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Legislative Assembly for the ACT: 2000 Week 3 Hansard (9 March) . . Page.. 791 ..


TICKETING

There would be one ticketing company contracted by the Stadium for all Tenants and they would be consulted in that negotiation. A computerised box office would be required to operate on site, at remote locations and via telephone sales. All seating Within the Stadium would be treated as allocated seating and there would be a minimum number of ticket categories.

The preferred arrangement would 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 the Tenants. The balance would be settled within 7 days after final accounts have been negotiated.

CORPORATE SUITES

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

Corporate Boxes will be sold by the Tenants individually on a season by season basis and revenue from boxes will be split 16.5% to the Stadium and 83.5% to the individual Tenants . This formula will be net of catering expenditure which will all go to the Stadium.

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

MERCHANDISE SALES

The Stadium will provide professionally equipped merchandise sales outlets and will assume responsibility for merchandise sales on behalf of all Tenants. The cost of goods will be the responsibility of the Tenants and the venue will retain a commission (rental) 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 Stadium and 20% to the Tenants. Annual naming rights premium will be shared 60% to tenants and 40% to the Stadium.

ADVERTISING SIGNAGE

Revenue from signage and advertising will be dealt with in several categories. Onfileld and fenceline signage will be available exclusively to each code with a 20% commission paid to the Stadium 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.


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