Starting Five Hangin' With ... Pascha Naderi-Nejad China Most Promising Market For Bayern DFB-Pokal Sponsors Largely Unknown FIA Inspects Ferrari Wind Tunnel AEG, Bahamas Sign Agreement Louis Vuitton Extends America's Cup Deal Arrests Unlikely To Rattle FIFA's Finances Europa League Final Draws 2.6 Million Executive Transactions
SBD Global/April 18, 2014/FacilitiesPrint All
Liverpool has "taken another significant step towards their stadium redevelopment by legally committing to the proposed" £260M ($437M) regeneration of the Anfield area, according to Andy Hunter of the London GUARDIAN. Club Chair Tom Werner "has signed the heads of terms document that will lead to a formal contract being entered into by the football club, Liverpool city council and Your Housing Group, the three parties involved in the proposed scheme for the overall area." The results of a recent consultation exercise on the project "will be presented to the council's cabinet next week when Liverpool's plans for Anfield stadium" -- a rebuilt Main Stand followed by a new Anfield Road End -- "will be unveiled to local residents and supporters" (GUARDIAN, 4/17). In Liverpool, James Pearce reported it is a "significant milestone in the delivery of the project, which could lead to the creation of an estimated 770 jobs, as it allows each organisation to progress its respective schemes in the confidence that there is a legally binding agreement in place." As well as the proposed stadium expansion, the Anfield Project "includes the following key components: Anfield Village and Rockfield housing refurbishment projects; new build housing; Walton Breck Road and the High Street corridor regeneration; a proposed training hotel; a proposed business hub; new public space, 96 Avenue and Anfield Square; the completion of Stanley Park and a proposed Hub in the Park" (LIVERPOOL ECHO, 4/17).
Second Bundesliga club Dynamo Dresden "will once again receive financial support toward its stadium rent and financial relief from the city of Dresden," according to the SID. A city council proposal calls for an additional €500,000 ($692,000) on top of the €1.12M ($1.55M) the club already receives from the city. In case the club gets relegated to the 3rd League at the end of the season, the city would make a one-time payment of €1.3M ($1.8M) to the club for the '14-15 season. For years, the stadium rent of more than €5M ($6.9M) annually has been a financial burden to the club (SID, 4/17).
Pirtek Stadium's A$29M ($27M) million facelift has been "sent back to the drawing board following a dispute" with the National Rugby League and the Football Federation of Australia over "how the funds should be spent," according to Josh Massoud of the Sydney DAILY TELEGRAPH. Plans to upgrade corporate facilities in the "eastern grandstand from August have been temporarily aborted." A-League side Western Sydney Wanderers had "staunchly opposed that leg of the redevelopment because it would have slashed the venue's capacity" by 3,000 seats for next summer's A-League. The remainder of the money was to be spent on 1,500 "additional seats at the northern end and new dressing rooms under the western grandstand." While both the Wanderers and its other major tenant, NRL side Parramatta Eels, want "new facilities for players, both clubs have been petitioning for alternative improvements." Parramatta CEO Scott Seward wants the "leftover money to be saved for a major redevelopment that would increase capacity to 32,000." Venues New South Wales believes that a "project of that magnitude" would cost in excess of A$100M and possibly leave both clubs "homeless for at least a year." A NSW Sports Minister spokesperson confirmed "renewed talks would now commence with the Eels and Wanderers" (DAILY TELEGRAPH, 4/18).