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 Con Constantine tells Knights: let's split the difference 

Con Constantine tells Knights: let's split the difference

23/09/2008 11:09:00 PM
NEWCASTLE Jets owner Con Constantine says he is happy to pay half the rent at EnergyAustralia Stadium if Knights management guarantee him half of all stadium-related income.

The battle between Newcastle's sporting flagships for the high moral ground at EAS intensified yesterday when the Knights called a media conference to defend themselves after claims both by Jets officials and Minister for the Hunter Jodi McKay that the A-League champions were being "unfairly treated" at the State Government-owned facility.

Knights chief executive Steve Burraston said the Jets paid about 10 per cent of the rent at the stadium, but his club was willing to negotiate a 50-50 split of all costs and profits with their round-ball counterparts.

Constantine said yesterday that he would be agreeable if certain conditions were met.

He said the Jets should receive half of the naming-rights deal with EnergyAustralia and half of the sponsorship deal with Bluetongue, which is the official beer supplier at the stadium. Constantine estimated those two sponsorships were collectively worth $1 million, although Burraston said the multimillionaire was "confused" and they were "nowhere near" that lucrative.

Asked if he would agree to meet the Knights halfway with the stadium rent, Constantine replied: "Let's go. If they are willing to operate the stadium six months of the year and I will do it for the other six months, then let's go, I've got no problems.

"If they want me to pay half, I've got no problem paying half, providing I get half of the $1 million or more they are getting from the naming rights and the beer rights . . . at the moment they're getting $1 million [a year] from the EnergyAustralia naming rights and also the Bluetongue sponsorship. That's $1 million before they even open the doors.

"So shouldn't I be entitled to half of that? If I'm going to pay half of the rent, I deserve to have half of the rights that come into it."

Burraston said the Knights, who are major tenants at the stadium and sub-let it to the Jets, paid about $1.5 million a year to hire and maintain EAS $800,000 in rent and $700,000 for general upkeep.

He said last year the Jets paid only $153,000 in rent, as well as other associated costs such as hiring security, police and cleaners.

"Currently the Knights contribute 90 per cent of the total bill and the Jets 10 per cent," Burraston said.

"I would hardly call this an unfair deal."

The Knights, however, keep any profits made from catering or alcohol sales when they host Jets home games, a situation that is the source of Constantine's angst.

Burraston said the Jets would be welcome to an even share of all income if they paid a proportionate hiring fee.

"You could argue the $1.5 million rent and maintenance should be split 50-50, because we each played 12 games last season," he said.

"Or, on a usage basis, we use the stadium for seven months and the Jets use it for six months, with a one-month overlap.

"That would suggest the Knights should contribute 7/13ths, or 54 per cent, and the Jets 6/13ths, or 46 per cent, which would equate to $690,000."

Burraston said "if the Jets paid the full rent, or $690,000, the Knights would be in profit every year and secure our long-term viability".

"It would be a much better deal for us and a worse deal for the Jets," he said.

"You can't have it both ways."

Constantine said he would also expect to choose his own catering supplier.

EAS catering is controlled by the Wests Group, who have signed a long-term agreement with the NSW Government.

"If Wests have to be there, I want to strike a deal with Wests outside of the Knights," Constantine said.

"Or I should be entitled to put it out to tender.

"If I can get another caterer who can give me a better rate, or help me make more profit, then of course I'm going to go with them."

Wests chief executive Phil Gardner said it "wouldn't worry me in the slightest" if his organisation was replaced as stadium caterers.

"It would actually be one less worry for me and all our staff, because it is a very big job down there and we make nothing out of it," Gardner said.

"We assist in running the stadium as a service to the community.

"If there is a better deal out there, and we have said this since day one, then replace us.

"That goes for the Knights or the Jets."

Gardner said he had found Constantine a "reasonable" businessman with whom to negotiate but added: "Con wants everything and wants to pay nothing for it."

Constantine said, as well as $13,300 rent, ancillary expenses meant that staging each game cost the Jets close to $100,000.

He said he could not understand why the Knights repeatedly claimed they at times had "subsidised" the Jets and did not make a profit by hosting A-League games.

"They buy a bottle of water for 25 cents and they sell it for $3.50," he said.

"You buy a glass of beer in there for $5.50, and it probably cost them $1 or $1.25.

"So how can they justify saying they are not making money out of me?"

Constantine also remains disappointed that the Knights were able to extend their lease at the stadium for another decade without a tender process.

"How did they get the lease agreement for 10 more years when the actual club has no assets whatsoever?" he asked.

"What bank guarantees were put down for them to get that lease agreement? What happens if their club goes belly-up tomorrow?"

Burraston reminded the media yesterday that the Knights were a "community-owned organisation" being asked to share a government sponsorship (the EAS naming-rights deal) with the Jets, who are privately owned.

"I think people just need to think about that a little bit," Burraston said.

Asked for his opinion on that line of argument, Constantine replied: "All I'm trying to do is minimise my losses."

McKay was hopeful the first step towards a mutually acceptable resolution would take place next month, when both organisations meet with the Hunter Sporting Venues Authority, which was formed recently to replace the International Sports Centre Trust.

"I spoke to the Knights chairman [Rob Tew] last night and again today, and there has been agreement reached that we will now go back to the table and work with the Hunter Sporting Venues Authority," she said.

