FC Botosani Unveils $20M Stadium Design Tokyo Unveils Logos For 2020 Olympics Liverpool Says Expansion Project Underway Scrapped Stadium To Cost Japan $47M Sparkasse Gets Ski Jumping Arena Rights Bulldogs President Wants Smaller Stadium Tokyo '20 Head: IOC To Welcome Stadium Football Coaches Criticize MCG Surface Timeline Laid Out For Tokyo Stadium EPL To Veto Tottenham, Chelsea Moves
Enter amount in full numerical value, without currency symbol or commas (ex: 3000000).
SBD Global/August 7, 2013/Facilities
J2 Club Gamba Osaka Turns To Fans, Local Businesses To Fund New Stadium
Published August 7, 2013
ECONOMIC LIMITATIONS: Gamba’s owner Panasonic is reported to have provided 8B yen ($80M) in funding for the stadium, but the Osaka-headquartered electronics giant lost more than 1.5 trillion yen ($15B) over the last two years, and is unlikely to stump up any more. Facing fundraising problems, Gamba considered a 32,000-seater stadium, but Otani confirmed that it was going ahead with plans for a 40,000 capacity venue that would meet FIFA regulations on hosting World Cup games. Gamba won the Asian Champions League in '08 and average attendances peaked at 17,712 the following season, but with relegation last year, crowds dropped to 14,778 and they were overshadowed by cross-town rivals Cerezo, which averaged 16,913. Gamba is currently first in J2 and looks set to return to the top division.
Gavin Blair is a writer based in Tokyo.