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Legislative Assembly for the ACT: 2000 Week 3 Hansard (9 March) . . Page.. 785 ..


TICKETING

There will be one ticketing company contracted by the Territory for all hirers. The Major Hirers will be consulted in that negotiation. A computerised box office will operate on site, at remote locations and via telephone sales. All seating within the Stadium will be treated as allocated seating and there will be a minimum number of ticket categories.

The preferred arrangement will be for settlement of the gate to be made on match days by way of a preliminary calculation based on 80-90% of anticipated funds paid by cheque on match day to ACTRU. The balance will be settled within 7 days after final accounts have been negotiated.

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 Major 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 hiring period will be sold by ACTRU individually on a season by season basis and revenue from boxes will be split 16.5% to the Stadium and 83.5% to ACTRU. This formula will be net of catering expenditure which will 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 and 30% to be divided among the Major 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 ACTRU. The cost of goods will be the responsibility of ACTRU 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 Major Hirers (on a revenue and attendance formula). Annual naming rights premium will be shared 60% between the Major Hirers (on a revenue and attendance formula) and 40% to the Territory.


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