Stadium sums who pays the IRFU

profitius

According to these it looks like the Aviva stadium will be a major cash cow for the IRFU.

Stadium sums who pays the IRFU

BIG PAYERS

Aviva naming rights: €45m (10-year deal from 2010)

Puma sponsorship: €48m (8-year deal from 2009)

Guinness sponsorship: €2m (per annum, new 5-year deal from 2010)

O2 sponsorship: €3m (per annum since 2006; 2 years to run)

IRFU BORROWINGS

€20m (clearance date now 2015 - 5 years ahead of schedule)

PREMIUM TICKETS

5,000* (€15k each) Sold Out -- (circa 200 buyers on waiting list)

* another 5,000 had been sold pre-Aviva and will come back on the market in 2013 (3,700) and 2015 (1,300)

CORPORATE BOXES*

12-seater boxes (x 10 @ €380k each) - 1 left

24-seater boxes (x 22 @ €520k each) - 2 left

50-seater boxes (x 4 @ €850k each) - sold out

* renewable after 5 years

STADIUM CAPACITY

52,000

Sunday Independent

http://www.independent.ie/sport/rugby/stadium-sums-who-pays-the-irfu-2353455.html

So according to those figures in 2013 the IRFU will get about €55,000,000 for 3,700 premium seats if they sell them as 10 year tickets for €15,000 each. In 2015 they'll get about €19,500,000 for 1,300 premium seats.

The boxes are sold for 5 years at a time and in 2015 will generate about €18,640,000 (€11,440,000 + €3,400,000 + €3,800,000).

Altogethar by 2015 the IRFU could potentially earn about €93,140,000 for the coporate boxes and premium seats alone according to those figures (feel free to correct me if I'm wrong). They have to be maintained etc but being conservative and say the figure is €70m it looks very healthy position to be in. They also have little or no debt at the moment.

I didn't include the Aviva naming rights (until 2020) or the Puma sponsorship (until 2018). I presume the FAI has a percentage of those.

The thing then is what do you think they should do with the extra cash? Upgrade stadiums, grassroots, buy new pitches and build club houses etc?

phog

profitius wrote: »

The thing then is what do you think they should do with the extra cash? Upgrade stadiums, grassroots, buy new pitches and build club houses etc?

Extend ROG's contract and keep him Ireland.;)

youcancallmeal

Buy up those houses around the Havelock Square end and finish the stadium.

ScrubsfanChris

Price tickets properly so your average fan/diehard can go to an International once in a while.

Build a property portfolio

WeeBushy

I think we should find out what their expenditure is before speculating on how much cash they have to play with, presumably not all of that is available to be spent on new projects.

profitius

I'd like Connacht to get an even amount of money with the conditions they use it to grow the game and help develop fringe players from other provinces.

Then I'd like to see grants given to underage rugby to help grow the game, especially in non rugby areas.

WeeBushy wrote: »

I think we should find out what their expenditure is before speculating on how much cash they have to play with, presumably not all of that is available to be spent on new projects.

Thats true. But if other sponsorships, normal tickets, TV deals etc can cover the expenses as I'm sure they can, they'll have the boxes and premium tickets as a bonus.

I'm not sure how much it costs to run the provinces each year but the IRFU probably gives about 20m I'd say. I might be wrong there though but I'm sure the IRFU were well able to afford it and make a profit before the redevelopment of the Aviva stadium. The new 6 nations deal for example is the bigger ever so they shouldn't be short of a bob in a few years.

[Jackass]

It'll take a few years, but i'd expect this money to be mainly pymped into the provences.

Leinster & Connacht need a new ground. I'd imagine (as has been mentioned by RDS management) that Leinster and RDS will do a deal to redevelop the RDS into a c. 25,000 modern all seater stadium.

Ravenhill needs continued development.

Connacht may just require some small updating of stands at racecourse if allowed.

Also Musgrave will be looked to be developed.

All of this of course will be co-funded by the provence themselves, but the improvement of facilities will be crucial.

Rugby infrastructure in this country needs updating still, and I think this money is the perfect way to do that, and of course, all of these things will pay for themselves eventually.

wixfjord

[Jackass] wrote: »

It'll take a few years, but i'd expect this money to be mainly pymped into the provences.

Leinster & Connacht need a new ground. I'd imagine (as has been mentioned by RDS management) that Leinster and RDS will do a deal to redevelop the RDS into a c. 25,000 modern all seater stadium.

Ravenhill needs continued development.

Connacht may just require some small updating of stands at racecourse if allowed.

Also Musgrave will be looked to be developed.

All of this of course will be co-funded by the provence themselves, but the improvement of facilities will be crucial.

Rugby infrastructure in this country needs updating still, and I think this money is the perfect way to do that, and of course, all of these things will pay for themselves eventually.

Leinster wont need anything like 25,000 if things keep going this way tbh, and only time we really need more than 20 odd is QF of HEC onwards and Munster games, and the Aviva is there for that.
Even complaints of falling attendances in Thomond over on MF.
An awful lot of Leinster fans go for the social element, which is fine when we're winning, but will be swapped for a night in the pub when we're not.

Developing Musgrave would be crazy, the Sportsground is the only ground badly in need of redevelopment.

danthefan

[Jackass] wrote: »

I'd imagine (as has been mentioned by RDS management) that Leinster and RDS will do a deal to redevelop the RDS into a c. 25,000 modern all seater stadium.

There is a possibility the Anglesea Stand will be rebuilt. Other than that, no.

thomond2006

I will go ape if they pump money into Musgrave instead of the Sportsground.

profitius

thomond2006 wrote: »

I will go ape if they pump money into Musgrave instead of the Sportsground.

