Sports venue development
Deloitte offers an outstanding multi-disciplinary team of experienced professionals who combine vast experience of the sports venue market, hospitality and leisure sector expertise, corporate finance expertise and a track record of fundraising for clients.
We understand the key issues having worked on over 100 sports venues assignments in the last 10 years. Our clients benefit from the value we add based on our deep experience across a range of sports and in various countries.
Issues and trends
- Determining an appropriate scale for sports venue development;
- Identifying the optimal commercial mix of sports venue facilities;
- Assessing capital investment feasibility;
- Assessing and maximising the incremental financial returns in respect of constituent elements of a development plan;
- Solving a funding gap.
Our solutions
We highlight below some of our sports venue development solutions.
Project origination
Our scope of work will be tailored to meet the precise needs for the sports venue development project and the mix of stakeholders involved. We can provide assistance to clients at the early stage of a sports venue development project, to provide a detailed specification for venue development options. Our methodologies can include a mixture of primary and secondary market research to provide a robust assessment and commercial justification for the selection of facility options. This will help ensure that the architects then produce a feasible and commercial design at the start of the project.
Concept validation
Our concept validation work will help support a client’s strategy for development and refine design and cost proposals accordingly. We will review a sports venue design and associated revenue and cost plan.
Our methodologies will include a mixture of primary and secondary research, assessing both the local market factors and also benchmarks and lessons to be learned from other sports venue developments.
Our independent and expert review will help validate the venue development plans and make recommendations for improvements to the commercial returns and capital costs. This can also help support the fundraising process.
Creating venue value
We can provide a fundamental independent reassessment of a sports venue development plan to advise on aspects such as:
- the incremental revenues and costs associated with each element of the design;
- return on investment on all elements of the design;
- the market rationale for the facilities and the optimal capacity, configuration and segmentation;
- best practice lessons from other sports venue developments;
- capital cost reduction; and
- solutions to any funding gap.
We will help produce a revised development plan that maximises commercial returns and produces a viable scheme that can be funded.
Useful links
Case studies
Project origination for a major cricket club, concept validation for Carmarthenshire County Council and a review of the proposed redevelopment of the South Stand at Twickenham for the Rugby Football Union.
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