‘Demolition’ Larry Williams wants to destroy Mt Smart and Eden Park…all for a waterfront stadium.
A new stadium on Auckland’s waterfront continues to gather momentum.
The latest support for a waterfront stadium is the Blues franchise who say they would move away from Eden Park. Simply, that makes sense when you look at the small attendance numbers for the Blues games.
The interesting thing about the latest push for a waterfront stadium is that we are being told that private funding can more or less get the stadium built.
This is good, because stadiums are sinking holes. Stadiums rarely make money. Eden Park is a financial basket case. Ratepayers should not be left to fund the ongoing costs on any new stadium.
Until we see the colour of the private investors money, the jury is out. However it is reasonable to expect some public money going into a new stadium for very good reasons. Read more »