sportsmanagement_issue2_2019

Page 40

S TA DIUM T ECHNOLO G Y

ENTERTAINMENT VALUE Sport is thrilling to watch, but a match only lasts so long. How can teams keep fans’ attention by constantly entertaining them in new and exciting ways? Alan Rownan looks at how stadium tech can help teams to engage with their fanbases

I

t’s impossible to ignore the volume

excluded) of US$43.2 million, which ranks

of high-profile stadium/venue

the club sixth in the League and lower than

redevelopments and new-builds

London rivals Arsenal and Chelsea.

taking place. It’s impossible to ignore

Initial estimates based on Tottenham

Tottenham Hotspur’s grand opening

Hotspur’s first game at the new stadium

of Tottenham Hotspur Stadium, and the

shows just how big an impact this upgrade

promise of additional revenue the stadium

will have. If Spurs maintain a 95 per cent

will generate in regular Premier League

sell-out ratio, as achieved against Crystal

games, not to mention NFL UK games,

Palace in their first game at the new

concerts and other revenue generators.

stadium, attendance over the course of

The highest attended season at White

a full season will skyrocket to 1,120,219,

Hart Lane in recent years was 2015/16 with

an increase of 65 per cent from even the

a total attendance of 678,887. Stadium

best seasons at White Hart Lane. Such an

sell-out ratio stood at an impressive 98.48 per cent, leaving little room for growth. This equated to ticket revenue (corporate

Alan Rownan is head of sports at Euromonitor International

increase in attendance and ticket sales will elevate the club to new heights. This increase in volume is hugely important in growing ticketing revenues, however the headlines have focused largely on how experience-orientated the new stadium is, shining a light on what Tottenham Hotspur is doing differently, and how this focus on experience will fuel quality fan engagement.

Attention seeking Albeit somewhat hackneyed, the phrase ‘no one size fits all’ is wholly applicable in this case. In the 2017/2018 football season across © SHUT TERST OCK/E O NAYA

26 of the world’s biggest football leagues, the average sell-out ratio was just 57 per cent. That’s a lot of empty seats and lost revenue. Not every league, or every team can guarantee the same quality of entertainment product as the Premier Teams must embrace technology in order to keep their fans’ attention

40

ISSUE 2 2019

League and Tottenham Hotspur, but learnings can be gleaned, as other

sportsmanagement.co.uk


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