Skip to main content

Spurs ahead in stadium stakes

Spurs’ state-of-the-art stadium is the envy of the Premier League and has been widely considered one of the best venues in Europe since it opened in April 2019 — after a three-year build — at a cost of £1.2billion ($1.6bn).

The Emirates, now nearly 20 years old, remains a spectacular ground in its own right, and one of the best in England, but it has aged quickly over the past six years due to the competition it faces from the blue-and-white part of north London.

Whether it is hosting the biggest music artists, annual NFL matches, boxing events or housing the F1 Drive — an electric go-karting track — under the South Stand, Spurs’ stadium is light years ahead of Arsenal’s home.

As part of their agreement with Islington Council, Arsenal can host six non-football events attended by more than 10,000 people per calendar year. Only three of these are allowed to be music concerts.

Spurs, on the other hand, can host up to 30 non-football events. That is an increase on the 16 Haringey Council’s Planning Committee previously permitted them to stage after the club were granted permission to increase the cap in December last year. Under the original agreement, music concerts were limited to a maximum of six.

As part of the new agreement between the club and Haringey Council, there is no longer a cap on the number of such gigs they can host, so long as it remains within their limit of 30. When it comes to boxing, however, the stadium is only allowed to stage two events a year.

An advantage Tottenham have over the rest of the Premier League is that they can host such events during the football calendar, due to their retractable pitch. This is a feat of engineering now replicated by Real Madrid as part of their renovation of the Bernabeu, and a reason why Arsenal have to wait until the summer before hosting non-football shows.

The powers that be at Arsenal, most notably their American owners the Kroenke family, have been giving some thought to what could be done at the Emirates from a redevelopment standpoint as they seek to maximise the club’s revenue streams. There will be multiple options on the table in terms of increasing the capacity and modernising and digitising the stadium experience, but, as it stands, there is no formal plan.

The big question for Arsenal on this front is how big and how far they want to go when it comes to redevelopment. They are constrained by the space available at the site so, realistically, they have to either build up or dig down.

 

Comments

Popular posts from this blog

Fulham requires big funding from owner

After lengthy delays, Fulham’s shiny, new Riverside Stand has finally opened, creating “a unique Thameside destination with first class facilities for supporters and partners on match days, as well as for the wider community year-round”. This ambitious project has increased Craven Cottage’s capacity by around 4,000 to 29,600, while it has also taken advantage of the club’s fantastic location and wealthy catchment area by including two Michelin star restaurants, a rooftop swimming pool, corporate hospitality and event space, all benefiting from views of the Thames. Chief executive Alistair Mackintosh observed, “Fulham is the sort of club that can have a business class or first class and have fans that turn left on a plane.” Indeed, there is also an exclusive members club – with a football season ticket as an optional extra. It’s fair to say that “the times they are a-changing”, as this is a long way from the traditional pie and a pint. However, in a world where clubs face the tw...

Threat of financial calamity removed from Baggies

West Bromwich Albion had effectively been in decline ever since the club was sold to a Chinese consortium in August 2016, paying a figure north of £200m to buy former owner Jeremy Peace’s stake. Controlling shareholder Guochuan Lai’s ownership was fairly disastrous for the club, but his unloved tenure finally came to an end after Bilkul Football WBA, a company ultimately owned by Florida-based entrepreneur Shilen Patel and his father Dr Kiran Patel, acquired an 87.8% shareholding in West Bromwich Albion Group Limited, the parent company of West Bromwich Albion Football Club. This change in ownership was urgently required, due to the numerous financial problems facing West Brom, including growing high-interest debt and serious cash flow concerns, following years of no investment from the former owner. Indeed, West Brom’s auditors had already rung the alarm bell in the 2021/22 accounts when they cast doubt on the club’s ability to continue as a going concern without making player s...

A poor financial record, but new hope at Everton

I recently saw an amusing video online in which a group of Everton fans were rebuked in jest for being hopeful.  Football fans in general tend to swing between excessive optimism and excessive pessimism, but for many it seems that moaning is in their bloodstream (Spurs fans probably take the trophy).  However, Everton fans have had plenty to moan about on and off the pitch.   Let’s hope that a new era is about to begin for this grand old club. Everton’s 2023/24 financial results covered a fairly momentous season, when they ended up 15th in the Premier League, though they would finished three places higher if they had not received an 8-point deduction for breaching the Premier League’s Profitability and Sustainability Regulations (PSR). It was a worrying time for Everton fans, as the club faced a “perfect storm” of issues, including large financial losses, an ever increasing debt burden, a challenging stadium build and the tortuous sale of the club. There were eve...