Menu
Download the app

SBJ subscribers – Enhance your experience with the revamped iOS app

Facilities

HK Deputy Secretary For Home Affairs McKinley Calls For Kai Tak Funding Decision

Before a "last-gasp approach for funding," Hong Kong Deputy Secretary for Home Affairs Jonathan McKinley said that the Legislative Council has all the information needed to make an "informed decision on the application" for HK$62.7M ($8M) for pre-construction work on Hong Kong's Kai Tak Sports Hub, according to Alvin Sallay of the SOUTH CHINA MORNING POST. He warned that a "failure to take a decision on Wednesday would lead to further delays on the completion of the project" -- now hoped to be finished by '21 -- and the cost "ballooning" from the estimated HK$25B ($3.2B). McKinley: "We feel they have enough information to be able to make a decision at the PWSC meeting on Wednesday. We need this funding so that we can draw up the detailed technical specifications and estimated budget for the project, for future consideration by Legco." He said that "any more delays would put inflationary pressure on the cost of the project featuring three major sporting facilities -- a 50,000-seater stadium with a retractable roof, a multi-purpose ground for 5,000 spectators and an indoor arena for 4,000 fans." The Hong Kong Rugby Football Union, one of the main users of the stadium once it is built, called for a "quick resolution." HKRFU CEO Vern Reid said, "It is important that the funds for the scoping of the new stadium are released as soon as possible as delays here will, by definition, put back the delivery of the new stadium" (SCMP, 5/4).

SBJ Morning Buzzcast: March 25, 2024

NFL meeting preview; MLB's opening week ad effort and remembering Peter Angelos.

Big Get Jay Wright, March Madness is upon us and ESPN locks up CFP

On this week’s pod, our Big Get is CBS Sports college basketball analyst Jay Wright. The NCAA Championship-winning coach shares his insight with SBJ’s Austin Karp on key hoops issues and why being well dressed is an important part of his success. Also on the show, Poynter Institute senior writer Tom Jones shares who he has up and who is down in sports media. Later, SBJ’s Ben Portnoy talks the latest on ESPN’s CFP extension and who CBS, TNT Sports and ESPN need to make deep runs in the men’s and women's NCAA basketball tournaments.

SBJ I Factor: Nana-Yaw Asamoah

SBJ I Factor features an interview with AMB Sports and Entertainment Chief Commercial Office Nana-Yaw Asamoah. Asamoah, who moved over to AMBSE last year after 14 years at the NFL, talks with SBJ’s Ben Fischer about how his role model parents and older sisters pushed him to shrive, how the power of lifelong learning fuels successful people, and why AMBSE was an opportunity he could not pass up. Asamoah is 2021 SBJ Forty Under 40 honoree. 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/2015/05/05/Facilities/Kai-Tak.aspx

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

https://www.sportsbusinessjournal.com/Global/Issues/2015/05/05/Facilities/Kai-Tak.aspx

CLOSE