The Realised Economic Impact of the 2011 Rugby World Cup – a Host City Analysis

Total Page:16

File Type:pdf, Size:1020Kb

The Realised Economic Impact of the 2011 Rugby World Cup – a Host City Analysis THE REALISED ECONOMIC IMPACT OF THE 2011 RUGBY WORLD CUP – A HOST CITY ANALYSIS Sam Richardson1 School of Economics and Finance College of Business Massey University Palmerston North New Zealand Brown Bag Seminar, December 2012 (Work in Progress) Abstract The 2011 Rugby World Cup, hosted by New Zealand, was projected to make an operational loss of NZ$39.3 million, of which taxpayers were to foot two‐thirds of the bill. This was in contrast to profits of A$48 million for the 2003 tournament in Australia and €30 million for the 2007 tournament in France. Part of the justification for incurring these losses was an expectation of significant economic benefits arising from the hosting of the tournament. This paper estimates the realised economic impact on host cities during the 2011 tournament. Estimates show that the aggregated realised impact was approximately 25% of pre‐event projections and the impacts were unevenly distributed across host cities. 1 E‐Mail: [email protected]; Telephone: +64 6 3569099 ext. 4583; Fax: +64 6 350 5660. 1 1. INTRODUCTION The 2011 Rugby World Cup (RWC) was hosted in New Zealand, and is the largest sporting event held in this country to date. One of the selling points of the successful bid for the tournament in 2005 was that the country was described as a “stadium of four million”, which subsequently became the catchphrase synonymous with the event. In all, 48 matches were played in 12 cities during September and October 2011, while other cities also acted as bases for the 20 competing teams throughout their stay. Despite previous tournaments making operational profits, the 2011 tournament was always likely to make a loss. The 2003 tournament in Australia made an A$48 million profit, while the 2007 tournament in France resulted in a €30m profit. Arguably the major reason for the poor financial projections was the significant hosting fee of in excess of £50 million that was paid to the International Rugby Board (IRB). The tournament was initially forecast to run a loss of NZ$39.3 million, of which the New Zealand Government would pay 67%, and the New Zealand Rugby Union (NZRU) would pay 33%, although the NZRU’s contribution was capped at NZ$10 million. The event itself was widely acclaimed as a success, both on and off the field (nzherald.co.nz, 2012). The host country won the William Webb‐Ellis trophy for the second time, with the first victory achieved in 1987 when the event was last held in New Zealand. There were several significant off‐field impacts associated with the tournament. These included over 133,000 visitors arriving in the country expressly for the Rugby World Cup (Statistics New Zealand, 2011), a significantly greater number than what was initially forecast2. These tourists were estimated to have spent in the order of NZ$390 million whilst in the country for the event (Ministry of Economic Development, 2012). Ticket sales also exceeded forecasts of NZ$268.5 million (International Rugby Board, 2012), which resulted in a smaller than expected operational loss of NZ$31.3 million (International Rugby Board, 2012). While the operational performance of the tournament has been publicised and is generally well known, the tournament’s impact on the wider New Zealand economy and host cities is less well‐known. Rugby New Zealand 2011 chief executive officer Martin Snedden wrote “... New Zealand derived significant economic benefits, unprecedented (and very positive) international exposure, and a very timely nationwide boost of our morale” (Snedden, 2012, p.83). Media estimates of the costs of hosting the event were as much as NZ$1.2 billion (Ihaka, Dickison, Jones, and Vass, 2011), although the size of these estimates were refuted by tournament officials (Snedden, 2011). In addition to contributing to the likely operational loss, government spending that can be attributed to the tournament included a major contribution towards the upgrade of Eden Park of NZ$190 million and smaller contributions towards upgrades of regional stadiums. Post‐tournament reports of impacts on tourism‐related sectors and cities were somewhat mixed. The Tourism Industry Association of New Zealand surveyed its members in November, 2011 to gauge the impact of the tournament on their business. 46.3% of survey respondents felt that the RWC period was 2 Preliminary forecasts of visitor numbers in 2006 were 60,000 (Snedden, 2012), 85,000 visitors in May 2010 (Ministry of Economic Development, 2010), while the Reserve Bank projected 95,000 visitors in August 2011 (Richardson, 2011). 