I think Munster are paying for it themselves. Having just 8,000 capacity stadium in Munsters biggest city is like turning away free money and thats why they're increasing the capacity.

danthefan

thomond2006 wrote: »

I will go ape if they pump money into Musgrave instead of the Sportsground.

If Munster pay for it then so be it.

Risteard

Musgrave Park has already been confirmed for redevelopment as this thread highlights. Though it doesn't mention who pays for it.

Plus the sportsground isn't owned by the IRFU so it's not as easy as saying 'We're going to redevelop it.'

Though I would like to see the facilities improved in Sportsground as fans look very uncovered during harsh weather.

ScrubsfanChris

thomond2006 wrote: »

I will go ape if they pump money into Musgrave instead of the Sportsground.

Bit late, Musgrave park is closed from January onwards to build a 6'000 all-seater west stand.

thomond2006

I meant if the IRFU give money for Musgrave instead of the Sportsground. If the Munster Branch pay for it off their own back then fair enough.

I'm sure the IGB wouldn't be against a redevelopment.

[Jackass]

Well, a lot of what I mention is already in the pipeline....as said, Musgrave already has plans to be developed, and there has been talk of developing the RDS.

Let's not get carried away lads, 4 defeats for Leinster at the begining of a new coaches reign and all of a sudden we wont get the crowds? As recent as 6 or 7 years ago Leinster were getting c. 2,000 for Magners games, now the average is about 15,000. Season tickets sold out and a new stadium would be a 20 / 30 year + investment, and 25,000 is the perfect sizr before the Aviva would become more suitable...

As for sportsground, I doubt IRFU will commit too much money to it, but if Connacht could get a site for a 5,000 modern facility, that would be more desired and tangable.

And as for Ravenhill, there are already plans to knock and redevelop the old stand and as far as I know put stands similar to RDS behind each of the goals, bringing it to c. 20,000 stadium.

I think in the long term, IRFU are gearing towards a solo world cup bid, that's why I think facilities will benefit most. It would, of course, mean co-operation from the GAA and temporary / perminanet rennovation of som of their grounds as a sweetner....but I think that's long long term goal for IRFU...

You can do it with 10 - 13 stadia...RDS, Thomond, Musgrave, Ravenhill, Lansdowne, Croke Park would all nearly already be up to standard, or at least with minimal / planned development...even a redeveloped ground in Connacht would be too small, so IRFU would still be a fair way short...

JustinDee

profitius wrote: »

The thing then is what do you think they should do with the extra cash? Upgrade stadiums, grassroots, buy new pitches and build club houses etc?

I don't think you're taking into account what the existing game actually costs to run or develop.
Its the equivalent of adding up all your projected annual income for the next ten years without calling up a mortgage, basic shopping basket each month, motor etc.

As for what to spend it on, I'd say carry on as is. The game is being developed in a pretty well managed fashion, in my own humble opinion, with more to come.

The Puma sponsorship deal is with the IRFU only, by the way. It is not shared with FAI, who are in a sponsorship contract with Umbro.

profitius

JustinDee wrote: »

I don't think you're taking into account what the existing game actually costs to run or develop.
Its the equivalent of adding up all your projected annual income for the next ten years without calling up a mortgage, basic shopping basket each month, motor etc.

I did take it into account. They were making enough money to make a profit before the stadium was redeveloped and now they're getting more money from TV deals etc. The IRFU have also paid for the stadium.

I didn't take into account the Aviva naming rights, the normal ticket sales or the Puma deal, which - as you say - is an IRFU deal only. The Puma deal lasts until 2008.

So I'm sure the corporate boxes and premium seats will be a bonus or at least most of it will.

I don't think they'll increase funding for the provinces much besides giving Connacht more money. The other 3 provinces get funding but they're making their own money too and seem to be making more all the time. The ML also has alot more potential to bring in money.

thehighground

Risteard wrote: »

Musgrave Park has already been confirmed for redevelopment as this thread highlights. Though it doesn't mention who pays for it.

Plus the sportsground isn't owned by the IRFU so it's not as easy as saying 'We're going to redevelop it.'

Though I would like to see the facilities improved in Sportsground as fans look very uncovered during harsh weather.

Munster got a loan of €10m from the IRFU (to be repaid within 10 years) to help towards the development of Thomond, so I would presume the same would apply for any redevelopment in Musgrave.

I can't see the IRFU investing too much in a ground they don't own (the Sportsground in Galway). The RDS is responsible for any development there, not the IRFU/Leinster branch (though I do think the Leinster branch got a Gov. grant of 1m towards the upgrading of the RDS).

Guy:Incognito

profitius wrote: »

Then I'd like to see grants given to underage rugby to help grow the game, especially in non rugby areas..

This is whats needed.

We (Tallaght) have had a huge number of new lads through the club in the last 15 months since I've been involved. But last season we had a nightmare , facilities wise. We are renting one pitch that up till recently was our only place to train. From Novemebr on last year we trained in about 4 or 5 different places, including the warriors kindly allowing us the use of their training ground while they werent using it over Christmas. In all the upheaval we lost loads of players that I'm sure otherwise would have stuck around. It's meant the difference between us fieldign 2 teams or 3 for this season. It's mirrored in our underage teams.Our U19 players have a core of abotu 15 but have gone thorugh huge amounts of kids that we never see again.

A settled ground with facilities , even just some lights to train under would definately help build the club in an area thats had huge rugby growth recently. It's a market that needs to be tapped before interest wains.