Geoff Ninnes Fong & Partners (GNFP) is a structural, aquatic and civil engineering consultancy with broad experience in the design of new municipal and institutional swimming pools, hydrotherapy…read more
Adelaide Oval deal review still unresolved
The review of the Stadium deal at the Adelaide Oval has entered a fifth month with Adelaide Crows Chief Executive Andrew Fagan says negotiations will take as long as necessary because any agreement would "affect generations to come".
The afl.com.au website reports that the Crows and Port Adelaide called for a review of their arrangement with the AFL and SANFL in July after both clubs reported poor financial returns despite attracting record crowds.
Fagan, who became the Crows' Chief Executive in September, bemoaned that his club had been unable to capitalise after achieving what he described as the highest average home attendance for any sporting club in Australia.
Fagan told SEN radio on Wednesday "the words 'Adelaide Oval review' have been spoken about far more often than I would have liked since arriving in this job a couple of months back
"(Both clubs) aren't happy with (the financial returns). We certainly got an uplift, but given the attendances were way above those that were modelled, the uplift should have been far more significant. We've got to fix it.
"It's taken some time because it's such a significant negotiation (and) it's a challenging one ... (and) it's going to affect generations to come.
"So the priority is to get it right. We don't want to rush to meet deadlines or the like.
"The negotiation is being held in good spirit but it's not concluded yet."
Ben Collins at AFL.com.au
12th September 2014 - ADELAIDE OVAL’S AFL SEASON BREAKS RECORDS
13th June 2014 - ADELAIDE OVAL REVENUE DEAL TO BE RE-VISITED
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