2 an improvement on the same time in 2010, 33.9% felt that it was worse, while 18.2% reported no change (3 News, 2012). Media reports in the months following the event suggested that while some host cities felt that the tournament was beneficial to their economies, others were no better off, and at least one city felt that the tournament may have even have made them worse off (Rankin, 2012). The basis for claims made by high level officials, including the Minister of the Rugby World Cup, that the tournament would generate sizeable economic impacts (Ihaka, et al., 2011; Snedden, 2011) rested on four studies that were conducted and released prior to or during the tournament. The first study was commissioned by Rugby New Zealand 2011 (RNZ 2011), the second by the International Rugby Board (IRB), the third by tournament sponsor Mastercard, while the fourth was an analytical note written by the Reserve Bank of New Zealand (RBNZ). Each of the aforementioned studies forecasted substantial economic impacts for the New Zealand economy from the tournament. Less consideration was given to the projected impacts of cities outside of Auckland, with some cities commissioning their own research into the expected impacts of the tournament on their local economies. This paper seeks to examine whether the host cities throughout the country actually experienced net economic impacts as a result of the tournament, and whether these impacts matched up to the projections in the four major studies. 2. LITERATURE REVIEW The 2011 Rugby World Cup (RWC) was the seventh edition of the quadrennial tournament. The inaugural tournament was jointly hosted by New Zealand (as the tournament host) and Australia (as the sub‐host) in 1987 (Davies, 2003). New Zealand was also to jointly host the 2003 tournament with Australia before issues surrounding stadia resulted in the tournament hosting rights being awarded to Australia as sole host. An ex‐post study of the economic impacts of the tournament on the Australian economy was commissioned by the Department of Industry, Tourism and Resources. Conducted by consultants URS, the tournament was estimated to contribute A$289 million in additional GDP (URS Finance and Economics, 2004). Of particular interest in the report was the section on longer term impacts, which were downplayed due to Australia’s geographical isolation and the associated travel costs (URS Finance and Economics, 2004). The 2007 RWC tournament was hosted in France, although four matches were played in Cardiff, Wales and two were played in Edinburgh, Scotland. An ex‐post study of the economic impacts of the tournament on the French economy was commissioned by the French Ministry of Youth, Sport and the Voluntary Sector. Undertaken by the Centre for the Law and Economics of Sport of the University of Limoges, the study found that although economic impact was €589.9 million, the social benefits (the sum of use and non‐use values placed on the tournament) exceeded the social costs of hosting the tournament, for a social net gain of €113 million (Centre for the Law and Economics of Sport, undated). In 2008, the International Rugby Board (IRB)’s RWC arm, Rugby World Cup Limited (RWCL) commissioned consultants Deloitte & Touche LLP to analyse potential economic impacts from the hosting of the RWC. The study suggested that potential direct expenditures from visitors into host economies would range from £200 million to £800 million, with a potential impact ranging from £610 3 million to £2.1 billion (Deloitte, 2008). The projected gross value added for the New Zealand economy from future RWCs was £260 million. The Deloitte (2008) study made extensive use of the pre‐2011 tournament commissioned economic impact study by Horwath Asia Pacific and Market Economics that was updated in 2006. This report estimated that NZ$476 million of direct additional expenditure would flow into the New Zealand economy, and that an increase of GDP of NZ$507 million would result. These estimates were based upon an estimate of 71,000 international visitors to the country for the event (Horwath Asia Pacific Limited & Market Economics, 2006). In August 2011, an analytical note was released by the RBNZ outlining the anticipated macroeconomic impacts of the tournament. The note estimated that a total of 95,000 international visitors were forecast to spend NZ$700 million (Richardson, 2011). The report pointed out that there were a number of factors that must also be taken into account when calculating the expected increase in the nation’s GDP. As such, an estimate of this effect was not produced. Shortly after the tournament began, tournament sponsor Mastercard released a commissioned report on the expected economic impact of the 2011 RWC to New Zealand. This report, prepared by academics from the Centre for the International Business of Sport at Coventry University, estimated that the rugby‐ related spend from overseas visitors would total NZ$782.5 million, for a direct economic impact of NZ$411 million (Chadwick, Semens, and Arthur, 2011). It also estimated a longer term economic impact from the tournament of NZ$1.44 billion. This figure is said to incorporate a legacy through increased tourism, civic sponsorship and business development resulting from the event (Chadwick, et al., 2011).
