Stadium losses swipe $7m from Dunedin Holdings' returns

Stadium losses swipe $7m from Dunedin Holdings' returns
Events like the craft beer and food festival should froth up Forsyth Barr stadium’s returns after a dismal past year. (Image: BusinessDesk)
Brent Melville
Dunedin Stadium Property, the owner of Dunedin’s Forsyth Barr Stadium, proved to be a drain on Dunedin’s coffers for the year to June, dragging down returns by $7 million on the back of a disrupted event and sporting calendar.Big-ticket cancellations included the sold-out All Blacks versus South Africa test match last September, last November’s Guns n’ Roses concert and Rod Stewart, who had been scheduled to perform in April.And while the venue did manage to host nine Super Rugby Pacific matches, four of those were playe...

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