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Montl: Saputo Stadium, financial details(10/10/05)


Daniel

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In an article in the Journal de Montréal today:

- The stadium will be ready in March 2007

- The financial planning will be ready before mid-november for firms interested in presenting a submission

- The construction firm will be chosen at the beginning of December

- The stadium will seat 14,673, will be natural turf and there will be 5 surrounding fields, including a covered one

- 1,675 parking places

- The Impact and Saputo Stadium will form 2 distinct non-profit organizations

- The Impact will pay rent for stadium use and office space

- Annual revenues of $2m (rent, rent from the fields, parki

- The Impact have generated a surplus every year since 2002

- Current operating budget is on the underside of $2m and includes since 2002 $650,000 a year from the three main partners (Saputo, Hydro-Quebec and the Government of Quebec)

- The 5-year sponsor previsions were $300,000 in 2002 to attain $700,000 in 2006. They accounted for $1.2m in 2005

- Total attendance went from 25,000 in 2001 (year of the bankrupcy) to 150,000 in 2005, a 500% increase in 4 years

Note: let's keep all further Montreal Stadium and relatred issues news and discussion here for the next few weeks : Mod :)

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Another great scenario for Canadian Soccer in conjunction with the other two anticipated announcements. Interesting to hear they have an operating budget of close to $2M. Anyone know what the MLS teams' operating budgets are?

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quote:Originally posted by Ivan

Another great scenario for Canadian Soccer in conjunction with the other two anticipated announcements. Interesting to hear they have an operating budget of close to $2M. Anyone know what the MLS teams' operating budgets are?

In a CP article quoted in the thread about T.O. and MLS it said "The current salary budget for MLS teams is about $1.8 million US per squad." This is a bit lower than other estimates. In an article titled The Business of Soccer it states "MLS's total budget is nearly US $46 million, with approximately US $30 million going toward salaries". However the former figure is probably player salaries while the latter probably includes players, coaches and staff.

That would put individual team budgets at an average of around $3.8M (us).

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