Recommended publications
  • Graham Budd Auctions Sotheby's 34-35 New Bond Street Sporting Memorabilia London W1A 2AA United Kingdom Started 22 May 2014 10:00 BST
    Graham Budd Auctions Sotheby's 34-35 New Bond Street Sporting Memorabilia London W1A 2AA United Kingdom Started 22 May 2014 10:00 BST Lot Description An 1896 Athens Olympic Games participation medal, in bronze, designed by N Lytras, struck by Honto-Poulus, the obverse with Nike 1 seated holding a laurel wreath over a phoenix emerging from the flames, the Acropolis beyond, the reverse with a Greek inscription within a wreath A Greek memorial medal to Charilaos Trikoupis dated 1896,in silver with portrait to obverse, with medal ribbonCharilaos Trikoupis was a 2 member of the Greek Government and prominent in a group of politicians who were resoundingly opposed to the revival of the Olympic Games in 1896. Instead of an a ...[more] 3 Spyridis (G.) La Panorama Illustre des Jeux Olympiques 1896,French language, published in Paris & Athens, paper wrappers, rare A rare gilt-bronze version of the 1900 Paris Olympic Games plaquette struck in conjunction with the Paris 1900 Exposition 4 Universelle,the obverse with a triumphant classical athlete, the reverse inscribed EDUCATION PHYSIQUE, OFFERT PAR LE MINISTRE, in original velvet lined red case, with identical ...[more] A 1904 St Louis Olympic Games athlete's participation medal,without any traces of loop at top edge, as presented to the athletes, by 5 Dieges & Clust, New York, the obverse with a naked athlete, the reverse with an eleven line legend, and the shields of St Louis, France & USA on a background of ivy l ...[more] A complete set of four participation medals for the 1908 London Olympic
    [Show full text]
  • Economic and Commercial Impact of 2011 Rugby World
    EMBARGOED UNTIL 4PM (NZST), SEPTEMBER 13, 2011 ECONOMIC IMPACT REPORT ON GLOBAL RUGBY PART IV: RUGBY WORLD CUP 2011 Commissioned by MasterCard Worldwide Researched and prepared by the Centre for the International Business of Sport Coventry University Dr Simon Chadwick Professor of Sport Business Strategy and Marketing Dr. Anna Semens Research Fellow Dr. Dave Arthur CIBS Researcher Senior Lecturer in Sport Business Southern Cross University, Australia September 13, 2011 Economic Impact Report on Global Rugby Part IV: Rugby World Cup 2011 EMBARGOED UNTIL 4PM NZST ON 13 SEPTEMBER 2011 EXECUTIVE SUMMARY On Sunday, October 23rd the Rugby World Cup 2011 Final will take place at Eden Park, New Zealand and become the only venue to stage the event twice in the 24-year history of the Tournament. The six-week, 48-match Tournament promises to be a total Rugby experience for everybody involved, from the estimated cumulative global television audience of 4 billion to the 95,000 international visitors expected to attend and from the 20 competing nations to the range of sponsors and official suppliers. Given the scale and level of investment in the event and in challenging economic conditions, much interest has focused on the scale of the economic impact on both the local New Zealand economy and also the broader global sports economy. Rugby World Cup has grown markedly since its first iteration with a cumulative television audience of 300 million in 1987 growing to 4.2 billion1 for Rugby World 2007 and spectators increasing from 600,000 to 2.25 million. Participating countries has risen from 16 in 1987 to 94 in 2007 with the number of countries in which the Tournament is broadcast up from 17 to 202.
