Showing posts with label Stadium. Show all posts
Showing posts with label Stadium. Show all posts

Stadium grandstanding

In the year ended June 2024, the Northland Events Centre (2021) Trust received an annual operating grant from the Whangarei District Council of $701,786 (2023: $662,786). Despite this grant, the Trust made an operating loss of $185,000, up from a loss of $45,000 the year before. The Annual Report says the lower numbers attending events is in part due to the closure of the Brynderwyns and “cost of living challenges” [like excessive rate increases!].

In the year to June 2024, the stadium hosted 14 major events  with a combined attendance of 45,795. Another 10,409 attended functions held in the lounges. Alarmingly, the cost to hold the events was more than the revenue generated.