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Wimbledon Secures £175M Loan For Retractable Roof, Other Improvements

Published in SportsBusiness Daily Global on 08 / 16 / 17

The All England Lawn Tennis Club took out a £175M ($225.1M) loan facility to "finance the construction of a retractable roof" over Wimbledon's No. 1 court and "other improvements," according to Martyn Ziegler of the LONDON TIMES. The roof will cost £71M ($91.3M) and "should be completed ...

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Australian Open To Get New Stadium

Victoria State Treasurer Tim Pallas said that a multi-purpose 5,000-seat stadium is to be built at Melbourne Park "as part of efforts aimed at keeping the Australian Open grand slam tennis tournament at its current site," according to Peter Rutherford of REUTERS. Pallas said that work on the st ...

Tags: Facilities, Australia

Everton In Talks With Chinese Firm

Everton is in "advanced talks with a wealthy Chinese consortium" for a multi-million-pound investment which will enhance the team's "ambitions to break into the Premier League elite" and help it "pay for the planned new stadium in the Bramley Moore ...

Tags: Facilities, United Kingdom

Scottish Racing Could Lose Course

Scottish racing "could lose one of its five racecourses," according to Cornelius Lysaght of the BBC. The track at Musselburgh is "only operating" on a temporary license from the British Horseracing Authority, which has "expressed dissatisfaction" with the course's "governance." The sp ...

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Headingley Redevelopment Imminent

A £35M ($44.9M) redevelopment of Headingley Stadium "could start within weeks," after Leeds City Council’s cabinet on Wednesday approved an "emergency deal to safeguard the long-term future" of int'l cricket in the city, according to Aisha Iqbal of the YORKSHIRE EVENING POST. Planning pe ...

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Facility Notes

The Gilles Villeneuve Formula 1 circuit is "undergoing upgrades in preparation for this year's Canadian Grand Prix ." While the layout of the Montreal circuit will not be altered, the "safety features of the track will be revised." Most of the guardrails and some 5,000 tires "will be ...

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Designer Shares Images Of Anfield

A Mersey designer has come up with an "ambitious vision for what Anfield would look like as the second biggest stadium in the world," according to Alistair Houghton of the LIVERPOOL ECHO. Kayla Bibby "wants to see Walton Breck Road diverted" so Liverpool can "extend the Kop." But she has not "just d ...

Tags: Facilities, United Kingdom

Museum Stand's Time May Be Up

Wellington Mayor Justin Lester is targeting the Basin Reserve's "historic" Museum Stand, according to Collette Devlin of STUFF. The heritage-listed stand, which once contained the players' tea room, was opened on New Year's Day 1925, but has not been open to spectators since '12 "because it is ...

Tags: Facilities, New Zealand

McLean Park Upgrades To Cost NZ$2M

An upgrade of New Zealand McLean Park's turf and drainage systems is "expected to cost" Napier City Council more than NZ$2M ($1.41M), according to Simon Hendery of STUFF. An overhaul of the ground will be "carried out next summer and is necessary to ensure the venue remains up to scratch" for int'l ...

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Stadium To Be Built In Ciudad Juárez

Chihuahua, Mexico Governor Javier Corral announced that Ciudad Juárez "will have a new stadium which will be built this year," according to LA AFICIÓN. Corral "did not rule out that the stadium could be the home of Ascenso MX side FC Juarez." Corral: "For Juárez, what we ar ...

Tags: Facilities, North America

Gibraltar FA To Purchase Victoria Stadium

The Gibraltar FA will purchase the Victoria Stadium from the government for £16.5M ($21.2M) to "develop it as its national stadium," according to GBC. The funding for the purchase, as well as a further £15M ($19.3M) for the "development of the site into a category 4 stadium," has be ...

Tags: Facilities, Europe

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