    [Show full text]
  • +GDINBVRGH+ the CITY of EDINBURGH COUNCIL Rugby World Cup 2003 and Future Rugby Events in Edinburgh
    g, t2 +GDINBVRGH+ THE CITY OF EDINBURGH COUNCIL Rugby World Cup 2003 and Future Rugby Events in Edinburgh The City of Edinburgh Council 18 March 2004 Purpose of report 1 To report to the Council on the visit by the Lord Provost and Councillor Henderson to Sydney for the 2003 Rugby World Cup and to recommend that preparations begin for Edinburgh’s involvement in the World Cup in 2007. The report also advises of a request by Scottish Rugby for the Council to be represented on an events working group looking at rugby events generally. Main report 2 Following an invitation to the Lord Provost from the Federation FranCaise de Rugby to visit Sydney as its guest, the Executive of the Council approved her attendance and that of Councillor Henderson, as Executive Member for Sport, Culture and Leisure. 3 In accordance with the agreed Council procedure relating to overseas visits, Councillor Henderson has prepared the report at Appendix 1, which details the programme of events during the visit to Sydney. 4 Edinburgh will play an important part in the 2007 Rugby World Cup, which is to be hosted by the Federation Franqaise de Rugby. In addition to pool games played in the French cities of Paris, Nantes, Lyon, Bordeaux, Toulouse, Montpellier, Marseilles, Saint-Etienne and Lens, three of the games will be played at Murrayfield during September of that year and Scotland is likely to feature in two of these games. Pool matches will also be played in Cardiff and Dublin. 5 The staging of these games will further emphasise the role of Edinburgh as Scotland’s capital city and a focus for major events.
    [Show full text]
  • Sports in French Culture
    Sporting Frenchness: Nationality, Race, and Gender at Play by Rebecca W. Wines A dissertation submitted in partial fulfillment of the requirements for the degree of Doctor of Philosophy (Romance Languages and Literatures: French) in the University of Michigan 2010 Doctoral Committee: Associate Professor Jarrod L. Hayes, Chair Professor Frieda Ekotto Professor Andrei S. Markovits Professor Peggy McCracken © Rebecca W. Wines 2010 Acknowledgements I would like to thank Jarrod Hayes, the chair of my committee, for his enthusiasm about my project, his suggestions for writing, and his careful editing; Peggy McCracken, for her ideas and attentive readings; the rest of my committee for their input; and the family, friends, and professors who have cheered me on both to and in this endeavor. Many, many thanks to my father, William A. Wines, for his unfailing belief in me, his support, and his exhortations to write. Yes, Dad, I ran for the roses! Thanks are also due to the Team Completion writing group—Christina Chang, Andrea Dewees, Sebastian Ferarri, and Vera Flaig—without whose assistance and constancy I could not have churned out these pages nor considerably revised them. Go Team! Finally, a thank you to all the coaches and teammates who stuck with me, pushed me physically and mentally, and befriended me over the years, both in soccer and in rugby. Thanks also to my fellow fans; and to the friends who I dragged to watch matches, thanks for your patience and smiles. ii Table of Contents Acknowledgements ii Abstract iv Introduction: Un coup de
    [Show full text]
  • 6110B10ee091a31e4bc115b0
    ARENASARENAS In December 2016 HG Sports Turf installed its Eclipse Stabilised Turf system at Westpac Stadium in Wellington. The new surface had its first outing on New Year’s Day with an A-League clash between the Wellington Phoenix and Adelaide United IcingIcing onon thethe CakeCake TinTin PHOTOS COURTESY OF HG SPORTS TURF AND WESTPAC STADIUM TURF AND WESTPAC OF HG SPORTS PHOTOS COURTESY Affectionately dubbed the estpac Stadium, or Wellington Regional adequate to cater for international events due to its In addition to sporting events, Westpac Stadium stabilisation or reinforcement. This combined with Stadium, is a major sporting venue in age and location. A new stadium was also needed regularly hosts major events and concerts. Shortly an ever-increasing events strategy, and the need for ‘Cake Tin’ by the locals, W Wellington, New Zealand which was to provide a larger-capacity venue for One Day after opening in 2000, it hosted the Edinburgh the stadium to be a multi-functional events space for officially opened in early 2000. Residing one International cricket matches, due to the city’s Basin Military Tattoo, the first time the event was held sports and non-sports events, meant it needed a turf Westpac Stadium in New kilometre north of the Wellington CBD on reclaimed Reserve ground losing such matches to larger outside of Edinburgh, Scotland, while in 2006 it system that would be up to the challenge. railway land, it was constructed to replace Athletic stadia in other parts of the country. hosted WWE’s first ever New Zealand show in front HG Sports Turf (HGST), which had previously Zealand’s capital Wellington Park, the city’s long-standing rugby union venue.
