Perth Stadium (Optus Stadium)

Remove this Banner Ad

btw, I'm pretty sure the outlay isn't $2b....
$1.2b for stadium and surrounds + $350m or so for transport stuff.

What's wrong, You forgot to add the word "only"".
The footbridge is only $84 million now I believe.
"Australia and WA cricket legend Dennis Lillee fears the sport is doomed in this State and that the new Perth Stadium will cost taxpayers at least $2 billion"
 
Last edited:

Log in to remove this ad.

What's wrong, You forgot to add the word "only"".
The footbridge is only $84 million now I believe.
"Australia and WA cricket legend Dennis Lillee fears the sport is doomed in this State and that the new Perth Stadium will cost taxpayers at least $2 billion"
I dont take financial advice from lillee
 
But that's all your fault, no point complaining about it here.

Why is it my fault?
Remember I'm the person who pointed out the economic folly of this stadium from the beginning.
Remember I'm the person who pointed out the folly of Barnett's largesse.
Maybe you should look at people who bury their head in the sand and say things like "I dont take financial advice from lillee"
 
btw, I'm pretty sure the outlay isn't $2b....
$1.2b for stadium and surrounds + $350m or so for transport stuff.
Given how every other government project in this state has panned out...do you honestly believe that it will only cost 1.2b? Given past history I'd say $2b is probably more realistic.
 
Wow.


DEqd3OIUwAA3qM0
 
Given how every other government project in this state has panned out...do you honestly believe that it will only cost 1.2b? Given past history I'd say $2b is probably more realistic.
Well, its 88% done. The contract is water tight.
Yeh I know the bridge (separate project, diff contract) blew out, but it aint gonna blow out by another $500m on top of the latest cost.
 
Probably the first and last time we'll see that screen without any advertising on it

Does look impressive though

yep, one third on left will be scores and stats, and some advertising on the bottom or other side. so the actual size of the replays will be much smaller.
 

(Log in to remove this ad.)

Screens are 340sqm

In comparison, Eithad's screens are 115sqm.

2nd largest screen in the southern hemisphere, i'm impressed.

Etihad's screens need an upgrade. They are nearly 18 now and by modern standards tiny. They are about the size of the two extra screens at the AO

The new Perth ones are a hair larger than the MCG. 8m2 or thereabouts.

Given its a 34x10 screen i suspect 18x10 will be used for scores/stats/info etc and 16x10 will be used for video. With the bottom or top 1m used for a ticker in that space giving a 16X9M video. That makes it easier.
 
Well, its 88% done. The contract is water tight.
Yeh I know the bridge (separate project, diff contract) blew out, but it aint gonna blow out by another $500m on top of the latest cost.

You have to add the preparation, stadium constuction, the bridge, the surrounds, the railway and road infrastructure to form the total cost.
That's one reason the AO rebuild was so cheap in comparison. They only built had to rebuild some stands.
 
Last edited:
Etihad's screens need an upgrade. They are nearly 18 now and by modern standards tiny. They are about the size of the two extra screens at the AO

The new Perth ones are a hair larger than the MCG. 8m2 or thereabouts.

Given its a 34x10 screen i suspect 18x10 will be used for scores/stats/info etc and 16x10 will be used for video. With the bottom or top 1m used for a ticker in that space giving a 16X9M video. That makes it easier.

Etihad's screens were upgraded in 2015 from memory.
 
Easy fix for Etihad screens:
An idea for if they wanted to put bigger screens in at Etihad would be to remove the "Etihad Stadium" signage from the top and then extend out to the sides to the size they want. Any seats behind the new screens would be lost of course but they'd be pretty shit seats anyway due to the height/angle and also being so close to the side of the pillars.
30rlnqb.jpg
 
Etihad's screens need an upgrade. They are nearly 18 now and by modern standards tiny. They are about the size of the two extra screens at the AO

The new Perth ones are a hair larger than the MCG. 8m2 or thereabouts.

