Manila, Philippines
Vol. 1 No. 168 | Wednesday  May 24, 2006
 
 
 
 
 
  Companies
  Shipping
 
  Perspective
  Life
  Sports
  Environmet



Anchored by Jonathan dela Cruz, Salvador Escudero,
Boying Remulla, Teddy Boy Locsin and Alvin Capino

Monday to Friday,
8-10 a.m.


Click here to listen to Karambola.


Life after World Cup, after all

TOKYO—Despite dire predictions they would go to waste, the state-of-the-art stadiums built for the 2002 soccer World Cup are getting plenty of use four years after Japan cohosted the tournament with South Korea.
       Japan spent a reported US$4.5 billion (€3.52 billion) to build nine World Cup stadiums, which many predicted would end up being spectacular white elephants in the middle of nowhere. That’s not the case in Japan, a country where it’s not unusual for 50,000 fans to show up for the final of a high-school baseball tournament.
       The biggest source of revenue for most of the World Cup stadiums comes from the domestic J-League, where 26 of the 28 soccer clubs in both the first and second divisions reported a profit in 2005.
       Attendance figures of 57,000 per match for popular teams like the Urawa Reds are not uncommon. Average club gate revenues in the top division were US$5.5 million (€4.31 million) in the 2004 business year.
       In 2005, the Reds, who play at World Cup Saitama Stadium 2002, had an average attendance of 39,000.
       Sapporo Dome, which hosted a 2002 World Cup match between England and Argentina, is the home of both J-League team Consadole Sapporo and baseball’s Nippon Ham Fighters, who moved to Sapporo in 2004.
       When there are no soccer or baseball games in town, the 40,000-seat stadium hosts a variety of events, including amateur sporting events, concerts and exhibitions.
       “Our profits are way up,” said Satoshi Wakai, a spokesman for the Sapporo Dome, which operates as an independent company. “Having the baseball team was a big help and hopefully the trend will continue.”
       In the fiscal year completed in March, 2005, a total of 2.2 million people went through the turnstiles at the multipurpose venue for a total of 123 events.
       Of course, it would have been better if Japan could have used existing stadiums but that wasn’t an option.
       Before the World Cup, Japan had very few stadiums that would have met Fifa’s standards.
       If local governments have trouble keeping the stadiums viable, they can always look to corporate Japan for help.
       The 70,000-seat International Stadium Yokohama, which hosted the 2002 final between Germany and Brazil, had some financial difficulties immediately following the World Cup but sold its naming rights to auto giant Nissan Motor Co. in 2005 and is host to the J-League’s Yokohama F Marinos, one of the most popular teams in the top division.
       Similarly, the Oita Big Eye on Japan’s southern island of Kyushu recently sold its naming rights and is now known as Kyushu Oil Dome. The situation is not quite as rosy in South Korea, where 10 stadiums were built.
       Attendance for South Korea’s K-League has gone down in recent years. “The attendance rate at our matches seems to be dropping these days,” said an official of K-League team Chonbuk, who declined to give his name. “Korean people only get excited about the national team. Many people like baseball or the English Premier League but aren’t really interested in the K-League.” AP

 

web our site

FRONTPAGE

GMA’s 2010 goal: 0 strikes

Standoff in fight for control of Equitable

Losses from piracy up 9% despite drive

House ways and means panel says Buñag can still deliver

Anxiety level over UITFs keeps rising

SPORTS
NIGHT FALLS ON L.A.

Life after World Cup, after all

INTENSE BATTLE WITHIN A WAR

Rosales powers Wack Wack to Pro-Am crown

NOW THE LADIES’ TURN

Filipino shuttlers face tough task in RP Badminton Open

PBA organizes summit for Pilipinas Basketball

SANTY: EAT MY DUST


COPYRIGHT © 2005 Philippine Business Daily Mirror Publishing, Inc.
All rights reserved. Read our privacy guidelines.