etihad stadium naming rights
Etihad Airways has agreed a deal to acquire naming rights to Yas Bay Arena, a new multi-purpose indoor arena in Abu Dhabi.Etihad reached the agreement with Miral, which is responsible for the development and management of Yas Island.The venue will officially be known as Etihad Arena as part of the agreement, which is designed to position the arena as a leading entertainment destination in the region.Etihad Arena will be operated by Flash Entertainment and will host events with capacities ranging from 200 to 18,000 people.
Website by All the latest news, blogs, videos, and up-to-the-minute media coverage from all the leading voices in the global sports venue sector – all in one place. Docklands Stadium, also known by naming rights sponsorship as Marvel Stadium, is a multi-purpose, grassed oval sports and entertainment stadium in the Docklands area of Melbourne, Victoria, Australia. Curated and brought to you by TheStadiumBusiness team at Xperiology. 'A significant part of the deal will go towards developing the Etihad Campus and, crucially, Uefa does not count money spent on improving infrastructure, regenerating surrounding areas and youth development when it comes to totting up losses. Emirates stadium – Arsenal Manchester City (Etihad Stadium): Khaldoon Al Mubarak’s team signed an agreement for 10 years with Etihad Airways. © 2020 Guardian News & Media Limited or its affiliated companies. Etihad Airways inks naming rights deal for Yas Bay Arena As part of the agreement, Abu Dhabi’s first-of-its-kind multi-purpose, indoor entertainment venue will officially be named Etihad Arena. Construction started in October 1997, and was completed in 2000 at a cost of A$460 million. All Rights Reserved.
Chelsea and Tottenham have both scoured the market for a deal in the region of £10-15m a year but found no serious interest. Although the club have not been willing to provide the media with the precise breakdown of where the money will be spread, they will present the figures to Uefa if necessary.Nonetheless, City face the possibility of other clubs raising the matter with Uefa. The numbers just don't stack up." Developer Miral has finalised a partnership with Etihad Airways, the national airline of the United Arab Emirates, to secure exclusive naming rights to Yas Bay Arena. Etihad Airways has agreed a deal to acquire naming rights to Yas Bay Arena, a new multi-purpose indoor arena in Abu Dhabi. This new arena will bring an abundance of talent to our capital, providing a diverse range of entertainment options for guests visiting our beautiful city, or for those who call the UAE home.”Miral chief executive Mohamed Abdalla Al Zaabi added: “As our national airline with international reach, Etihad Airways is the ideal partner to help position the newly named Etihad Arena competitively on the local and regional map of live entertainment destinations.“The new venue will be a significant addition to the unique offerings on Yas Island and in Abu Dhabi, creating unforgettable experiences, and helping us deliver on our vision to position Yas Island as a top global destination for entertainment, leisure and business. The 10-year agreement, which means City's ground is renamed the Etihad Stadium, will be worth more than twice the previous record, JP Morgan Chase's $300m (£187m) for the new Madison Square Garden, while simultaneously demonstrating the growing disparity between the top clubs in English football.To put it into context, the deal Arsenal struck with Emirates in 2004 was valued at £90m over 15 years. Manchester City's ground will be known as the Etihad Stadium as part of the record £400m sponsorship deal with Etihad Airways. This is a testament to our commitment to grow the tourism industry and achieve our leadership’s vision of economic diversification.”Yas Island is home to Ferrari World Abu Dhabi, Yas Waterworld, Warner Bros. World Abu Dhabi, Yas Links Golf Course, Yas Mall, Yas Marina Circuit, Yas Marina and seven hotels.The Etihad Arena is set to open this year but no specific date has been announced yet.© 2020 TheStadiumBusiness News. Manchester city council allowed City to negotiate the naming rights as part of an improved rental agreement, agreed this year, which means the club will pay £20m over the next five years to an authority in the grip of financial cuts.City must now convince Uefa that the amounts involved do not contravene the incoming financial fair play regulations and, specifically, the condition that stipulates sponsors with close links to club owners pay a fair price.Etihad are owned by the Abu Dhabi government and the airline's association with the City owner, Sheikh Mansour, a member of the Abu Dhabi royal family, will almost certainly prompt Uefa's Club Financial Control Panel, under the chairmanship of the former Belgian prime minister Jean-Luc Dehaene, to investigate.A Uefa spokesman said: "We are aware of the situation and our experts will make assessments of fair value of any sponsorship deals using benchmarks. Miral, the developer of Yas Island, on Wednesday finalised a partnership with Etihad Airways to secure exclusive naming rights of Yas Bay Arena. Around £48m of that came via shirt sponsorship, with the naming rights worth only £2.8m a year. The stadium is primarily used for Australian rules football, and was originally The naming rights and the jersey sponsorship deal assure to the British team a whopping 30 million-pound per year. The stadium features a retractable roof, and the ground level seating can be converted from oval to rectangular configuration. Newcastle have also been unable to find a sponsor since the club's owner, Mike Ashley, tested the waters with a short-term arrangement in the 2009-10 season that resulted in their ground taking the name of his sportswear business as the sportsdirect.com@St James' Park Stadium.Etihad's deal includes a 10-year extension to their shirt sponsorship at City, as well as financial backing for what will be known as the Etihad Campus, a vast area of land around the stadium that already includes the City Square fans' village, and has other major development planned, including a new training ground and sports science centre.Garry Cook, the City chief executive, described it as "one of the most important arrangements in the history of world football", made even more remarkable because City do not own the stadium.
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