    [Show full text]
  • Wru Copy Master
    WELSH RUGBY UNION LIMITED ANNUAL REPORT 2005-2006 ADRODDIAD BLYNYDDOL 2005-2006 UNDEB RYGBI CYMRU CYF 125 YEARS OF RUGBY EXCELLENCE Whatever it takes WRU staff - delivering key objectives in the interests of our game WELSH RUGBY UNION LIMITED ANNUAL REPORT 2005-2006 Contents Officials of the WRU Chairman’s View 5-9 Patron 125 Years and Counting 10 Her Majesty Queen Elizabeth II Principal Sub-Committees WRU Chief Executive’s View 11 Honorary Life Vice-Patron The Right Honourable Sir Tasker Watkins VC, GBE, DL Finance Committee Financial Report 13-15 Martin Davies (Chairman), David Pickering, Kenneth Hewitt, President David Moffett (resigned 31 December 2005), Humphrey Evans, Group Commercial Report 16 Keith Rowlands Steve Lewis, John Jones, Alan Hamer (resigned 30 June 2006) Group Compliance Report 17 Board Members of Welsh Rugby Union Ltd. Regulatory Committee David Pickering Chairman Russell Howell (Chairman), Mal Beynon, Geraint Edwards, The Professional Game 19-27 Kenneth Hewitt Vice-Chairman Brian Fowler, John Owen, Ray Wilton, Aurwel Morgan High Performance Rugby 29-33 David Moffett Group Chief Executive (resigned 31 December 2005) Mal Beynon Game Policy Committee Refereeing Report 35 Gerald Davies CBE, DL Alan Jones (Chairman), Roy Giddings, Gethin Jenkins, Gerald Davies CBE DL, Martin Davies David Matthews, Mostyn Richards, Peredur Jenkins, Community Rugby 37-42 Geraint Edwards Anthony John, Steve Lewis, Mike Farley, Rolph James Obituaries 43-45 Humphrey Evans International Rugby Board Representatives Brian Fowler David Pickering, Kenneth Hewitt Accounts 46-66 Roy Giddings Russell Howell Six Nations Committee Representatives Gethin Jenkins David Pickering, Martin Davies Peredur Jenkins ERC Representatives Welsh Rugby Union Ltd Anthony John Steve Lewis, Stuart Gallacher (Regional Representative) Alan Jones 1st Floor, Golate House John Jones Celtic Rugby Representatives 101 St.
    [Show full text]
  • Carpe Diem Spring 2007 Carlton International, March 1, 2007
    Luxury Real Estate by Carlton International | issue one Spring 2007 Carpe Diem Carpe Diem VIP // INTERIORS // FINANCE // RUGBY // R A L LY D I VAS Contents Spring 2007 03 Publisher Our world is one of general insecurity, climatic turmoil, Paul Coleman economic uncertainty, technological revolution and political Editor change. We are dominated by numbers, code numbers, Suzanna Chambers Marketing & PR Director identity numbers, pin numbers and endless statistical Mette Kristine Oustrup numbers inciting us to conform to a model, in a category, in Design Director a socio economic environment, within a structure dictating Richard Maclean what must be our obligations, our rights and even our needs. Advertisement Sales Carpe Diem, the magazine, intends to provide Amélie Bellon alternative visions of our world. Visions of harmony, design, For advertisement sales, spontaneity, innovation and hedonism. This, against the please call +44(0)207 193 1671 backdrop of the logical, the pragmatic and the traditional but equally exciting: Real Estate on the French Riviera and abroad. Published by Carlton International is proud to bring you the first issue Luxarro Publishing of our magazine which will be followed every three months Cannes +33 (0)870 467 896 London +44(0)207 870 7818 by further editions, in the hope that you will find amongst Hong Kong +852 8175 5676 its pages inspiration to DO IT and in doing it, share it with www.luxarro.com those who bring you comfort, care and affection. Life is too [email protected] short not to….. Printed by Granite Colour Ltd. Philip Weiser, Carlton International All rights reserved.
