Menu
Facilities

J2 Club Gamba Osaka Turns To Fans, Local Businesses To Fund New Stadium

Japan Professional Football League club Gamba Osaka is turning to its supporters and local businesses to try and raise the remaining 3B yen ($30M) it needs to build its new 40,000-capacity stadium, due for completion in mid-2015. Construction on the 14B yen ($140 million) football-dedicated stadium to replace the current 21,000-seater multi-purpose arena was scheduled to begin in July, but was pushed back to December for further surveys after tunnels were discovered under the new site, a former World War II munitions dump. This allowed Gamba to resume its fundraising drive this month after donations from supporters fell sharply following the team’s relegation from the top division to J2 last season. Gamba spokesperson Koichi Otani told SBD Global, “The original campaign finished in March this year, but has now been extended to March 31, 2014. The aim is to collect all the money from private sources: fans and businesses.”

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.

SBJ Morning Buzzcast: May 9, 2024

WNBA regular season games to be available on Disney+; Candace Parker's new role at Adidas; Rory McIlroy will not return to PGA Tour Policy Board and Theo Epstein's role with the PGA Tour moving forward.

Phoenix Mercury/NBC’s Cindy Brunson, NBA Media Deal, Network Upfronts

On this week’s pod, SBJ’s Austin Karp chats with SBJ NBA writer Tom Friend about the pending NBA media Deal. Cindy Brunson of NBC and Phoenix Mercury is our Big Get this week. The sports broadcasting pioneer talks the upcoming WNBA season. Later in the show, SBJ media writer Mollie Cahillane gets us set for the upcoming network upfronts.

SBJ I Factor: Molly Mazzolini

SBJ I Factor features an interview with Molly Mazzolini. Elevate's Senior Operating Advisor – Design + Strategic Alliances chats with SBJ’s Ross Nethery about the power of taking chances. Mazzolini is a member of the SBJ Game Changers Class of 2016. She shares stories of her career including co-founding sports design consultancy Infinite Scale career journey and how a chance encounter while working at a stationery store launched her career in the sports industry. SBJ I Factor is a monthly podcast offering interviews with sports executives who have been recipients of one of the magazine’s awards.

Shareable URL copied to clipboard!

https://www.sportsbusinessjournal.com/Global/Issues/2013/08/07/Facilities/Gamba-Osaka.aspx

Sorry, something went wrong with the copy but here is the link for you.

https://www.sportsbusinessjournal.com/Global/Issues/2013/08/07/Facilities/Gamba-Osaka.aspx

CLOSE