The move back to the Aviva Stadium by Rugby and Soccer has been predicted to cost the local Dublin economy millions of euro due to the smaller capacity at the new Lansdowne Road stadium. The prediction was made recently by GAA president Christy Cooney speaking at the publication of the GAA and Croke Park Stadium’s annual accounts.
Cooney estimated that the hosting of games and concerts at their own flagship venue was worth half a billion euro to the city last year. Stadium director Peter McKenna estimated the figure could be as high as €600m while both claimed that the net worth to the area per game at Croker stood between €30m and €35m.
The size of the new venue in Dublin 4 has already caused some disquiet, as has the fact that both governing bodies, the IRFU and the FAI, are locked in to deals which prevent them from playing home ties anywhere else for the next 10 years.
That means that for a full decade the bigger games, such as the Ireland-England Six Nations clash and major soccer qualifiers cannot be switched to the 60% larger Croke Park nomatter what the demand levels are.
This will see thousands of disappointed fans missing out on attending their favourite events and will see the 2 sports associations at teh Aviva Stadium missing out on almost 2-million in ticket sales over the 10 years amounting to losses of up to €100million at today’s average ticket prices.