Tag Archives: Operating revenue

Stadium: private sector funding

### ODT Online Thu, 2 Dec 2010
$2.7m donated to stadium
By Stu Oldham
Four anonymous benefactors have donated $2.7 million to Dunedin’s new stadium, pitching total fundraising close to $38 million. Two of the donations are in the very high hundreds of thousands of dollars, and two more are in the hundreds of thousands of dollars.

The Carisbrook Stadium Trust, and by extension DVML, was tasked to raise $45.5 million toward the stadium project.

Read more

****

On changes to the stadium layout, options for the Academy of Sport moving to the back of the North Stand, and relocatable seating…

### ODT Online Thu, 2 Dec 2010
New plans for media box
By Stu Oldham
Sports journalists may get a different home in the Forsyth Barr Stadium, as its developers look for new ways to maximise its income. The Carisbrook Stadium Trust is considering moving the media box from the south to the north stand in a move it hopes will ultimately be cost-neutral.

[It] would mean the venue had more seats and corporate packages to sell, and more chance to develop a solid stream of new operational income.

Read more

Post by Elizabeth Kerr

80 Comments

Filed under Architecture, Construction, Design, Economics, Project management, Site, Sport, Stadiums

Prof Willett on stadium accounting practices

### ODT Online Sat, 11 Apr 2009
Method not misleading, prof says

By John Lewis

The head of the University of Otago accountancy and business law department has described as a “misconception” allegations by stadium opponents of misleading accountancy practices by the Carisbrook Stadium Trust.

Read more online here;

Read Prof Willett’s full response: ODT Link

• ODT says Prof Roger Willett is a past president of the Accounting and Finance Association of Australia and New Zealand. He has published articles and books on statistical aspects of accounting measurement, international accounting, management accounting and auditing. He is working on projects relating to the theory of accounting measurement, economic models and asset return, risk and valuation measurement in organisations and markets. He has held positions at Queensland University of Technology, Australian National University and the Universities of Wales and Aberdeen, and is a member of the Institute of Chartered Accountants in England and Wales.

6 Comments

Filed under CST, Economics, Hot air, Inspiration, Media, Politics, Stadiums, STS