    [Show full text]
  • SAINTS RUGBY PERFORMANCE PROGRAMME to Become a World-Renowned Rugby Programme That Encourages All Members to Be the Best They Can Be
    saints sport SAINTS RUGBY PERFORMANCE PROGRAMME To become a world-renowned rugby programme that encourages all members to be the best they can be. This vision focuses on creating the very best environment and upmost enjoyment for our club members. We aim to constantly improve our rugby programme and grow our links internationally. We also aim to work closely with the local community, to integrate with university departments and to host the very best events in the social calendar possible. The University of St Andrews has developed the most advanced rugby programme in Scotland, which offers student athletes a range of coaching, training and support opportunities, allowing them to excel in both their academic and sporting achievements. We want to ensure that the club is developing both on and off the field through setting strategic targets to evolve our club and provide the very best experience for our club members during their time in St Andrews. This vision is going to push our club members to be the best they possibly can be and make our club one of OUR the premier destinations for aspiring student athletes globally. VISION 2 3 Founded in 1858, the University of St Andrews Rugby Football Club is one of the oldest sports clubs at the University and is the sixth oldest rugby club in the world. The club is a founder member of the Scottish Rugby Union (SRU) and has been an integral part of the University for 160 years. In 1871 in the first international between Scotland and England at Raeburn Place, three St Andrews students, A Clunies-Ross, R Munro and J S Thomson represented Scotland, showing the importance of the club at that time.
    [Show full text]
  • Graham Budd Auctions
    Graham Budd Auctions Sporting Memorabilia Sotheby's 34-35 New Bond Street 26th October Racing, Boxing, Cricket, Golf, Racquet Sports, London Rugby, Motor Sports, Olympic Games & other sports; 27th W1A 2AA United Kingdom October Football Started 26 Oct 2015 10:30 GMT Lot Description A modern reproduction of a decorative antiquarian print with vignettes of celebrated jockeys of the late 18th/early 19th 1 centuries,Chifney, Buckle, Robinson, Marlow, Alfred Day & John Day Snr. & Jnr., Flatman and others, mounted, framed & glazed, overall 67 by 84cm., 26 1/2 by 33in. After Richard JonesPORTRAIT OF THE JOCKEY FRANCIS BUCKLEengraving by William C. Edwards, this example inscribed in ink 2 Proof, published by Samuel Buckle, Peterborough, 1st October 1831, mounted ready for framing, overall 76 by 60cm., 30 by 23 1/2in. After Henry Alken seniorTHE FIRST STEEPLE-CHASE ON RECORDa set of four coloured prints engraved by J. Harris, published by 3 Ben Brooks, 1839, uniformly mounted, framed & glazed, overall 47 by 52cm., 18 ½ by 20 1/2in.; sold together with a trio of original photographs by the leading equestrian photo ...[more] Twelve Victorian supplement photographic prints of celebrated racehorses,including examples issued by Land & Water magazine, 4 subjects including Donovan, Bendigo, Ormonde, Marden, Prince Rudolph, Melton & Grafton, mostly pasted onto album pages Miscellaneous prints, bookplates & illustrations of Victorian jockeys,including M Cannon, T Cannon, F Archer, O Madden, D Maher, W 5 Lane and others, plus multi-portraits, some framed
    [Show full text]
  • Ground-Breaking Referee Camp a Roaring Success
    intouch with South African Referees Edition 2, 2010 www.sareferees.co.za alliancephoto.com Ground-breaking referee camp a roaring success The Western Province Rugby Referees’ the whistle, attendees ate meals and Salmans, a National Panel and WP referee Society, in association with Western relaxed together, building a camaraderie who was an instructor during the camp. Province and the South African Rugby between the budding officials. ‘I said to the senior boys [Grades 11 and Union, recently hosted the first-ever 12] that I believe one if not two of them specialised referee camp specifically Ben Theron, WP’s Referee Manager, can actually break through and became targeted at schoolgoers in South Africa. was the man behind the course. ‘The top referees.’ feedback has been so positive,’ he said. n the June school holidays 140 scholars ‘Everybody enjoyed it and I think if you Nathan Barry, a member of the Iattended the first-ever scholar-specific speak to some of the kids they realised WPRRS and a matric learner at Florida referee camps to be held in South that refereeing isn’t that easy. Most of High School in Ravensmead, did the Africa. Hosted by the Western Province them said they are never going to criticise course. ‘It’s very nice to build up some Rugby Referees’ Society (WPRRS) at Jan referees again!’ experience,’ he said. ‘I’m into my second Kriel School in Kuilsrivier, Cape Town, year of refereeing so it’s great to work attendees spent three days and two nights Dan de Villiers, chairman of the WPRRS, with guys my own age and tell them what learning about what it takes to become a said, ‘In Western Province and all over I have learnt.
