Finance
annual revenue
operational costs
The stadium has a projected capital cost of CAD $5.43 million with an annual operating cost of CAD $655,000. The operating revenue, combining earnings from a variety of activities and programs, comes to a grand total of CAD $1.47 million per year. The stadium has an estimated return on investment of 15 percent and an estimated return on equity of 43 percent. The stadium can be funded through different models and investors, including the municipal government or potential corporate sponsorship. Sources of revenue for the completed Lota Grande stadium and its programs include concession sales, advertising and sponsorship, broadcasting and membership fees. The stadium is a part of Lota’s tourism strategy, contributing to tourism revenue in addition to stadium rental to sports teams, national and international sporting events and annual festivals. This project has the potential to make a large impact on the residents and culture of Lota. Beginning with small changes, such as a community clean-up initiative, the field can become a welcoming space and can spark interest by a variety of investors. The stadium creates immediate employment opportunities in construction and consulting and long-term employment opportunities in management, health and education, broadcasting and advertising.
Operating Revenues Price
Description
Drop-in Use
200,000
Management & Staff 400,000
Indoor Programs
250,000
Office Expenses
3,000
Class Space Rental
450,000
Insurance
10,000
Gym Space Rental
25,000
Marketing
2,000
Cost
Membership 30,000
Maintenace 20,000
Festivals
50,000
Utilities
Programs
40,000
Communication 10,000
Apparel
20,000
Equipment
30,000
Ticket Sales
420,000
Food and Beverage
20,000
Food and Beverage
144,000
30,000
Security
80,000
Advertising Revenue 300,000
Audio and Visual
20,000
Sponsorship 200,000
Payroll
30,000
Broadcast Revenue
200,000
Total
655,000
Total
1,471,000
ROI
15%
ROE
43%
capital cost
stadium
5,425,000 13% Main Level 14% Field 14% Contingency
22% Second Floor
37% Seating
The stadium was also designed to function as a relief centre in an emergency situation.
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Located beside the Camino Verde, the stadium is a connection point for residents and visitors to the cultural assets of Lota Alto and the commercial activity of Lota Bajo.
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PEOPLE CHANGE PLACES
PEOPLE CHANGE PLACES
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