Given its a 34x10 screen i suspect 18x10 will be used for scores/stats/info etc and 16x10 will be used for video. With the bottom or top 1m used for a ticker in that space giving a 16X9M video. That makes it easier.
The etihad ones arnt the original ones. The original ones had Panasonic under them and was smaller
 
That's a massive screen given Adelaide Oval's main screen is 180 square metre with 2 other screens each 125 square metres.
 
btw, I'm pretty sure the outlay isn't $2b....
$1.2b for stadium and surrounds + $350m or so for transport stuff.
Here you go these 2 fact sheets set out the financial model and cost. The government is paying 60% up front for the stadium and the other 40% over 25 years to the stadium operator consortium.

http://www.perthstadium.com.au/news-and-information/fact-sheets/stadium-cost-plan

The Asset Investment Budget for the Department of Sport and Recreation (DSR) outlined in the first PDP and approved by Government in September 2012 totals $918.4 million. It comprises:
  • Stadium – $820.7 million ($690.0 million at June 2011 plus $130.9 million escalation)
  • Stadium Park (Sports Precinct) – $81.7 million ($70.2 million at June 2011 plus $11.5 million escalation)
  • DSR and Department of Treasury (Treasury) Project Management – $16.0 million.

The Asset Investment Budget for the PTA outlined in the Transport PDP totals $358.6 million. This approved budget comprises:
  • Stadium Rail and Bus Station, the Swan River Pedestrian Bridge and associated bus stands, and some road and bridge works – $339.2 million ($298.0 million at July 2012 plus $41.2 million escalation)
  • PTA Project Management – $19.4 million.

In August 2014, the Westadium consortium was awarded the DBFM contract, which includes a 25 year maintenance period. The consortium is led by three key members: John Laing (equity investor and asset manager), Brookfield Multiplex (the builder leading the design and construction), and Brookfield Global Integrated Solutions (the facilities manager leading the maintenance and services delivery, in collaboration with VenuesWest and the Operator).

Under this model, the State of Western Australia is funding 60% of the design and construction cost (paid during the three year design and construction phase) and Westadium is responsible for financing the remaining 40% of the infrastructure. The State will repay this amount over the 25 year maintenance and operating phase of the DBFM contract, as part of monthly service payments.

The total contract value over 28 years (3 year construction period and 25 year maintenance period) of the Westadium DBFM contract is $1.212 billion (net present cost in August 2014 dollars)

and the 60/40 model explained and i have quoted the payments bit

http://www.perthstadium.com.au/news-and-information/fact-sheets/financial-model-fact-sheet
DBFM Payments
The design, build, finance and maintain (DBFM) agreement sets out a monthly payment regime by which VenuesWest pays the DBFM contractor (Westadium) for facilities management services and financing costs related to Westadium’s 40% financing contribution to the design and construction of Perth Stadium. These payments will be made over the 25 year operational phase of the DBFM agreement and are reflected on an annual basis in the financial model. As the contract payment values are subject to indexation over the term, Treasury forecast CPI rates have been applied in the financial model.
 
As an outsider that has nothing to do with Perth or its sporting teams surely the AFL has to open the Stadium. They will be the main tenants. I would like to see a derby on a Saturday night.

2018 has a full AFL season at the Stadium. Chelsea play im guessing mid season. Then cricket gets a full season for what ever they want to play there. Tests, ODI, T20I, BBL.

2019 leads into AFL, Bledisloe and Origin. Thats a pretty good line up of big sporting events for its first 2 years.

Dont waste your time or money with events like NRL 9s.
 
As an outsider that has nothing to do with Perth or its sporting teams surely the AFL has to open the Stadium. They will be the main tenants. I would like to see a derby on a Saturday night.

2018 has a full AFL season at the Stadium. Chelsea play im guessing mid season. Then cricket gets a full season for what ever they want to play there. Tests, ODI, T20I, BBL.

2019 leads into AFL, Bledisloe and Origin. Thats a pretty good line up of big sporting events for its first 2 years.

Dont waste your time or money with events like NRL 9s.

Handover date is early January. To save the opening for AFL Round 1 means having it sit idle for a few months. It should be used for whatever events can be held there over the summer months. If that means some cricket and some concerts, even some AFL preseason games, then so be it. The opening event is not so important, Round 1 of the AFL season and the first AFL game there will still be a huge event even if it was not the first, staging the NRL mickey mouse cup won't detract from that.
 
Handover date is early January. To save the opening for AFL Round 1 means having it sit idle for a few months. It should be used for whatever events can be held there over the summer months. If that means some cricket and some concerts, even some AFL preseason games, then so be it. The opening event is not so important, Round 1 of the AFL season and the first AFL game there will still be a huge event even if it was not the first, staging the NRL mickey mouse cup won't detract from that.

NRL 9s has been canned for 2018 anyway
 

Remove this Banner Ad

Perth Stadium (Optus Stadium)

Remove this Banner Ad

Back
Top