust that has been putting their hand out for years cause they're ALWAYS in the shit financially have never sold the naming rights.. such a simple income stream.. what's their excuse?!
Operationally, Eden Park makes money - the loss is because of depreciation.
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@WillieTheWaiter said in Eden Park:
Seems strange that a trust that has been putting their hand out for years cause they're ALWAYS in the shit financially have never sold the naming rights.. such a simple income stream.. what's their excuse?!
Operationally, Eden Park makes money - the loss is because of depreciation.
I thought they struggled to pay their debts and were always asking the council to write off their loans... which suggest a cashflow issue?
I think "Stadium Steinie" has a nice ring to it.. ha.
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I just read the naming is only for one week? did i miss that earlier?
"Eden Park will sell the naming rights to the national stadium for one week - during the Bledisloe Cup later this month. ASB Bank has secured the temporary naming rights and plans to gift it to a struggling New Zealand business.
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Eden Park's accounts are online as a registered charity - they lose money after depreciation is taken into account i.e. replacement costs of the assets. That's obviously a reasonable accounting point over the lifetime of the stadium, but they don't struggle to pay the running costs with the ticket sales in a normal year (Covid aside).
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@Kiwiwomble said in Eden Park:
I just read the naming is only for one week? did i miss that earlier?
"Eden Park will sell the naming rights to the national stadium for one week - during the Bledisloe Cup later this month. ASB Bank has secured the temporary naming rights and plans to gift it to a struggling New Zealand business.
That's pretty weird!
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@Tim Lancaster Park at Jade Stadium doesn't work for you?
Was the other way round at Lancaster Park i.e. Jade Stadium at Lancaster Park. Commentators tried just calling it Lancaster Park at first, but got pulled into line by someone over it (for the obvious commercial reasons of not giving sponsors their money's worth) and it just became Jade Stadium over time.
Though, now that it's fucked apparently it is Lancaster Park again.
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Arise dead thread!
Sounds good, but "Friday's announcement did not include a timeframe or a cost estimate, or how the development will be funded."
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@Machpants be ready about 2083 ,when my grandkids will grandparents themselves
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Stuff
Bold multimillion-dollar vision - Eden Park plans retractable roof, new stands
