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Emirates Stadium London: Management and Regional Urban Regeneration - Report Example

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This report "Emirates Stadium – London: Management and Regional Urban Regeneration" highlights the micro- and macro-economic impact of the Emirates Stadium in north London, focusing specifically on areas of social impact, employment opportunities, urban regeneration, and partnerships…
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Emirates Stadium London: Management and Regional Urban Regeneration
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Download file to see previous pages After stadium construction, managing and coordinating events involves a practical management team that is well-versed (and educated) in creating strategic objectives which provide for a smooth operational environment and secure positive outcomes for the stakeholder community. This report highlights the micro- and macro-economic impact of the Emirates Stadium in north London, focusing specifically on areas of social impact, employment opportunities, urban regeneration, and partnerships. Though Emirates Stadium was only opened in July 2006, there are clear environmental and social improvements that have been created by the stadium’s development which will be discussed in detail in this project.
Emirates Stadium cost £430 million to construct and is currently home to the Arsenal Football Club, a major sporting club in the United Kingdom. One of the more fundamental aspects of the stadium is its large seating capacity, consisting of 60,355 seats, more than any other stadium in the general London region. The Emirates stadium generates the majority of its revenues from the London football fan base, totaling approximately £3 million during each game presentation (Marketing Week, 2007). Increased seating capacity is the largest revenue generator for the Stadium and its management team.
The Arsenal Football Club maintains financial assistance and financial directives from a variety of millionaires and billionaires who own their own unique stake in the Club. These “heavy hitters”, in terms of financial capability, provide the stadium with the financial resources necessary to ensure that the Arsenal Football Club continues to draw high volumes of ticket revenues, which can be returned to the community in the form of urban renewal efforts or other community-inspired infrastructure development.
AYH, Plc, a major construction, and property consultant firm, indicates that Emirates Stadium has become the foundational catalyst for urban regeneration in the north section of London (Hays.com, 2007).  ...Download file to see next pagesRead More
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