    [Show full text]
  • Rugby Park Report
    RUGBY PARK FUTURE DEVELOPMENT - COMMERCIAL OPTIONS AND OPPORTUNITY REVIEW FINAL DRAFT REPORT FEBRUARY 2021 Prepared by Otium Planning Group Pty Ltd in partnership with Warren & Mahoney Architects www.otiumplanning.com.au Head Office: Local Office: 304/ 91 Murphy Street Local Office - Christchurch Richmond VIC 3121 254 Montreal Street ABN: 30 605 962 169 Christchurch 8013 Phone: (03) 9698 7300 Contact: Jason Leslie Email: [email protected] Phone: +61 437 334 375 Web: www.otiumplanning.com.au Email: [email protected] Otium Planning Group has offices in: • Auckland • Brisbane • Cairns • Christchurch • Melbourne • Perth • Sydney OPG, IVG and PTA Partnership has offices in Hong Kong, Shenzhen, Shanghai and Beijing. Document History Document Version Date Checked Distribution Recipient 1.0 30/11/2020 JL Email M Frey 2.0 07/12/2020 JL Email M Frey 3.0 09/12/2020 JL Email M Frey 4.0 29/01/2021 JL Email C Horton © 2021 Otium Planning Group Pty. Ltd. This document may only be used for the purposes for which it was commissioned and in accordance with the terms of engagement for the commission. Executive Summary ............................................................................................................................................................ 1 1. Project Background ................................................................................................................................................. 5 1.1 Overview of Rugby Park ..............................................................................................................................
    [Show full text]
  • Rugby & Football Memorabilia
    RUGBY & FOOTBALL MEMORABILIA Day One: Wednesday 9th December at 10.00am Rugby Union and Rugby League Memorabilia (Lots 1-441) Day Two: Thursday 10th December at 10.00am Football Memorabilia (Lots 442-970) **LIVE ONLINE AUCTION – ONLY** To bid LIVE, please click the BID LIVE tab on Mullocks homepage at www.mullocksauctions.co.uk and follow link and instructions. Using your ‘TheSaleroom’ login username and password THIS WILL REDUCE THE INTERNET SURCHAGE TO 3% PLUS VAT You can also watch, listen and bid LIVE directly via www.thesaleroom.com but the INTERNET SURCHARGE is 4.95% plus VAT We also accept Commission Bids, please see terms and condition on Page 3. All lots are fully described and illustrated at www.mullocksauctions.co.uk and www.thesaleroom.com Making and Preserving History The Old Shippon, Wall-under-Heywood, Church Stretton, Shropshire SY6 7DS Tel: 01694 771771 Email: [email protected] Conditions of Sale The highest bidder shall be The Purchaser, subject to the right of the Vendor to bid and the right of the Auctioneers to reject any bidding. If any dispute arises between two or more bidders, such dispute shall be finally settled by the Auctioneers, or at their discretion the Lot may be resold. The Auctioneers have the full power to withdraw or alter any lot or lots he may think proper. The bidding will be regulated by the Auctioneers. No bidding shall be retracted. The Auctioneers act as agents only. Each lot, as set out in the Catalogue or as divided or joined with any Lot or Lots at the Sale at the sole discretion of the Auctioneers, is sold with all faults, imperfections and errors of descriptions, and neither the Vendors nor the Auctioneers are responsible for the authenticity, attribution, genuineness, origin, authorship, date, age, period, condition of quality of any lot.
    [Show full text]