Arsenal is the latest club to begin the process of analyzing the costs and benefits of stadium expansion at the Emirates. Recently, top clubs in the Premier League and Europe have developed their stadiums to accommodate more fans and develop the matchday experience.
Much of this relates to matchday revenue. In the 2022/23 season, Arsenal earned $133 million from matchday sales. This is below what London rival Tottenham earns at its lavish Tottenham Hotspur Stadium. Each game, Spurs earn around $8 million in matchday revenue. Granted, much of this stems from the competitions each team plays in. For example, Arsenal expects to earn an additional $20 million from playing in the Champions League. Regardless, this can still be more.
As a result, Arsenal wants to increase the overall experience or the matchday capacity at the Emirates. Unfortunately for the club, there is no clear route to achieve that goal. Based on the stadium’s construction, it is hard to construct a new stand or build upon what already exists. That is what Liverpool did at Anfield to usurp the honor of the fourth-biggest stadium in the Premier League based on capacity.
One area that the club could change is the number of boxes and suites at the Emirates. There are 146 executive boxes at the Emirates, which is nearly twice as many as Tottenham. While that does make for more lavish experiences, Tottenham took a different route. Spurs recognized that many executives prefer to spend their time at games in hospitality lounges, not in boxes. There is a case where Arsenal turns some of these boxes into increased general seating to bump up its overall capacity. Also, Arsenal is working to improve the catering options in the stadium including tripling the size of the kitchen.
Is the Emirates Stadium due for an expansion?
The Emirates is not an old stadium by any means, as Arsenal moved into the ground in 2006. At the time, it was the third-biggest stadium in England behind the old…
Source link : https://worldsoccertalk.com/news/arsenal-explores-the-potential-of-emirates-stadium-expansion/
Author : Kyle Fansler
Publish date : 2024-10-22 21:48:27
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