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Legislative Assembly for the ACT: 2000 Week 3 Hansard (9 March) . . Page.. 778 ..

CORPORATE SUITES

Corporate suites will be sold by the Territory on a 1 year, 3 year or 5 year basis and revenue from suites will be split 60% to the Territory and 40% to be, divided among the Hirers (on a revenue and attendance formula). This formula will be net of catering expenditure which will go to the Territory.

Corporate Boxes during the Raider's hiring period will be sold by the Raiders individually on a season by season basis and revenue from boxes will be split 16.5% to the Stadium and 83.5% to the Raiders. This formula will be net of catering expenditure, which will all go to the Territory.

The premium seating program (Gold Pass) will be sold by the Territory on a 5 to 10 year basis and revenue from these Gold Passes will be split 70% to Territory the and 30% to be divided among the Hirers (on a revenue and attendance formula).

MERCHANDISE SALES

The Territory will provide professionally equipped merchandise sales outlets and will assume responsibility for merchandise sales on consignment on behalf of the Raiders. The cost of goods will be the responsibility of the Raiders and the Territory will retain a commission of 10% of gross sales together with its selling costs.

STADIUM NAME

The upfront capital payments for naming rights will be shared 80% between the Territory and 20% between the Hirers (on a revenue and attendance formula). Annual naming rights premium will be shared 60% between the Hirers (on a revenue and attendance formula) and 40% to the. Territory.

ADVERTISING SIGNAGE

Revenue from signage and advertising wi11 be dealt with in several categories. Onfield and fenceline signage will be available exclusively to Hirers with a 20% commission paid to the Territory plus costs of material and labour. Tri vision fenceline panels will be provided in key areas and provision will be made for signage with digital readouts.

Revenue from other signage away from camera view (eg concourses) will belong to the Territory. However, there will not be an exclusive deal by the Territory to lock out the Raider's sponsors.

Provision will he made for the Raiders to meet. national signage requirements which do not produce direct revenue for the Raiders.

All Hirers have agreed with the concept of a joint marketing approach for the Hirers and the Stadium, although further detailed work needs to be done before the concept can be implemented.

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