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If he pays half the lease and operating expenses he should get half the income from the stadium - however Con might be a tad confused in what constitutes stadium sponsorship. EA sponsorship should be stadium linked, however I doubt all of what Bluetongue pays is linked to the stadium (part of it must be linked to the player strip sponsorship). If it is going to happen it must be fair to both parties - however this "you run it for 6 months and I'll run it for 6 months" wont work (there is a month's overlap where both clubs need it for starters). It must be run as a partnership - not just how it suits Con.
Posted by A-Mac on 24/09/2008 8:43:00 AM
Perhaps we should ask the sponsors what they would pay for Knights and Jets seperately. Guarantee the sums wouldn't be the same.
Posted by macavity on 24/09/2008 9:29:10 AM
As stated in an earlier article the Knights and the Jets use the stadium for about 12 weeks of the year each. 24/52 weeks = 46% combined usage rate throughout the year; leaving this multi-million dollar establishment empty for 56% of the year. So technically although these entities have leasing and sub-leasing arrangements, basically they have a usage rate of less than 23% each; I really cannot believe that the state government has given these organisations such a monopoly on a community owned facility especially when they are hardly there. This is a state owned facility and it amazes me that the government has signed a long term contract with the Knights that pretty much destroys any opportunity for the stadium to be utilized by other organisational entities for other community events. The Hunter Valley has a little bit more community recreational depth than just attending football and league games. If you look at the approx average game attendance for these two sports, it would be lucky to make 15,000 a game (if it is a poor season - 10,000?) compared with the Lower Hunter regionally population topping around 500,000 (Newcastle, Lake Macquarie, Port Stephens, Maitland and Cessnock) it is an easy assumption to make that a maximum of only 3% of the community is using this facility, especially considering the population group who attend these sporting events are predominantly made up of hard core supporters who turn up every second week. So then what about the other 97% of the local population who maybe not interested in attending these two sporting codes but would like to enjoy this facility for other purposes as it was intended? For myself the best and largest event I ever attended at the ISC was the Newcastle Earthquake Relief Concert where 50,000 Novocastrians revelled peacefully to the likes of Midnight Oil, Split Enz, Crowded House and The Angels. A true community event! God help anyone else who tries to use this stadium for anything else other than football and league.
Posted by Brett on 24/09/2008 9:41:11 AM
In all of this the Knights keep sounding defensive. They just don't sound like they want to give up anything and appear like they see the Jets as a threat. If they got a private owner they would then try to flex that muscle on the Jets. They just need to be open and fair.
Posted by Reggie on 24/09/2008 10:44:03 AM
The Knights have, since their inception, steamrolled all other sporting bodies and think that they are the be all and end all of attractions in the Newcastle and surrounding areas. Can we get a realistic break down of the money? Why do the Knights receive money for the sponsorships for naming rights, beer rights and a cut from all catering at the stadium? Surly this money should be paid to the “Hunter Sporting Venues Authority” who should in turn for pay the upkeep of the stadium. The ISC is owned by the state government on behalf of the people and therefore should not be in the control of any one sporting body.
Posted by Allan on 24/09/2008 11:44:50 AM
A-mac...It might be Called "Energy Australia" by the Knights, but to the rest of us It will always be call The "International Sports Centre", the name it was given when it was officially opened. It all comes down to money & Con Constantine said he would be willing to pay half the rent on the Stadium, maintenance of the ground for the six months he would be tenant & get pourage rights. A-mac think of this, Jets make no money out of beer sales, if the Jets got 11,000 people to a game & everyone brought 1 beer each at $5.50 a pop, that would make west/Knights $60,500.00 per game on pourage, on top of their rental of the stadium that would take the total of the game day to more like $75,000 pre game, that's without food being put into that estimate, so add another $33,00 to feed that 11,000 people. That is over a $100,000 per game. Time to open the catering books at the stadium & get a real figure of what is being made on a Jets Game day.
Posted by Tough Titties on 24/09/2008 12:40:27 PM
I agree that the Jets should get a better deal but not 50/50. Privately owned company v publicly owned sporting team. The facts are that the stadium has been upgraded on the back of the Knights deeds over the last 20 years. Con wants to walk in and demand the same deal when the team has only been around for 3 years. I think a sliding scale for an improved deal over a period of time is the fair way to do it.
Posted by Jaybroni on 24/09/2008 12:48:37 PM
1 beer at $5.50 by 11,000 people is $60,500.00 per game that goes into the Knights Bucket on a Jets game day, plus stadium rental, plus food sales... Open the Knights/Wests catering books on a Jets game day & the real amount of money the Knights/Wests would make would be more like $100,000.00 per game out of the Jets.... And that goes to the Knights remember... Wests are the Knights at that stadium...
Posted by Tough Titties on 24/09/2008 12:53:46 PM
Let's get this problem solved and resolved with a Win/Win for both parties involved. The Stadium is largely designed for Football (Soccer) and both codes of Rugby(Rugby League and Rugby Union). The only other possible user of this stadium would be the NSW Waratahs but they would be a very small user for pre season matches going on past experiences. Come on Newcastle let's fix this problem and get on with showing the world what a great stadium Energy Australia Stadium is.
Posted by Stuart on 24/09/2008 1:00:13 PM
The hunter valley hosts so many great music concerts now - and with our close links to Sydney with the thriving Newcastle Airport - Energy Australia Stadium would be a great place to host such outdoor events, and help bring more tourism income to our great city.
Posted by Tom on 24/09/2008 1:42:16 PM
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